Company profile
Prorata
Co-own your dream car at just 8.33% only . As seen on Shark Tank India S3
- Industry
- Technology, Information and Internet
- Employees
- 22
- Headquarters
- Bengaluru, Karnataka
- Founded
- 2022
- LinkedIn followers
- 9,294
- Office locations
- 1
Prorata company summary
Prorata is a company in the Technology, Information and Internet industry, headquartered in Bengaluru, Karnataka, founded in 2022. On LinkedIn the company has around 22 employees and 9,294 followers.
What technology does Prorata use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About Prorata
Prorata is India’s first fractional car ownership platform. Now, you can co-own your dream car by paying as minimum as 8.33% of the total cost of the car for your leisure and lifestyle purpose. No! It’s a no loan, no EMI, no down payment & no rent policy. With 1 car, 12 tickets are sold and 1 ticket is 8.33% of the total cost of the car, and it gives you 30 days of usage per year for 5 years. After 5 years, the car is sold to the highest bidder and all the co-owners get the re-sale value back according to their percentage of ownership in the car. Based on your usage, you can buy up to 3 tickets for the car and it will give you more usage which is 60 days or 90 days. Accordingly, we form a group of 4-12 people in a locality (10-20km radius) interested in co-owning the same car. Afterward, all the co-owners use our app to reserve dates whenever they need the car and we provide doorstep pickup and drop service. P.S.- This model doesn’t serve your daily commute needs. It’s only for your occasional and experiential usage. Please download our app or visit our website to understand the entire model.
Where is Prorata located?
Prorata lists 1 location.
Compare companies similar to Prorata
More companies in Technology, Information and Internet.
| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
Prorata proratacar.com | Technology, Information and Internet | 22 | 2022 | Bengaluru, Karnataka |
 Flipkart Launchpad flipkart.com | Technology, Information and Internet | 95,089 | 2007 | Bangalore, Karnataka |
 SLB slb.com | Technology, Information and Internet | 81,202 | - | Houston, Texas |
 Mercado Livre Brasil mercadolivre.com | Technology, Information and Internet | 47,978 | 1999 | sao pablo, sao pablo |
 Swiggy swiggy.com | Technology, Information and Internet | 28,850 | - | Bengaluru, Karnataka |
 Myntra myntra.com | Technology, Information and Internet | 18,054 | 2007 | Bengaluru, Karnataka |
 YouTube youtube.com | Technology, Information and Internet | 123,199 | - | San Bruno, CA |
 InfoJobs infojobs.com.br | Technology, Information and Internet | 1,027 | 2004 | São Paulo, São paulo |
 Jobstreet Indonesia jobstreet.com | Technology, Information and Internet | 2,453 | 2006 | Jakarta Selatan, DKI Jakarta |
 Turing turing.com | Technology, Information and Internet | 7,034 | 2018 | San Francisco, California |
 Zomato zomato.com | Technology, Information and Internet | 26,139 | 2008 | Gurugram, Haryana, IN |
Frequently asked questions about Prorata
What does Prorata do?
Prorata is India’s first fractional car ownership platform. Now, you can co-own your dream car by paying as minimum as 8.33% of the total cost of the car for your leisure and lifestyle purpose. No! It’s a no loan, no EMI, no down payment & no rent policy. With 1 car, 12 tickets are sold and 1 ticket is 8.33% of the total cost of the car, and it gives you 30 days of usage per year for 5 years. After 5 years, the car is sold to the highest bidder and all the co-owners get the re-sale value back according to their percentage of ownership in the car. Based on your usage, you can buy up to 3 tickets for the car and it will give you more usage which is 60 days or 90 days. Accordingly, we form a group of 4-12 people in a locality (10-20km radius) interested in co-owning the same car. Afterward, all the co-owners use our app to reserve dates whenever they need the car and we provide doorstep pickup and drop service. P.S.- This model doesn’t serve your daily commute needs. It’s only for your occasional and experiential usage. Please download our app or visit our website to understand the entire model.
How many employees does Prorata have?
Prorata has around 22 employees on LinkedIn.
Where is Prorata headquartered?
Prorata is headquartered in Bengaluru, Karnataka.
When was Prorata founded?
Prorata was founded in 2022.
Build a lead list from companies like Prorata
Describe your ICP or import a CSV. Warmrank finds matching companies, enriches contacts with verified emails, and tracks every lead.