Car rental platform Miniyol received ₺10.2 million investment in the crowdfunding round

Online car rental platform met with investors on the fonbulucu platform. In the investment tour that started on the crowdfunding platform, fonbulucu, 12% of the company shares were brought together with the investors. The campaign, which started on December 12, was completed in a short time like 29 hours, reaching 100%., which was established in 2020 by the founders and managers of in the Erciyes University Technology Development Zone, with the support of KOSGEB R&D and Innovation, went on a crowdfunding tour on the fonbulucu platform. We previously shared with you that the startup is on its crowdfunding tour.

The campaign, which started on the fonbulucu on December 12 with the aim of reaching ₺8 million 500 thousand in funds, was completed in a short time like 29 hours with ₺10.2 million. Offering 12% of the company’s shares to investors, the venture has reached a turnover of ₺11 million in the first 17 months, and targets an annual turnover of ₺548 million in its 5th year.

We Are Continuing Our Story With New Partners

Speaking about the investment tour, Co-Founder Yasar Celik said, “We decided to recruit new investors in order to realize our future goals. We were also surprised that the campaign was completed in such a short time. At the same time, this situation gave us great pride. Our growth momentum will gradually increase with the new investments that are common to our story. With the successful completion of the fund, we will offer new products that will make the lives of users easier.

We plan to reduce costs and prices with mobility solutions. We will put into practice Miniyol Express, which will provide use-and-drop car rental service, and Miniyol Self, which will provide person-to-person car rental service. We have achieved great success as a company in a short time. Our way is even longer, we aim for a model that we will win together. We provide service in more than 600 locations with more than 80 thousand vehicle alternatives. Our aim is to achieve success in the growing Turkish entrepreneurship ecosystem, as in our previous venture.”

Source: Egirisim / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button