SunRent

SunRent

SunRent

The largest scooter rental service in Kyrgyzstan

The largest scooter rental service in Kyrgyzstan

The largest scooter rental service in Kyrgyzstan

About the project

About the project

About the project

Our business is alternative transportation services. We offer a quality and useful product while earning through effective service management. In Kyrgyzstan, we became the first sharing service with a fully adapted billing system.

Our business is alternative transportation services. We offer a quality and useful product while earning through effective service management. In Kyrgyzstan, we became the first sharing service with a fully adapted billing system.

Our business is alternative transportation services. We offer a quality and useful product while earning through effective service management. In Kyrgyzstan, we became the first sharing service with a fully adapted billing system.

64.5%

64.5%

64.5%

the share of the total revenue of the ridesharing service in Kyrgyzstan

25%

share in the overall fleet of scooters

28%

share in the overall volume of trips

250+ thousand

250+ thousand

250+ thousand

users in 2024.

Factors of investment attractiveness

Factors of investment attractiveness

Factors of investment attractiveness

41 million som

41 million som

41 million som

revenue for 2023

44%

EBITDA profitability

Yield from the sale of shares

According to experts' forecasts, stocks will increase by 2.3 times by the end of 2025.

*based on the IPO Woosh multipliers: EV/EBITDA, EV/scooter, EV/user (active)

The development of the scooter rental market

The development of the scooter rental market

The development of the scooter rental market

Business

Growth of the kick-sharing market

Growth of the kick-sharing market

2022

2022

2023

2023

2028

2028

Scooters per km² in Bishkek

Scooters per km² in Bishkek

0.25

0.25

15

15

47+

47+

Scooters per 1,000 people

Scooters per 1,000 people

0.5

0.5

2

2

6+

6+

Trips (SunRent)

Trips (SunRent)

120 thousand

120 thousand

1,100 thousand.

1,100 thousand.

6,000 thousand

6,000 thousand

Trips (Market)

Trips (Market)

200 thousand

200 thousand

1,980 thousand

1,980 thousand

12,000 thousand.

12,000 thousand.

Scooters (SunRent)

Scooters (SunRent)

330

330

911

911

8,000

8,000

Scooters (Market)

Scooters (Market)

600

600

2,000

2,000

10,000

10,000

Regulation

Qualitative breakthrough in scooter regulation

Qualitative breakthrough in scooter regulation

Qualitative breakthrough in scooter regulation

In 2024, a law was adopted "On Amendments to Certain Legislative Acts of the Kyrgyz Republic (to the Law of the Kyrgyz Republic "On Road Traffic in the Kyrgyz Republic", Code of the Kyrgyz Republic on Offenses)", within the framework of which the concept of "individual mobility device" was introduced.

In 2024, a law was adopted "On Amendments to Certain Legislative Acts of the Kyrgyz Republic (to the Law of the Kyrgyz Republic "On Road Traffic in the Kyrgyz Republic", Code of the Kyrgyz Republic on Offenses)", within the framework of which the concept of "individual mobility device" was introduced.

Event

Attracting financing

for scaling the business

Attracting financing
for scaling the business

Attracting financing

for scaling the business

October, December 2023 — attracting private investors and direct investment funds.


December 2024 — the start of attracting institutional investors.

October, December 2023 — attracting private investors and the direct investment fund.

December 2024 — the start of attracting institutional investors.

October, December 2023 — attracting private investors and direct investment funds.


December 2024 — the start of attracting institutional investors.

Address of the Executive Director

Address of the Executive Director

Address of the Executive Director

In 2022, we launched a project with 50 scooters — it was a real challenge.

We became the first to solve all the technical issues and implement the concept of kick-sharing in Kyrgyzstan in a modern technological format: mobile application, online payment, and acquiring.

In 2022 most trips were recreational, in 2023 our service has become a full-fledged mode of transport.

Since the launch, we have increased our fleet by 20 times and continue to grow it. Along with the growth of the fleet, our financial indicators are also increasing. The Kyrgyzstan market has enormous potential. This year we are moving to a qualitatively new stage of development and have prepared for a new phase of company growth.

