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Sep, 09 2019

Bangalore-based vehicle sharing platform Drivezy partners with OYO Hotels & Homes

With the alliance, the company looks to leverage OYO’s expansive network of over 10,000 leased and franchised buildings with footprints in over 300 cities across the country and create on-site hubs to station its bikes and cars.

Drivezy, Bangalore-based vehicle sharing platform, has announced a strategic business partnership with OYO Hotels & Homes, India and South Asia’s largest, China’s 2nd largest, world’s 3rd largest and fastest-growing chain of hotels, homes, living, and workspaces. With the alliance, the company looks to leverage OYO’s expansive network of over 10,000leased and franchised buildings with footprints in over 300 cities across the country and create on-site hubs to station its bikes and cars.

The hubs will offer OYO’s guests as well as other customers convenient access to Drivezy’s wide range of vehicles. The company has already stationed1,200 bikes at OYO hotels in the cities of Bangalore and Hyderabad and looks to increase the tally to 100,000 bikes and cars over the next three years.

Amit Sahu, Co-Founder of Drivezy, said, “OYO is India and South Asia’s largest hotel chain and commands a massive customer base. We are really excited to work with them as we both believe in the common philosophy of the sharing economy. Establishing on-site hubs with OYO will allow us to further increase our penetration in the growing tourism sector which is mostly dependent on cabs and chauffeur-driven car rentals. We believe that our partnership will offer a cost-effective and convenient alternative to guests staying at OYO.”

Gaurav Ajmera, Chief Operating Officer, India & South Asia, OYO Hotels & Homes, stated, “We are pleased to partner with Drivezy, a brand renowned for their travel offerings. Every traveler today shows an increasing appetite for experiences that make their stay super convenient and hassle-free. With this partnership, we look to address the commuting requirements of our guests. Our association with Drivezy will help us add a new dimension to our service offerings, ensuring that our guests have a perfect stay with their own independent hired vehicle without having to worry about booking cabs or drivers.”

Ashwarya Singh, CEO of Drivezy, added, “Contemporary players in the on-demand shared mobility space have adopted a free-floating model where customers are free to drop the asset anywhere within city limits. While this model has its advantages, it is extremely difficult to ensure the well-being of the assets being rented and prevent vandalism. To counter this, we are establishing a dense network of parking spaces in all operational cities and our association with OYO is a step in that direction. Unlike existing services, customers will have to drop their vehicles at Drivezy locations once their trip ends.” 

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