ComfortDelGro invests US$2M to fund Drive lah expansion
31 Oct 2023|334 views
It seems like regional shared mobility options are set to increase, as Drive lah secures US$2 million worth of investment from ComfortDelGro (CDG). This makes CDG the lead investor and preferred fleet partner of Drive lah.
Drive lah is a car rental platform founded in Singapore in 2019. Its main business is enabling mobility by helping car seekers find nearby vehicles, which may otherwise be sitting idle, to rent. The platform operates on an asset-light car sharing model.
Founded in Singapore in 2019, Drive lah now enjoys presence across Asia Pacific - in fact, it's known as Drive mate in Australia
Drive lah has established its presence in the Asia Pacific (APAC) region. This round of investment will fuel the platform's expansion in Australia and the development of Drive lah's connected car technology. In Australia, Drive lah is known as Drive mate.
The collaboration between CDG and Drive lah will see both companies redefining urban mobility across the region. It will foster continued growth and potential for shared mobility solutions, making them more accessible and sustainable within APAC countries.
The partnership will commence this quarter in Sydney and Melbourne, with ComfortDelGro Corporation Australia progressively supplying up to 3,000 vehicles to the Drive mate platform. This is in response to an increase in demand for car sharing services in Australia. At present, CDG already has a strong foothold in operating buses, taxis, and non-emergency transport in Australia.
Drive lah will focus on improving the connectedness of shared mobility options to fuel its next phase of growth
Drive lah has over 200,000 registered users and more than 2,000 cars to date. Since early 2020, it has grown 10-fold.
The co-founders of Drive lah are positive that the securing of funds signals a common vision to expand car sharing and subscription in the APAC region.
"The future of mobility is interconnected. We're gearing up to lead the transformation towards a more connected and efficient transportation ecosystem in APAC.” said Mr. Dirk-Jan ter Horst, one of Drive lah's co-founders.
It seems like regional shared mobility options are set to increase, as Drive lah secures US$2 million worth of investment from ComfortDelGro (CDG). This makes CDG the lead investor and preferred fleet partner of Drive lah.
Drive lah is a car rental platform founded in Singapore in 2019. Its main business is enabling mobility by helping car seekers find nearby vehicles, which may otherwise be sitting idle, to rent. The platform operates on an asset-light car sharing model.
Founded in Singapore in 2019, Drive lah now enjoys presence across Asia Pacific - in fact, it's known as Drive mate in Australia
Drive lah has established its presence in the Asia Pacific (APAC) region. This round of investment will fuel the platform's expansion in Australia and the development of Drive lah's connected car technology. In Australia, Drive lah is known as Drive mate.
The collaboration between CDG and Drive lah will see both companies redefining urban mobility across the region. It will foster continued growth and potential for shared mobility solutions, making them more accessible and sustainable within APAC countries.
The partnership will commence this quarter in Sydney and Melbourne, with ComfortDelGro Corporation Australia progressively supplying up to 3,000 vehicles to the Drive mate platform. This is in response to an increase in demand for car sharing services in Australia. At present, CDG already has a strong foothold in operating buses, taxis, and non-emergency transport in Australia.
Drive lah will focus on improving the connectedness of shared mobility options to fuel its next phase of growth
Drive lah has over 200,000 registered users and more than 2,000 cars to date. Since early 2020, it has grown 10-fold.
The co-founders of Drive lah are positive that the securing of funds signals a common vision to expand car sharing and subscription in the APAC region.
"The future of mobility is interconnected. We're gearing up to lead the transformation towards a more connected and efficient transportation ecosystem in APAC.” said Mr. Dirk-Jan ter Horst, one of Drive lah's co-founders.
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