Bakhtiyar Kojoekeev

Executive Director

The launch of electric scooter sharing in Kyrgyzstan

In 2022, we successfully launched electric scooter sharing in Kyrgyzstan, offering a convenient and eco-friendly means of transportation.

Optimization of transport load

We explored the streets of the city, assessed the quality of the road surface, and identified areas with maximum traffic load. In these zones, alternative modes of transportation were proposed to improve mobility.

Facilitating movement for city residents

We provide convenient and efficient means of transportation in areas with high traffic loads, making trips more comfortable and accessible.

Public transport unloading

We provide a high level of service availability — since the launch, more than a million trips have been made. Alternative modes of transport help reduce the burden on public transport and make the city more mobile.

Rates for work and study

In 2022 and 2023, a favorable rate was offered until 10:00 AM — 1 som per minute. This made our scooters an accessible alternative to taxis and public transport.

Driving safety

We have created slow zones on boulevards, squares, and in parks to reduce risks. We have also launched a training program at the Driving School, helping users to safely operate electric scooters.

Cooperation with government authorities

  • We are actively working with the State Traffic Safety Management Organization (GOUBDD) and the city administration to enhance safety and comfort for citizens

  • Joined the working group on the development of the regulation on SIM (individual mobility vehicles) at the Bishkek city hall and GOUBDD

  • Presented at the GOUBDD scientific and practical conference with a report titled 'Market analysis of kicksharing in Kyrgyzstan: problems and development prospects'

Our contribution to the development of the industry

The launch of electric scooter sharing in Kyrgyzstan

In 2022, we successfully launched electric scooter sharing in Kyrgyzstan, offering a convenient and eco-friendly means of transportation.

Optimization of transport load

We explored the streets of the city, assessed the quality of the road surface, and identified areas with maximum traffic load. In these zones, alternative modes of transportation were proposed to improve mobility.

Facilitating movement for city residents

We provide convenient and efficient means of transportation in areas with high traffic loads, making trips more comfortable and accessible.

Public transport unloading

We provide a high level of service availability — since the launch, more than a million trips have been made. Alternative modes of transport help reduce the burden on public transport and make the city more mobile.

Rates for work and study

In 2022 and 2023, a favorable rate was offered until 10:00 AM — 1 som per minute. This made our scooters an accessible alternative to taxis and public transport.

Driving safety

We have created slow zones on boulevards, squares, and in parks to reduce risks. We have also launched a training program at the Driving School, helping users to safely operate electric scooters.

Cooperation with government authorities

  • We are actively working with the State Traffic Safety Management Organization (GOUBDD) and the city administration to enhance safety and comfort for citizens

  • Joined the working group on the development of the regulation on SIM (individual mobility vehicles) at the Bishkek city hall and GOUBDD

  • Presented at the GOUBDD scientific and practical conference with a report titled 'Market analysis of kicksharing in Kyrgyzstan: problems and development prospects'

Our contribution to the development of the industry

Company history

Company history

Company history

In the 2 years since our founding, we have gone through several stages of rapid growth.
At the same time, we actively improved operational tools, increased the efficiency of processes, and stabilized the industry, directing it towards a gentle and thoughtful regulation that will promote the development of micromobility.

In the 2 years since our founding, we have gone through several stages of rapid growth.
At the same time, we actively improved operational tools, increased the efficiency of processes, and stabilized the industry, directing it towards a gentle and thoughtful regulation that will promote the development of micromobility.

In the 2 years since our founding, we have gone through several stages of rapid growth.
At the same time, we actively improved operational tools, increased the efficiency of processes, and stabilized the industry, directing it towards a gentle and thoughtful regulation that will promote the development of micromobility.

