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Carzonrent expects Rs 2,500 crore revenue in 4 years

Carzonrent, the taxi service provider has launched mobile application for corporate customer for the purpose of meeting its revenue target of Rs 2,500 crore over the period of next four years from the enterprise segment.

Rajiv Vij, Carzonrent MD and CEO has said that “At present B2B (business-to-business) segment is estimated to be around Rs 15,000 crore and is expected to reach Rs 25,000 crore by 2020. We are targeting about 10 percent market share which is around Rs 2,500 crore.”

According to the company it has invested around Rs 85 crore in last 1.5 years for building technology platform including ‘Cor Ride App’.

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