What we do Wise Travel India Limited offers online car rental and taxi booking services with a large fleet and technology platform, specializing in corporate transportation across India and internationally. |
Founded in 2,009 |
Market share Leading player in corporate car rentals and employee transportation with presence in 130+ cities and international expansions in UK and Dubai. |
Problem solved Provides efficient, technology-driven mobility and transportation solutions for corporate clients, simplifying employee commute and travel needs. |
Top clients or who we serve Serves over 650 corporate clients across various industries, focusing on B2B corporate transportation and employee commute solutions. |
Key management Vivek Laroia (Managing Director), Ashok Vashist (CEO), Manish Kumar Sharma (Whole-time Director). |
Our journey and innovations Since 2009, grew fleet to 14,500+ vehicles, managed 2010 Commonwealth Games transport, expanded internationally, and introduced sustainability via electric vehicles. |
Where we operate Pan-India presence in 130+ cities with subsidiaries in UK, Dubai, and Indonesia, operating globally. |
Top products or what we offer Corporate car rentals including luxury cars, employee transportation, car leasing, coach rentals, airport counters, and mobility technology solutions. |
Top brands WTI Cabs - market leader in corporate transport; WTI Mobility UK Ltd - self-drive services in UK; WTI Rent A Car LLC in Dubai. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Primarily recurring revenue from corporate contracts and employee transportation services with steady demand. |
Our industry position Strong leadership in Indian corporate mobility with expanding international footprint and robust technology platform. |
Financial highlights FY25 consolidated revenue Rs. 548.6 Cr, net profit Rs. 23.35 Cr, revenue CAGR ~37%, steady profitability. |
Geographical revenue split - |
Order book - |
Whats driving growth Expansion in tier 2-4 cities, international subsidiaries, adding airport counters, sustainability initiatives, and corporate client acquisitions. |
Our future plans Consolidate operations in 250+ cities, grow fleet, enhance technology platform, and deepen global presence mainly in UK and Dubai. |
Our green promise Incorporated electric vehicles into fleet reflecting commitment to sustainable and greener transportation. |
Our people and values Employee-focused culture with management trainee program shaping future leaders; zero tolerance for workplace harassment. |
Key challenges ahead Scaling operations while maintaining service quality, competition in rental space, and continuous tech innovation pressure. |
Interesting facts Managed transport for 2010 Commonwealth Games; first Indian mobility company expanding globally. |
Risks and strategy Minimal operational risks; strategy focuses on cost optimization, geographic expansion, and strategic partnerships. |
