eZhire, a UAE-based car rental startup has just raised investment in a seed round that was led by Jabbar Internet Group. Kuwaiti investor Ali Al-Salim who is the co-founder of Arkan Partners, Sahm Yaghi and Al Jal Investors also joined the reed round.
The startup eZhire, was founded in 2016 by Hassan Saduzai. As the name suggests, the startup aims at making it easy for people to hire or rent a car (hence “eZ” and “hire”). What the startup basically does is that it connects people who want to rent a car with car rental companies through its mobile apps and web-based platform. Anyone with a valid UAE driving license is able to rent a car using their apps, and here’s the fun part: With just three taps, your car is delivered to you with 0 bureaucratic procedures or paperwork.
CEO and founder Hassan talks about his journey in launching eZhire saying: “We had domain expertise in car rental, and we found it very confusing and complicated to rent a simple car. We believe that renting a car should be as simple as hiring a cab, and that’s how the idea for eZhire was born.”
He also talked about how the recent investment will provide an additional boost to eZhire, stating that Jabbar Internet Group are well known and experienced in investing in success stories.
Samih Toukan, Chairman of Jabbar Internet Group said: “We see huge potential in eZhire, they are truly redefining the way people rent a car. They are the first of its kind in the region, people really needed an easy way to get a car, and we believe eZhire is the answer to it.”
The startup eZhire currently operates in Dubai and some parts of Sharjah and has plans of expanding into other cities in the UAE.
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