New Delhi 7th
April, 2021: The Covid shock of 2020 devastated most industries and the
startup ecosystem was no exception, Sequoia issued a memo calling coronavirus
the Black Swan of 2020 and Nasscom said 40% of Indian tech start-ups were
forced to halt operations. Many start-ups let go of their employees, did salary
cuts, on the contrary Luxury Ride, a chain of pre-owned luxury cars start-up
headquartered at Gurugram has not only survived the pandemic with ease, but
today completes successful 6 years, given 10 lacs rupees cash as reward to the
GM-Sales and also has awarded 11 staff members who has been working with Luxury
Ride from more than 3 years. Luxury Ride catering to the bigger section of the
society, who have a dream of buying luxury cars at an economical price and also
avail the after car services at an affordable rate.
Su
mit Garg, Co-Founder
and Managing Director at Luxury Ride said, “Following your
passion, earning money from doing what you love is the ultimate happiness. I
always had a passion for luxury, exotic cars and I am lucky that I could
transform my passion into a hugely successful venture and pursue my childhood
dream. We started in 2015 with a single showroom and had no car to showcase in
our showroom, but here we are in 2021
with 1000+ cars, 4000+ happy customers, 150+ employees,
built India’s biggest showroom in Karnal and dominating the North India market.
Our passion for luxury cars has come a long way and it will continue to grow as
we will expand in Central India, Southern India and in Western India. We will
be opening 50 new showrooms across India with service centres, to offer all
services under one roof to our valuable customers. We recently forayed in the
exotic sports car category and 10% of our stocks will be of this. The journey
of six years has been really amazing and we have come a long way, the pandemic
was kind to us and we have survived the pandemic with decent sales and have
added many new customers to our family. Today, we have retail presence in
cities like Delhi, Karnal, Chandigarh, Dehradun, Jaipur, Ludhiana, and
Gurugram. Our mission is to not only provide certified, pre-owned luxury cars
at an economical rate but also provide after car services at a very affordable
cost. We at Luxury Ride believe that trust, transparency, quality control are
the pillars of Luxury Ride. This six years of journey are only possible because
of our team, customers, our mentors & investors, and we thank all of them
from the bottom of my heart.”
About Luxury Ride:
Co-Founded by Sumit Garg and serial angel investor Dhianu Das in 2015, Luxury
Ride is among India’s fastest-growing and largest chain of pre-owned,
multi-brand luxury car showrooms, offering end to end services from buying,
selling, servicing, insurance, roadside assistance to car modification and
more. It has seen tremendous growth year on year and is now present in seven
cities across North India (Karnal, Gurugram, New Delhi, Ludhiana, Dehradun,
Jaipur, and Chandigarh) - through a mix of owned and franchised outlets. Luxury
Ride has sold 800+ luxury cars and serviced over 10,000 cars since inception.
Its pre-owned luxury car portfolio includes Audi, BMW, Mercedes, Porsche,
Volvo, Jaguar, Land Rover, Mini Cooper, and others. At Luxury Ride every car is
put through 150 quality tests and it's the first in India to offer a 15-day buy
back guarantee. It aims to be a one-stop destination for pre-owned luxury cars
providing buying, selling, servicing, detailing, insurance, roadside
assistance, car modification and much more, all under a single roof. Luxury
Ride’s vision is to make luxury cars affordable for more customers and set new
benchmarks in the space be it service, selling or the whole experience. Do
visithttps://luxuryride.in/
for details.
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