[dropcap]A[/dropcap]ccording to reports, on-demand chauffeur provider DriversKart has acquired Mumbai-based startup Driven in an equity and cash deal. When ET contacted Srivastava, however, he declined to reveal the deal value.
Run by Get Driven Technologies, DriversKart enables users to hire drivers on an hourly, weekly or monthly basis through its app. It was founded in 2015 by serial entrepreneur Vinit Srivastava, former Jabong executive Lakshmi Potluri and former Cognizant executive Saksham Grover.
This acquisition would make DriversKart market leader in India’s on-demand driver marketplace.
The Chennai-based startup i serves 10,000 rides a month and operates currently in Bengaluru, Mumbai, Pune, Delhi and Chennai. It has about 20 employees under its payroll. It aggregates drivers and agencies on its marketplace after verifying the antecedents of the drivers and training them.
A most preferred driver provider for self-drive car rental company Zoomcar, Justride, etc., DriversKart has a strong presence in B2B and B2C segment. It competes with the likes of DriveU, Zimmber and Driver Bulao.
Driven has a strong team and good presence in the Mumbai consumer market, said Srivastava.
“We get access to a team which was equally excited and passionate about this space and has had tremendous learning in short span of time. It gives access to 150 driver partners servicing 1000 customers a month. The deal will strengthen the presence of DriversKart in Mumbai,” added Srivastava.
