-- Hype Luxury Announces Plans to Raise $25–$50M Series A to Redefine AI driven Ultra-Luxury Mobility
Hype Luxury, the Dubai-headquartered ultra-luxury mobility platform, today revealed plans to further accelerate its global expansion across the U.S., EU, Middle East, and India.
With access to an aggregated $650 billion in global luxury assets including 21,000 private jets, 2,600 yachts, and 34,000 luxury cars Hype Luxury has consistently outpaced the luxury mobility sector’s growth. The global luxury mobility market, currently valued at over $100 billion and growing at 9–12% annually, is being reshaped by a new generation of Gen Z and millennial ultra-high-net-worth individuals (UHNWIs).
Founded by Raaghav Belavadi, a former Accenture top executive, Hype Luxury differentiates itself from traditional providers with a single-contact model for private jets, yachts, and luxury cars, a travel credits earn-and-burn system, and transparent pricing. The company reports:
- 13–16% year-on-year growth over the last five years.
- 90% of travel demand from the business community, with 28% female travelers.
- 62% customer retention ratio.
- 99.9% delivery success rate.
- 4.8/5 customer satisfaction rating worldwide.
Hype Luxury’s expansion strategy includes focusing on several key areas:
- Enhancing global branding and market penetration.
- Advancing AI-driven technologies to minimize operational latency and improve customer experience. (Hype has twice received funding from Google to advance its AI capabilities).
- Expanding regional presence and forming strategic alliances.
Hype Luxury’s current revenue split highlights its expanding footprint: 50% from UAE & India, 20% from Europe, and 30% from the UK, with U.S. operations recently launched.
Raaghav Belavadi, Founder and CEO of Hype Luxury, stated:
“Our goal is to build the next iconic luxury mobility brand, one that combines scale, technology, and an uncompromising customer experience. This expansion will allow us to grow faster, enhance our AI capabilities, and strengthen our position as the world’s go-to luxury mobility platform.”
Nirvik Singh, Chairman, said:
"At Hype Luxury, we see the future of luxury mobility as seamless, technology-driven, and deeply personalized. What excites me most is how we are reshaping access to elite travel whether it’s private jets, yachts, or luxury cars into a single, effortless experience. With global investors showing confidence, we are entering the next phase of scale, innovation, and sustainable growth."
With its unique blend of scale, technology, and luxury brand promise, Hype Luxury is positioning itself as the Rolls-Royce of global mobility, setting new benchmarks for how UHNWIs experience private travel.
As Hype Luxury continues to redefine the luxury mobility space, the company is focused on building a robust network by forming strategic partnerships with top-tier luxury brands, airlines, and exclusive service providers. These partnerships are integral to further enhancing the premium experiences that Hype Luxury offers, enabling the company to expand its reach and provide even more comprehensive, seamless, and personalized travel solutions to its discerning clientele. The company’s growth trajectory shows strong potential, particularly with its continued investment in advanced AI technologies. These technologies are designed to streamline operations, reduce latency, and optimize the customer experience, allowing Hype Luxury to lead the way in setting new benchmarks for luxury mobility.
Hype Luxury plans to solidify its presence in key global markets, with a focus on further expanding its operations in the U.S. and Europe. As demand for ultra-luxury mobility solutions rises among younger generations, Hype Luxury remains committed to offering unparalleled access to elite travel, fostering a new era of seamless, personalized travel experiences for its customers.
About Hype Luxury:
Hype Luxury is a leading ultra-luxury mobility platform headquartered in Dubai, specializing in providing seamless access to private jets, yachts, and luxury cars for ultra-high-net-worth individuals worldwide. The company is known for its innovative use of AI-driven technologies and its transparent, customer-first approach to luxury travel.
Media Contact:
Amelie Watelet
Media & Communication, Hype Luxury
Email: [email protected]
Website: Hype Luxury
Instagram: Hype Luxury
LinkedIn: Hype Luxury
Facebook: Hype Luxury
Youtube: Hype Luxury
Contact Info:
Name: Amelie Watelet
Email: Send Email
Organization: Hype Luxury
Website: https://hype.luxury/
Release ID: 89170451
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