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Hype Luxury Mobility

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Hype Luxury Mobility
Company typePrivate
IndustryCar rental
Founded2017; 7 years ago (2017)
FounderRaghav Belavadi
HeadquartersBangalore, India
Areas served
India, UAE, UK
Servicesluxury car rental, yacht rental, private jet rental
Websitewww.gohype.in

Hype Luxury Mobility is a luxury car rental company headquartered in Bangalore, India.[1][2] Founded in 2017, it provides luxury cars, yachts, and private jets for rent in India, the UAE, and the UK.[3][4] The company was founded in 2017 by siblings Raghav Belavadi and Vijaya Belavadi.

Fleet

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Hype has operations in 19 cities across India including Ahmedabad, Bangalore, Chandigarh, Chennai, Cochin, Coimbatore, Delhi NCR, Goa, Hyderabad, Indore, Jaipur, Jodhpur, Kolkata, Mangalore, Mumbai, Madurai and, Pondicherry.[5] The brands in its fleet include Rolls-Royce, Mercedes, Lamborghini, Ferrari, Maserati, Jaguar etc.[6] Users book cars for rent directly from its website or through its mobile app.[7][8]

It has a fleet of yachts including Bayliner 340, Ferretti 550, Island Spirit 401, Grand Soliel 45, Sea Ray 330, Azimut 39, Rinker 260, Free Spirit, Majesty 66 etc.[9]

It has also partnered with aircraft operators to provide helicopters and private jet rentals.[10]

Funding

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Hype Luxury said in a statement it had raised an undisclosed amount in Pre-Series A funding from Razorpay co-founders Harshil Mathur and Shashank Kumar's early stage startup fund MarsShot Ventures.[11]

Brand Ambassador

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Suniel Shetty has collaborated with HYPE as the brand ambassador.[12][13][14]

Partnerships

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  • HYPE has partnered with CRED, founded by Mr Kunal Shah to offer deals for all premium Cred users.[15]
  • American Express had partnership with Hype to provide luxury travel experience for its Platinum and Centurion Card members.[16]
  • Hype has partnered with ICICI to provide special deals to its credit and debit card customers.[17]

References

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  1. ^ "Amex in pact with Hype Mobility to offer luxury cars on rent". Economic Times. 10 February 2020. Retrieved 26 November 2022.
  2. ^ "What is steering yacht tourism in India in the post-pandemic lockdown season". TravelDailyMedia.
  3. ^ "From Yacht to Cars and Jets, India's Luxury Rental Mobility Industry Is On a Boom". News18.
  4. ^ "Yachts, Audis and other luxuries on rent for social media-crazy millennials". Business Standard.
  5. ^ "Hype expands its services; eyes 300% growth by 2024". Economic Times.
  6. ^ "Now rent a luxury car for Rs 6,999 per day in these cities: Rolls-Royce, Maserati & more". FinancialExpress.
  7. ^ "Luxury car rental startup HYPE in talks to raise $25-30 million". LiveMint.
  8. ^ "HYPE to drive luxury car rental business to new growth areas". DeccanHerald.
  9. ^ "Hype Launches Luxury Yacht Rental In India". BusinessWorld.
  10. ^ "Hype have access to about 100 aircraft". TheHinduBusinessLine.
  11. ^ "Luxury car rental startup Hype Luxury raises Pre-Series A round". TVW News India.
  12. ^ "Suniel Shetty to endorse luxury mobility rental player Hype". MediaNews.
  13. ^ "Actor Suniel Shetty is the face of mobility platform Hype Luxury". Moneycontrol. 14 December 2023. Retrieved 29 December 2023.
  14. ^ "Suniel Shetty to be face of Hype Luxury". Economic Times. 13 December 2023. Retrieved 29 December 2023.
  15. ^ "Luxury car rental Hype partners with CRED". Economic Times.
  16. ^ "American Express partners Hype to provide luxury cars on rent". BusinessInsider.
  17. ^ "HYPE Offer". ICICI Bank.