Voler Car Ltd. IPO

We are primarily engaged in providing employee transportation services (ETS) to large MNC’s and corporate clients with presence across various major cities in India. Our ETS solutions cover comprehensive home-to-office-to-home transportation, supported by 24/7 customer service, dedicated ... location teams, and a fleet of verified vehicles and chauffeur-drivers. We manage a pooled fleet of over 2,000 vehicles, including small cars, sedans, SUVs, electric vehicles, buses, and tempo travellers. In F.Y. 2023-24, we have completed approximately about 3,23,550 trips averaging at more than 884 trips in a day. We operate largely on an asset-light model where the majority of our vehicles are sourced from vendors rather than owned. This strategy allows us to maximize revenue by optimizing seat usage and enhancing overall employee mobility. Read more

Global Employee Transportation Service Market

The corporate employee transportation service market size is predicted to reach US$ 49.33 billion in 2028 at a compounded annual growth rate (CAGR) of 8.3%. The growth in the corporate employee transportation service market is due to growing ... corporate office presence in the Asia-Pacific region is expected to hold the largest corporate employee transportation service market share. Indian Employee Transportation Service Market The employee transportation service market, is estimated to have generated a revenue of ?503.5 billion ($6.1 billion) as of CY2023, and it exhibits steady expansion growing in line with development of corporates such as IT, Global Capability Centers (GCC) segments etc. It is expected to grow at a CAGR of 11.8% to reach ?1097.6 billion ($13.2 billion) revenue in CY2030. This aligns with India's growing economy, the rise of the organized sector, and increasing employee expectations for convenient commutes. The ETS market caters primarily to corporates, particularly in tier-1 cities, with pricing models varying based on vehicle type, route distance, and service customization. Common models include per-employee, per-trip, and fixed monthly charges. Read more