Darenta

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City: Moscow

State: Moscow City

Zip:

Country: Russian Federation

The largest peer-to-peer car rental marketplace in Eastern Europe. Darenta is a person-to-person vehicle sharing marketplace that will provide the insurance, technology and platform to help people securely rent their underutilized vehicles and vessels such as cars and more among a trusted community of members. Sharers generate income from renting while Borrowers gain access to fun and convenient rides. By connecting neighbors with matching needs, Darenta provides a sustainable solution to reduce pollution, traffic and the high cost of ownership. At Darenta, access to vehicles is about more than just transportation; members can develop new relationships, build trust, and engage in new and different experiences and adventures with less hassle and cost. In addition to the personal benefits, Darenta also reduces traffic and pollution while curbing unnecessary consumption. The company does differentiate itself from competition via geography. In Russia there are no social carsharings. The business idea very different compared to what is available in the market. Earlier owners rented out their car on very uncomfortable forums and boards. Our Top 3 competitors are http://www.icarsclub.com, http://www.carclub.com.sg and https://relayrides.com. We are better and why we would succeed where they fail: we have the same success, we have a big increase in customers, but we are working in other countries. The company business model is https://bmfiddle.com/f/#/CSRL5 The revenue model is sustainable, because we will be taking a commission from the transaction. The company does manage its cashflow because in Russia now rent out more than 10,000 private vehicles. The business does have potential to be scalable because we can easily translate the content into other languages and to enter to new markets in other countries. At the moment, we have launched the service in 16 countries. The business idea targeting is tourists and others who wish to rent a car. This targeted market is so big now. 10,000 private cars rents out by an average of 2 months a year. Average turnover per car is 50 dollars per day. Average revenue per car is 3000 dollars per year. Average revenue for all cars is 30,000,000 dollars a year. Profit of our startup is 6,000,000 dollars a year. The company does reach out to its targeted market if the Darenta develop better product and will make promotion (SEO, Adwords, etc.) It would cost 100,000 dollars and it would take for one year to capture the market.

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