ECO Mobility IPO

Company Summary

Incorporated in February 1996, ECOS (India) Mobility & Hospitality Limited is a chauffeur-driven car rental service provider in India. The company’s primary business is to provide chauffeured car rentals (“CCR”) and employee transportation services (“ETS”).

As of March 31, 2024, the company had a presence throughout India, operating in 109 cities using its vehicles and vendors. It was spread across 21 states and four union territories, showcasing its extensive reach and penetration into diverse regions across the country.

The company has a fleet of over 12,000 cars, including economy, luxury, and minivans, as well as specialty vehicles such as luggage vans, limousines, vintage cars, and accessible transportation for people with disabilities.

The clientele of the company include InterGlobe Aviation Limited (Indigo), HCL Corporation Private Limited, Safexpress Private Limited, Deloitte Consulting India Private Limited, Urbanclap Technologies Private Limited (Urban Company), IndusInd Bank Limited, Foresight Group Services Limited FZCO, HDFC Life Insurance Company Limited, Thomas Cook, India, Grant Thornton Bharat LLP, WM Global Technology Services India Private Limited (Walmart Global Tech), VRB Consumer Products Private Limited, Pinkerton Corporate Risk Management Private Limited, MedGenome Labs Limited, Dreamfolks Services Limited, Mercer Consulting(I) Private Limited, FNF India Private Limited (Fidelity), exl Service.com (India) Private Limited, Gujarat Guardian Limited, and VA Tech Wabag Limited.

As of  March 31, 2024, the company had 671 employees in its crucial operations team, responsible for real-time quality checks and issue resolution.