OYO Hotels and Homes, India’s fastest emerging hospitality player, has signed a commercial partnership agreement with Drivezy, a Bengaluru-based vehicle rental company.
The partnership will allow Drivezy to park its vehicles at Oyo’s properties across the country.
“With this partnership, we look to address the commuting requirements of our guests. Our association with Drivezy will help us add a new dimension to our service offerings,” Gaurav Ajmera, COO, India and South Asia at Oyo, said.
Drivezy was founded in April 2015 by Ashwarya Pratap Singh, Hemant Sah, Amit Sahu. The company went by the name Justride and served as an aggregator in the carsharing space. However, the company underwent a rebranding and shifted focus to the marketplace model.
The platform also offers rentals for cars and two-wheelers to customers, while car owners can list their vehicles on Drivezy’s platform for customers to select for rentals.
Oyo, on the other hand, the SoftBank backed hospitality chain Oyo was started by Ritesh Agarwal in 2013. The startup was started from a single hotel to over 8500 hotels at present. It is the fastest growing network of hotels, offline and online.
According to sources, Drivezy-branded two and four-wheelers will be placed at Oyo properties that will allow the Gurugram-based company’s customers, as well as Drivezy users, to access the vehicles.
While, Drivezy has stationed about 1,200 two-wheelers in Oyo properties in Bengaluru and Hyderabad, with the stated aim of parking about 100,000 vehicles over the next three years in the company’s properties across the country.