Emerging Markets: India
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BERGGRUEN CAR RENTALS
Car Club was incorporated in April 2007 to provide services in car rental and staff transportation. The Company offers Chauffeur Drive and Self Drive facilities for business and personal travel. It is backed by a panel of industry experts, an impressive fleet of cars and a state-of-the art technology. Car Club currently operates in 114 cities in India including Bangalore, Chennai, Cochin Coimbatore, Hyderabad, Trivandrum, Vishakhapatnam, Ahmedabad, Goa, Mumbai, Nagpur, Nasik, Pune, Baroda, New Delhi, Gurgaon, Noida, Kolkata, Bhubaneswar, Jamshedpur, etc.
Car Club owns roughly 400 cars and operates about 4,000 cars ranging from the Economy segment to the Super Luxury segment and includes cars from Ford, Hyundai, Honda, Toyota, Tata, Chevrolet, Volkswagen, Mercedes, Audi and BMW – the company’s fleet (both owned and outsourced) is growing aggressively in line with the growing business.
Select Cabs was established in November of 2008. It is a staff transportation business that focuses on People Logistics. Select Cabs caters to the additional needs of some of Car Club’s existing clients. This allows Car Club to leverage off its existing network and infrastructure and build a sustainable business model with minimum additional costs.
Today Select Cabs transports more than 18,000 employees with 6,000 cars daily and operates in Chennai, Bangalore, Mumbai, Pune, New Delhi, Kolkata, Cochin and Hyderabad. The Company plans to expand to various cities in the near future along with the cities where Car Club has presence.
Together Car Club and Select Clubs operate a fleet of over 10,000 cars and service 1,800+ Corporate clients includes large multinational companies, Indian companies, luxury and midsize hotels covering various industries ranging from Information Technology, Automobile Companies, Oil Companies, Global Consultants, ITES, Airlines, Multinational & Indian Banks, Manufacturing Companies and Engineering Companies. The group currently has about 1,100 employees working across India.
http://www.selectcabs.com/
http://www.drivecarclub.com/
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GEMINI EQUIPMENT & RENTALS (GEAR)
Gemini Equipment and Rentals Private Limited (GEAR) is India’s leading industrial equipment service provider with primary focus on the manufacturing and warehousing segment in the materials handling, cleaning equipment and aerial work platform space.
GEAR was incorporated in February 2007 with the business objective of becoming India’s largest and best run equipment rental company.
Stage 1 of the company’s evolution was focused on the Construction Equipment (CE) rental vertical and within a very short span of 3.5 years, GEAR emerged as India’s largest pure play general construction equipment rental company and today counts all the large Indian construction companies as its repeat clients.
Stage 2 of its evolution required GEAR to look at other verticals to continue its fast growth and in April 2011, GEAR decided to venture into the rental of forklifts and other Material Handling Equipment (MHE). Within a very short time, GEAR built up a strong team and has got an enviable traction with blue chip clients such as PepsiCo, Coca Cola, Michelin, Nestle, HUL, Hindalco, and Saint Gobain.
In parallel, GEAR launched in May 2011, its equipment distribution platform branded ‘EQUIPWELL’ under BC Equipment Trading Private Limited to take advantage of the synergy presented by its investments in equipment rental operations. Both GEAR and EQUIPWELL have common sponsors, senior management and share platform costs.
To address the skills gap facing the equipment rental industry in general and the growing shortage for skilled operators faced by its rental business in particular, GEAR launched, in May 2012, the National Institute for Operator Training (NIFOT). NIFOT’s mandate is to provide operating, maintenance and safety training, certification and accreditation to operators and it will cater to the needs of GEAR and other third parties.
In 2019, GEAR has forayed into the Industrial Cleaning space with a strategic partnership with Minuteman (HAKO Group) which is a world leader in Industrial cleaning machines.
GEAR currently has an equipment bank of roughly 700 machines, which it expects to grow to over a 1,000 units by 2022. GEAR is headquartered in Mumbai has regional offices in Chennai, Bangalore, Delhi, and Jharsuguda. Berggruen Holdings owns a majority stake in GEAR.
www.gear-india.com
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EQUIPWELL
BC Equipment Trading Private Limited (branded ‘EQUIPWELL’) was incorporated in 2010 with the business objective of acquiring distributorship / India trading rights of quality products from World Class OEM’s to deliver value to its principals, suppliers, shareholders and other stakeholders.
EQUIPWELL is an associate company of GEAR, India’s largest and best run equipment rental company. Both GEAR and EQUIPWELL have common sponsors, senior management and share platform costs.
By leveraging the strength of GEAR’s network, expertise and infrastructure, EQUIPWELL has acquired, within a short span of time, the most comprehensive portfolio of material handling equipment available with a single distributor in India. EQUIPWELL is the exclusive all India distributor of Materials Handling Equipment from TCM (Japan) & STILL (Germany) and is also a dealer for specialized warehousing equipment from Combilift and Aisle-Master (Ireland).
EQUIPWELL is headquartered at Mumbai and has regional offices in Ahmedabad, Bhubaneshwar, Bhopal, Delhi and Hyderabad with major site office in Chennai.
Berggruen Holdings owns majority stake in EQUIPWELL.
http://www.equipwell.com/
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UEI GLOBAL
UEI Global was founded in 2007 and offers short and long term courses in Business Management and Hotel Management with Bachelor’s and Master’s Degree and Certification Programs in India.
The Education sector in India is currently estimated to be US$ 50.1 billion opportunity; with higher education accounting for US$ 40 billion and vocational education pegged at 10.1 billion expected to grow at 15% CAGR. UEI is focused on tapping into the professional college and services training segments. The Company currently runs 9 academies across India and is led by an experienced management team, which has extensive experience in the education space.
UEI offers courses that can be split into Traditional Higher Education (1 to 3 year programs) and Vocational Training (4 to 6 month programs). The high quality course content has been developed in a modular fashion; further it is structured in a manner which maximizes delivery consistency and reduces the human “variable factor.”
The curriculum of the programs is crafted to bridge the ever growing demand-supply gap in the service industry, there is a unique blend of vocational skills training along with formal education. UEI has academic alliances with 7 Indian and 4 International Universities. Its placement division places students directly into Companies by capitalizing its corporate relationships.
A pioneer in its unique direct marketing approach, UEI has devised a very strong lead generation and student acquisition model which ensures a very strong pipeline as a very low cost. The Company is currently opening up new channels of growth; beyond its physical locations, including rural and online-learning initiatives.
www.uei-global.com