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INTERNET | eCommerce / Travel (internet)
klezcar.com

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Founded Year

2012

Stage

Series A | Alive

Total Raised

$880K

Last Raised

$880K | 2 yrs ago

About KLezCar

KLezCar is a car rental and travel tour company in Malaysia.

KLezCar Headquarter Location

Unit 408 & 409, Blok A, Level 4, Kelana Business Centre 97, Jalan SS7/2, Kelana Jaya, Petaling Jaya

Selangor, 47301,

Malaysia

60-17-404-0772

Latest KLezCar News

Khazanah's MTDC invests RM6.2m in KLezcar

Mar 13, 2020

3:31 PM MYT MTDC chief executive officer (CEO) Datuk Norhalim Yunus said the company has plans to add more rounds of funding for KLezcar in the future. KUALA LUMPUR: Khazanah Nasional Bhd's unit, Malaysian Technology Development Corporation (MTDC), has invested RM6.2mil in car rental company KLezcar Travel & Tours Sdn Bhd. MTDC chief executive officer (CEO) Datuk Norhalim Yunus said the company has plans to add more rounds of funding for KLezcar in the future, especially as the company is gearing to penetrate the Southeast Asian market from 2021 onwards. "We like KLezcar's business model because they partner with small car rental companies instead of buying and renting out their own fleet. This will indirectly help to develop entrepreneurship in the country. "Small car rental companies normally do not have the means to invest in technology, so by partnering with KLezcar, it will take care of the system, marketing, payment and other back-end processes," he told a press conference after announcing the Series A Investment Round here on Friday. Established in 2014, KLezcar has a nationwide network of 134 of its own and partner branches, offering over 1,838 cars. Customers can book the services easily through the company’s website, www.klezcar.com, or by downloading the klezcar app. Meanwhile, KLezcar CEO Amad Fuad Zainal Abidin said the company also plans to expand its list of services to include carwash and oil changing by partnering with business operators. Leveraging on their strong technical background, KLezcar introduced a holistic car rental management system as well as the lnternet-of-Things devices for Global Positioning System (GPS)-tracking and car locking/unlocking system which were built in-house. With the systems in place, the company managed to massively improve customer experience by reducing waiting time with real-time booking, eliminating double-bookings, providing more efficient documentation and emergency assistance nationwide as well as providing replacement cars. "Last year, with 90 partners, we managed to rake in total sales of RM7.5 million. "This year, we plan to extend our network in terms of coverage and fleet size by onboarding 210 new partners with a newly enhanced KLezcar Partner Programme and generate RM21 million in sales," Amad Fuad added. - Bernama Article type: metered

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Expert Collections containing KLezCar

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

KLezCar is included in 3 Expert Collections, including Auto Commerce.

A

Auto Commerce

529 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

M

Mobility-as-a-Service

548 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

T

Travel Technology (Travel Tech)

2,060 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

KLezCar Web Traffic

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Page Views per Million (PVPM)
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