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The Invygo was founded in 2018 by Eslam Ahmed Hussein and Pulkit Ganjoo, and launched its application in 2019 in the UAE. In 2018, known as in5 incubated and raised their first seed funding of around $275K later that year. After that, they partnered with Misk500 and secured $1M in funding in 2019, gradually growing their business.
Launched in 2019 in the UAE, Invygo quickly expanded by partnering with prominent dealers and rental agencies across the UAE and Saudi Arabia. It built a diverse vehicle portfolio by teaming up with Al Tayer Motors and Diamond Lease/Al Habtoor, offering everything from economy cars to luxury models like Maserati, Land Rover, and Lincoln.
Raised $1.9 million in pre-Series A funding in 2021, boosting its total to around $4.2 million. In 2022, secured a $10 million Series A round led by MEVP, with backing from Al Rajhi Partners, Arab Bank, Amana Capital, Palm Drive Capital, Signal Peak Ventures, and more, bringing the total raised to around $14–14.6 million. By offering a transparent, all-inclusive, flexible car subscription model, Invygo disrupted traditional ownership norms in the MENA region.
Market Analysis of Invygo App
Get a robust car-subscription solution with a high-class development company!
Invygo is a famous car-subscription and rental application across the Middle East. Before installing the app, you must know how the app actually works. So, let’s take a look at the following working steps:
Download the Invygo app, create an account, and upload your driver’s license and ID. The app quickly verifies your identity and eligibility to rent or subscribe to a car, ensuring a smooth and secure onboarding process.
Explore a wide range of vehicles from trusted dealerships. Filter by brand, model, budget, or subscription length to find the car that best suits your needs, whether for a short-term rental or a long-term subscription.
Select either a monthly subscription or a weekly rental plan. Monthly subscriptions include insurance, maintenance, and roadside assistance, while rentals offer flexible short-term use, ideal for temporary needs or trying different vehicles before committing.
Submit necessary documents like your Emirates ID (UAE) or National ID (KSA), driver’s license, and payment method. The app ensures everything’s in order before finalizing your car subscription or rental request.
Choose to have the car delivered to your doorstep or pick it up from the partner location. Invygo ensures timely delivery and a seamless handover process with a quick vehicle inspection and overview.
Use the app to track your subscription, schedule service, request support, or even swap cars. It keeps everything digital and accessible, including payments, renewals, and customer service, all handled in-app for your convenience.
There are various types of screenshots we offer, which enable users to understand the UI of the app. This helps users to view all the navigation and what their visual appearance looks like. So, explore the screenshots of the Invygo app:
Do you want to build an app like Invygo? Then you must know about what types of features must be integrated. We provide various types of feature panels, such as user, vendor, and admin panels. So, let’s explore the features:
Are You Looking For the Exact Cost to Create An App Like Invygo?
In this digital era, a lot of existing alternatives to Invygo have gained huge popularity and higher success rates. Businesses need to consider these Invygo alternatives to understand their working process and functionalities. Explore similar apps like Invygo:
To build car subscription app, it includes various steps that explain each process in detail. From the initial development stage to the final post-maintenance services, businesses can easily process every phase. So, here we offer the car subscription MVP development process:
Let’s begin the first stage of Invygo clone app development services, identify the normal and advanced requirements of the project that have to be integrated. After conducting research in this market, what are the new trends, and which similar applications have achieved higher success rates? Make a plan for competitors on how your application can compete with them. Identify the primary and secondary users of the app and target your global audience.
Moving to the second step of outsource car subscription app development, hire dedicated developers to identify the required features that must be integrated. It includes various features such as user registration, real-time booking status, smart inventory sync, AI car recommendations, loyalty reward system, and many more. You can also observe the existing apps' features and find out some useful features for your project. Make an organized list of features and functions to reduce data redundancy and confusion.
In the third step of white-label car subscription platform development, assemble talented designers who design a user-friendly interface. It enables users to easily and quickly interact with all features and functions. There are many design tools that are used in designing, such as Sketch, Figma, Adobe XD, InVision, Marvel, Proto.io, and more. It includes many design elements such as layouts, navigation bars, templates, themes, fonts, styles, built-in plugins, and more.
Let’s move ahead to the fourth stage of custom car subscription app solution development, hire car subscription app developers from an Android app development company to begin the real coding. It includes various types of third-party integration phases, such as payment gateways, CRM, analytics, social media logins, maps & navigation, ERP, IoT tools, and OTA integration. Developers make sure that all implementation phases are successfully integrated and create custom features as per the business's requirements and preferences.
Connect to the fifth stage to make an app like Invygo, hire an experienced Invygo-style app development company to test the app’s features under various conditions. There are different testing methods, such as black-box testing, unit testing, integration testing, functional testing, security testing, and many more. Fix the bugs and errors that are found during testing. Integrate the strong security measures to protect against unauthorized accessibility, which includes two-factor authentication, encryption techniques, and biometrics.
In the last stage, to build an app like Invygo. Consult with a professional car rental app development company to publish the application on selected platforms such as Android and iOS. Launch the marketing campaigns to promote the app to the global audience. Ensure that all integration phases are successfully deployed to the live environment. Conduct maintenance services to ensure the app's optimal performance, including bug fixes, performance optimizations, regular updates, new feature additions, OS version upgrades, and more.
Developing an app like Invygo involves multiple factors influencing cost. Key components include platform choice (iOS, Android, or both), feature complexity (user, vendor, and admin panels), and technology stack. The cost to develop an app like Invygo with core functionalities, car subscription management, payments, GPS tracking, and identity verification typically ranges from $8,000 to $25,000.
The car subscription app development cost with advanced features like AI recommendations, AR previews, telematics integration, and blockchain development services can push costs to $25,000 or more. The budget for a car subscription platform also depends on team structure, whether using freelancers, in-house developers, or agencies, and project duration (usually 4-8 months).
The cost to maintain an app is around 15% to 20% of the overall price to build an Invygo-style app. It mainly depends on the various factors such as fixing bugs, updating features, regular updates, and upgrading OS versions. You can consult with an AI development company to get the actual cost of development.
The Invygo is a car-rental and subscription mobile app that enables users to book their own car on a monthly and weekly basis. It offers a wide variety of car options, such as normal and luxury cars, at a cost-effective budget. It provides a hassle-free book experience, free insurance, maintenance, and 24/7 availability.
The cost to build an app like Invygo ranges from $8,000 to $25,000, depending on specific requirements and demands. It includes various factors such as features, functions, complexity, infrastructure, deployment platforms, development team, tech stacks, maintenance, and more.
To develop an app like Invygo, it usually takes around 4 to 10 weeks. The development time is mainly based on specific reasons, such as project complexity, a higher number of features, the developer’s working hours, size, and many more.
The cost to hire mobile app developers lies between $15 and $25 per hour. The developers' hiring cost is basically based on various factors such as experience level, rich skill set, project complexity, developers' living location, and many more.
The cost to maintain an app is around 15% to 20% of the overall mobile app development cost. It includes various types of maintenance services such as fixing errors, updating the outdated features, regular updates, performance optimization, and more.
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