TVS Motor increases stake in rental-services company

The online platform that connects consumers looking to rent out various products including – two-wheelers, passenger vehicles, buses, among others – with prospective renters.

Autocar Pro News Desk By Autocar Pro News Desk calendar 09 Jan 2018 Views icon7358 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
TVS Motor increases stake in rental-services company

Homegrown two- and three-wheeler major TVS Motor has invested Rs 50 lakh in Bangalore-based Condivision Solutions the parent company of Rentongo.com

TVS Motors has increased its stake in the rental company by 5.6 percent, taking its total ownership to 29.6 percent.

Rentongo is an online platform that connects consumers looking to rent out various products including – two-wheelers, passenger vehicles, buses, among others – with prospective renters.

The company established in 2012, currently operates in key metroes that includes Bengaluru, Delhi/NCR, Hyderabad, Mumbai, and Pune.

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