Formula Group launches Formula2Ride across eight metropolitan cities

India's leading integrated mobility conglomerate Formula Group has launched Formula2Ride, an in-demand self-drive car rental service platform.

The platform will provide fully-insured and well-maintained SUVs, sedans, hatchbacks, and luxury vehicles across eight cities with free home delivery and unlimited driving distance as part of its customer and corporate offerings.

The quality-driven technology-first platform is backed by more than a decade of domain expertise in urban mobility of its parent company. Formula2Ride takes special care of safety, security, and comfort of its customers and only features airbag-enabled, fully-insured vehicles with all-India permits.

The newly-launched platform also aims to do away with unethical practices and encourages transparent pricing that includes maintenance charges. Adding to its superb customer experience, Formula2Ride also provides instant refund along with 24x7 customer support.

"We are leaving no stone unturned to ensure that we provide an evolved service quality to urban customers and businesses, something which has been their primary pain point with regards to mobility solutions," said Managing Director Formula2Ride, Raman Narula.

"This includes well-maintained cars with unlimited drive distance along with other privileges. We are confident that with Formula Group's vast technological prowess and industry leadership, the platform will carve a unique identity for itself and establish new benchmarks within its domain," added Narula.

Formula2Ride has gained significant traction across all target geographies, including Delhi, Hyderabad, Pune, Bangalore and Ahmedabad. This has facilitated over 9,000 signups on the website, close to 10,000 Android downloads, and more than 500 app downloads on iOS and over 1500 transactions.