{"id":3002,"date":"2020-05-28T10:53:59","date_gmt":"2020-05-28T05:23:59","guid":{"rendered":"https:\/\/rzpwp.blog\/?p=3002"},"modified":"2025-04-23T18:06:56","modified_gmt":"2025-04-23T12:36:56","slug":"luxury-car-rental-hype","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/luxury-car-rental-hype\/","title":{"rendered":"The \u201cHype\u201d is Real in Luxury Mobility"},"content":{"rendered":"

Fast, flashy and chic luxury cars, among all the other machines, are a part of our genetic make-up, which makes them unavoidable.\u00a0<\/span><\/p>\n

I mean, who wouldn\u2019t love to drop a gear and disappear, right? Most of us would, but the option of renting a luxury car was only available to only a few.\u00a0<\/span><\/p>\n

Dealing with unknown vendors, non-transparent pricing, safety issues, and poor customer experience was a perpetual problem, says Raghav Belavadi, CEO, Hype – Luxury Mobility.<\/span><\/em><\/p><\/blockquote>\n

Hype – Luxury Mobility was founded in 2017 to eradicate the above problems faced by people. The company offers self-drive luxury car rentals, chauffeur-driven and long-term rental services.<\/span><\/p>\n

With over 2,800 luxury cars in 7 cities of India, Hype provides the most extensive fleet size with the broadest range of selection to premium customers.<\/span><\/p>\n

As a tech company selecting a competent tech-driven partner was our primary focus.<\/span><\/em><\/p><\/blockquote>\n

Razorpay offered excellent technological innovation, price model, security to Hype\u2019s high-value transactions and customer management.\u00a0<\/span><\/p>\n

The multi-level payment process, updated Github code, and the ability to choose many functions like security deposit, wallet partners, EMI<\/a>, and Pay Later immensely helped Hype\u2019s customers.\u00a0<\/span><\/p>\n

Later, the company piloted it\u2019s high-value transactions on Razorpay for 30 days and observed 100% efficient systems and 0% downtime on their national and international transactions.\u00a0<\/span><\/p>\n

\"Razorpay<\/p>\n

The integration was flawless and boosted our transaction speed by 40%, POD efficiency by 23% and reduced the pricing overhead by 72%.<\/span><\/em><\/p><\/blockquote>\n

Hype has grown over 6X in 2019 and expects to expand its operations in two more countries by 2022. The company aims to become the largest luxury mobility company on land, water and air globally.\u00a0<\/span><\/p>\n

Q&A with Raghav Belavadi, CEO, Hype – Luxury Mobility<\/span><\/h2>\n

What was the idea behind your company\u2019s inception?\u00a0<\/b><\/h3>\n

Hype was founded in 2017, Bengaluru to address the perpetual problem associated with luxury car rental. People who wanted luxury cars for specific occasions got tangled with various issues like renting from unknown vendors, non-transparent pricing and zero customer service.<\/span><\/p>\n

Luxury cars have always been eye candy for people, but everybody cannot own a luxury car. Also, there was no option for luxury car rental or self-drive.\u00a0<\/span><\/p>\n