Wise Travel India Ltd – Company Report
1. Company Overview
Wise Travel India Ltd., established in 2009 and headquartered in New Delhi, is a leading provider of corporate car rentals and employee transportation solutions across India. The company leverages an extensive fleet and robust technology platforms to serve over 130 cities, offering seamless, reliable mobility for corporate clients and large organizations. Its core strengths include process-driven service delivery, certified quality standards, and the ability to customize mobility solutions for different industries. The business is supported by a team of 501–1,000 professionals, combining deep sector expertise with cutting-edge digital platforms.
Key Highlights:
- Founded: 2009
- Headquarters: New Delhi, India
- Fleet: Extensive car and coach rental services
- Service Footprint: 130+ Indian cities
- Employee Strength: 501–1,000
- Certifications: ISO certified, technology-enabled
2. Products and Services
- Corporate Car Rentals: On-demand and scheduled services for corporates
- Employee Mobility & Transportation: End-to-end solutions including transport management (MSP), route optimization, employee shuttling, and security compliance
- Airport and Intercity Transfers: Reliable connections for business travel and airport logistics
- Fleet Management: Management of owned and contracted vehicles, including fleet tracking and data-driven reporting
- MICE (Meetings, Incentives, Conferences, Exhibitions): Complete mobility support for corporate events and conferences
- Project & Community Mobility: Tailored commute solutions for large-scale corporate and social programs
- Electric Vehicle (EV) Mobility: Rapidly growing operations in green and sustainable transport
- Consulting: Strategic advisory for enterprise-level transportation planning and mobility transformation
3. Recent Business Developments
- Expanded presence to 130+ cities with an upgraded technology backbone and digital platform
- Invested in EV operations with a strong focus on sustainability and urban mobility
- Secured new multi-location contracts with global enterprises for pan-India transport integration
Business Highlights:
- April 2023: Commenced premium cab operations at Guwahati’s LGBI Airport, enhancing airport ground transport through app-based booking.
- April 2023: Partnered with MG Motor India, adding 100 new vehicles (MG Hector & MG ZS EV) to the Delhi fleet.
- April 2024: Announced plans to add 1,000 EVs, targeting green mobility in tier II cities (Chandigarh, Jaipur, Coimbatore, Indore), with international expansion planned in Saudi Arabia and the Far East.
- February 2025: Launched a 400-car self-drive fleet in Dubai, aiming for 1,000+ vehicles by March 2026, and expansion into Abu Dhabi and Ras Al Khaimah.
- July 2025: As India’s largest Uber Black operator, WTiCabs plans to double its premium fleet to 2,000+ vehicles by FY26, with expansions in Kolkata, Chennai, and Hyderabad.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹555 crore |
| Net Profit | ₹23.4 crore |
| Earnings Per Share | ₹9.81 |
| Operating Margin | 10% |
| Net Profit Margin | 4.2% |