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October 22, 2013

Deal Alert: Intel Capital invests in taxi booking service Savaari, data recovery firm Perpetuuiti

Intel Capital has invested in Mumbai-based Perpetuuiti Technosoft and Bangalore-based Savaari Car Rentals. Perpetuuiti Technosoft offers real-time visibility and availability management of business continuity planning/disaster recovery (BCP/DR) infrastructure. With this investment the company plans to expand its reach outside India and take their BCP solution to Africa and USA.

Savaari Car Rentals is an online car rental company, offering car rentals across 60 cities in India to both retail and corporate customers. Savaari will use this funds to rapidly scale and expand its operations in India. The company had previously raised INR 5 Cr funding from Inventus Capital. 

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