LetzRyd

LetzRyd operates a technology-enabled, asset-backed fleet leasing and management platform that supplies vehicles and drivers to ride-hailing companies and supports driver entrepreneurship through leasing and ownership pathways. The company manages a standardized fleet across urban Indian markets, handling vehicle procurement, maintenance coordination, driver onboarding, route and utilization optimization, and operational support to improve driver earnings and reduce attrition. LetzRyd operates in Hyderabad, Bengaluru and Mumbai and reports a fleet of over 1,000 cars, more than 1,400 drivers, and 500,000 completed trips.