# eHi Auto Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ehi-auto-services

- Industry: Transportation Services
- Headquarters: Shanghai, China
- Website: www.1hai.cn
- Total disclosed funding: $95M
- Latest round: Series C (Aug 27, 2010)
- Investors on record: 6

## About

Founded in 2006 and based in Shanghai, China, eHi Auto Services Limited operates as a car service provider for companies operating in China. In 2014 the company was listed on the NASDAQ. In July 2019, MBK Partners, Baring Private Equity Asia, Redstone Capital, Ctrip.com International, Ltd., and The Crawford Group, Inc acquired it or USD 937.5 million.

eHi Auto Services Limited offers self-drive car rentals, chauffeured car services, and international car rental services. The company provides users with comprehensive car rental services such as long-term and short-term rentals. Users can enjoy car rental services through their mobile phones by downloading the APP. The company also supports door-to-door delivery, door-to-door pickup, remote return, online reservation, mobile terminal reservation, store reservation and other functions.

The company generates revenue by providing self-drive car rentals, chauffeured car services, and international car rental services.

## Funding rounds

- Series C, Aug 27, 2010, $70M — Ignition Partners, CDH Investments, Qiming Venture Partners, Goldman Sachs Asset Management, New Access Capital, JIF Capital
- Series B, Jul 30, 2009, $20M — CDH Investments, Qiming Venture Partners, JIF Capital
- Series A, Mar 30, 2008, $5M — Qiming Venture Partners

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series B, Series C
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series B, Series C
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series B, Series C
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- New Access Capital (https://capitalatlas.ai/funds/new-access-capital) — Series C