ECOS INDIA MOBILITY AND HOSPITALITY LIMITED

ECOS (India) Mobility and Hospitality, established in 1996, is one of the largest and most profitable chauffeur-driven mobility providers to corporates in India in terms of revenue from operations and profit after tax for Fiscal 2023 (Source: F&S Report). They are primarily engaged in the business of providing chauffeured car rentals (“CCR”) and employee transportation services (“ETS”) and have been providing these services to corporate customers, including Fortune 500 companies in India, for more than 25 years. As of September 30, 2023, we have a pan-India presence in 109 cities through our own vehicles and vendors, spread across 21 states and four union territories in India, which underscores our deep-rooted and extensive footprint and demonstrates our penetration into diverse regions across India. They also provide self-drive cars in the cities of Delhi, Gurugram, Mumbai, and Bengaluru. They have also provided self-drive cars outside India through vendors.