Have you ever felt the need and the urgency to quickly book a last-minute rental car or scooter to get to your destination as soon as possible? I’m sure we have all been in situations where we desperately required a rental drive or ride to a destination after our primary transport broke down.
It can surely be quite a frustrating situation to be in and to face. In response to situations and challenges faced by people, many businesses and startup entrepreneurs around the world have come up with business models for renting vehicles to people upon registration, booking, and payment.
This business model has left a huge impact on the environment and helps people get to their destinations easily, comfortably, and quickly. Businesses offer various features from their business models that attract customers to their brand.
Be it their affordable prices, flexible booking timings, cost and time-effective, flexible payments, convenient services, comfortability, trust, and insurance – everything is taken care of by the company and the rental vehicle driver, whose only goal is to safely transport you to your destination.
Therefore in this article, we will be uncovering the entrepreneurial journey of one such company called – Urent founded by a young trailblazing CEO – Omar Al aSHI, whose business is revolutionizing the United Arab Emirates in being the World’s 1st P2P Rental and Listing Marketplace in the Automotive Industry.
Omar Al Ashi – CEO and Founder at Urent:
Omar Al Ashi who is the Chief Executive Officer and Founder of the now globally recognized company in the UAE, founded Urent at the young age of 22.
“Founded my first business at age 22 using nothing but passion and discipline.”
Being an aspiring young man who had the determination and the passion to drive on to reach beyond limits, Omar Al Ashi had the desire to come into the world and make a change. Showcasing Omar Al Ashi’s journey acts as an inspiration to all other young minds.
Having studied Applied Sciences in high school, Omar Al Ashi obtained a Bachelor’s Degree in Industrial Engineering, which gave him the push he needed for his next life-impactful chapter.
After founding the company Urent in 2018, Omar was awarded twice – The Future Stars of Tomorrow in 2019 and Entrepreneur of the Week by Arabian Business in 2020.
Having the dream to lead an entrepreneurial life since a young boy, Omar wanted to succeed in all his achievements and goals. Booming with creativity and innovativeness, the founder of Urent sought to provide a solution to people’s concerns and challenges in renting vehicles.
“If you want things to change in your life, you need to change things in your life.” – inspiring and motivational words by the CEO and Founder of Urent – Omar Al Ashi.
The UAE is a nation that’s recognized for its branded cars in the automotive industry, Omar Al Ashi wanted to use this as an advantage in creating a business model that helps people and other renting companies to use its platform in their listing, sharing, and renting services as a P2P Marketplace (Peer-to-Peer) in all Mobility.
URENT:
Urent is a platform created and founded by the young pioneering entrepreneur – Omar Al Ashi in the year 2018 but was launched into business in the year 2021. Urent is established in Dubai, in the United Arab Emirates.
Omar built Urent with the main goal of – “redefining mobility in the tech space while enabling a platform that will help traditional vehicle rental companies shift their entire business online.”
The services that Urent offers provide people with the ability to book rentals from ‘The World’s Largest Multi-Vehicle Rental Marketplace’. Be it Cars, Electric Cars, Motorcycles, Scooters, Bikes, ATVs, Limousines, Yachts, Chauffeurs, and Helicopters for transport, use of the rental vehicle by the customer, and for water as well as desert activities.
Mission Statement – “Committed to facilitating commercial vehicle reservations in the Middle East and North Africa (MENA) areas.”
Urent – founded by Omar Al Ashi has built the company and leads it to be – “an innovative solution where users can use their smartphones to rent or list vehicles hassle-free……….we assist traditional rental companies, and private hosts move their business online through Urent.”
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With weekly and monthly rental discounts applied automatically upon booking by the renter, Urent additionally serves as a platform that bridges the trust between the host and the renter.
To understand its customers and their vehicle needs, Urent helps people choose the right vehicle for the occasion while providing Peer-to-Peer communication and interactions between the host and the renter. Finding a ride that fits the purpose and likes of the renter, options such as Economy and Luxury types of rentals are made available on the platform, which regularly brings forward updates with their latest arrivals.
Urent also offers its buyers, renters, and partner rental services with – affordable and fixed pricing rates, flexibility, 24/7 roadside assistance, insured vehicles, easy and seamless payment processes, and no security deposits required.
Urent is operational globally in more than 140+ countries, offering renal services for over 80,000+ cars which has made 13,000 trips so far. Providing more than 250+ yachts and watercraft, Urent works with over 150+ hosts and more than 90000+ registered users of its mobile application with 12000+ active users using Urent’s services. Partnered with other companies like – Europcar, Huawei, and many others, Urent continues to tirelessly work and provide its endless services in helping users book vehicles, and coordinate pickups on the go!