Yolcu360 opens to the world

ISTANBUL (IGFA) – Having decided to continue its story from Turkey after a short time, Yolcu360 has now taken a very important step to open up to the world and become the Unicorn. The car rental platform Yolcu360 received a $ 6 million Series A investment from Eksim Ventures, a subsidiary of Eksim Holding, in return for 20 percent of its shares, with a valuation of 30 million dollars for its new targets.

April 28 Uğur Mutluhan Oruncak, Eksim Holding Head of Strategy and Business Development and Umut Yıldırım, CEO of Yolcu360, who came together with the press members at the online investment launch in Turkey, shared the brand’s vision and growth targets for post-investment.

OYUN EXCHANGER

In 2020, Umut Yıldırım, CEO of Yolcu360, which was selected as ‘Turkey’s Fastest Growing Technology Company’ by Deloitte Technology with a record growth rate of 10 thousand 632 percent in the last four years, He emphasized that it has brought highly original approaches to the rental industry as a ‘game changer’ that opens up new lanes to compete, not to compete.

Stating that the valuation and investment is a fuel supply for the targets of becoming Unicorn, Umut Yıldırım said, “We have built our corporate culture on the values ​​of positivity, creativity and solution-orientation. Currently, we are the 20th in the world in the car rental category of the global internet measurement and comparison site Similarweb.com and the 1st in Turkey. At Şikayetvar.com, we have a guest satisfaction rate of 90 percent. Now is the time to turn that passion we have had from the beginning into success with a strong partnership in the global market, ”he said.

Stating that the revenues from 6 million TL in 2017 reached 100 million TL in 2020, Yıldırım said that they expect an income of more than 500 million TL in 2022.

During the investment negotiations, Umut Yıldırım stated that the words of Eksim Holding Chairman Ebubekir Tivnikli, “My dreams are the realization of the dreams of passionate entrepreneurs and the initiatives that have a say in the global markets from our country by investing in national technology” were motivating for them.

Eksim Holding Strategy and Business Development Director Uğur Mutluhan Oruncak stated that they believe in a business model that supports technology and innovative ideas and said, “As Eksim Ventures, we aim to diversify our fund with proven initiatives such as Yolcu360 in different sectors. We attach importance to innovative business models, especially in the energy and food sectors in which our holding operates. ”