Dubai, United Arab Emirates: Beno Technologies, a youth-led technology company based in the UAE, announced today the launch of its newest initiative, Beno, an innovative platform set to revolutionize the vehicle renting sector.
As the transportation market undergoes one of the most radical changes shaped by new technologies and on-demand mobility services, many sectors are being disrupted. Beno recognizes this shift and the underlying emerging opportunities. By embracing the concept of a shared economy, Beno aims to empower SMEs across the UAE by unifying their fleets under one streamlined tech-based platform. The community-based vehicle rental marketplace will not only increase traditional sales channels for its partners, but also create a more efficient, data enabled, and technology driven ecosystem with consumers at its heart.
The visionary tech start-up aims to elevate the traditional way of doing business with high level services, innovation and profound customer care.
“Keeping both our partners and customers happy is the reason we do what we do. With that, success follows, said Ahmad Eshtieh, Co-founder, Beno Technologies.
“We are a community driven bunch looking to fill all gaps of our industry with state-of-the-art technology and constant innovation to enhance our customer’s experience”.
Since its inception in 2018, Beno Technologies, a youth-led tech company has taken the market by storm attracting the attention of numerous venture capitalists and investors with their vision, innovation and energy. The company has successfully raised a seed round and is valued at AED 10 million Dirhams.
According to a study by Euromonitor International, total online car rental sales in the UAE will reach AED 1.85 billion by 2022 and sales are expected to grow at a cumulative rate of 14.8% between 2020 and 2022, assuring the exponential growth in this particular market. Beno’s vision is to act as the bridge for local vehicle rental businesses amplifying their probabilities of being part of this statistic.
“Our launch confirms Beno’s continued dedication to spearheading technological innovation within the technology and overarching business community” said Mohammed Awad, Co-founder, Beno Technologies.
The new Beno app is available for download on Google Play and Apple Store.
For further information, please visit www.beno.com
© Press Release 2020Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.