2022

2022

2022

Validation of the business model

Validation of the business model

  • Launch of the zero preparation cycle

  • Organization of delivery and setup of the first scooters in Kyrgyzstan

  • Localization of the user application for iOS and Android, release of the application for field and service teams on Android

  • Development of a combined billing system, integration with payment gateways

  • Launch of the service in Bishkek

  • Growth of the scooter fleet from 50 to 330 units

2023

2023

2023

Scaling
the business model

Scaling
the business model

  • Launch of two new scooter models

  • Development and implementation of virtual parking in all districts of the city

  • Increase the scooter fleet by 3 times

  • Launch of an online driving school for learning the basics of safe electric scooter management

2024

2024

2024

Explosive growth

Explosive growth

  • Opened 2 new cities of presence: Osh and Jalal-Abad

  • Signed a partnership agreement with Yandex.Scooters

  • Opened a new service center of 1000 sq.m

2025

2025

2025

Strengthening leadership

Strengthening leadership

  • Scaling on new scooter models

  • Launch of the courier service

  • +3 cities of presence

  • +1 country of presence

Service Geography

Service Geography

Service Geography

SunRent operates in the rapidly growing market of urban micromobility, offering modern and convenient solutions for getting around the city.

SunRent operates in the rapidly growing market of urban micromobility, offering modern and convenient solutions for getting around the city.

2023 year

2023 year

2023 year

Launched the service in Bishkek, Kyrgyzstan

Launched the service in Bishkek, Kyrgyzstan

the year 2024

the year 2024

the year 2024

We have opened a presence in the city of Osh and the city of Jalal-Abad.

We have opened a presence in the city of Osh and the city of Jalal-Abad.

2024-2025 year

2024-2025 year

2024-2025 year

Our goal is to increase our presence in Central Asia: Kyrgyzstan, Uzbekistan, Tajikistan, Kazakhstan, Mongolia.

Our goal is to increase our presence in Central Asia: Kyrgyzstan, Uzbekistan, Tajikistan, Kazakhstan, Mongolia.

About the Fund for Investors

Central Asia Capital — a rapidly growing investment fund aimed at developing innovative projects in Kyrgyzstan and Central Asia.


We support companies that are ready to grow and achieve results by creating sustainable value for investors. Each project undergoes a rigorous evaluation based on the following criteria:

Systematicness and scalability

The company has a clear organizational structure and processes ready for rapid growth

Technological base

CRM and ERP systems are used for management and automation of processes

Management according to world standards

There is a strategic and financial plan based on modern management methodologies

Transparent financial reporting

Accounting is conducted according to IFRS standards, which gives us and investors a complete understanding of the financial picture

Deep knowledge of the market

The company analyzes its share in the market, understands the competition, and sees growth opportunities

Professional team

The management and key employees have the experience and qualifications to achieve strategic goals

About the Fund for Investors

Central Asia Capital — a rapidly growing investment fund aimed at developing innovative projects in Kyrgyzstan and Central Asia.


We support companies that are ready to grow and achieve results by creating sustainable value for investors. Each project undergoes a rigorous evaluation based on the following criteria:

Systematicness and scalability

The company has a clear organizational structure and processes ready for rapid growth

Technological base

CRM and ERP systems are used for management and automation of processes

Management according to world standards

There is a strategic and financial plan based on modern management methodologies

Transparent financial reporting

Accounting is conducted according to IFRS standards, which gives us and investors a complete understanding of the financial picture

Deep knowledge of the market

The company analyzes its share in the market, understands the competition, and sees growth opportunities

Professional team

The management and key employees have the experience and qualifications to achieve strategic goals

About the Fund for Investors

Central Asia Capital — a rapidly growing investment fund aimed at developing innovative projects in Kyrgyzstan and Central Asia.


We support companies that are ready to grow and achieve results by creating sustainable value for investors. Each project undergoes a rigorous evaluation based on the following criteria:

Systematicness and scalability

The company has a clear organizational structure and processes ready for rapid growth.

Technological base

CRM and ERP systems are used for management and automation of processes

Management according to world standards

There is a strategic and financial plan based on modern management methodologies

Transparent financial reporting

Accounting is conducted according to IFRS standards, which gives us and investors a complete understanding of the financial picture

Deep knowledge of the market

The company analyzes its share in the market, understands the competition, and sees growth opportunities

Professional team

The management and key employees have the experience and qualifications to achieve strategic goals

About the Fund for Investors

Central Asia Capital — a rapidly growing investment fund aimed at developing innovative projects in Kyrgyzstan and Central Asia.


We support companies that are ready to grow and achieve results by creating sustainable value for investors. Each project undergoes a rigorous evaluation based on the following criteria:

Systematicness and scalability

The company has a clear organizational structure and processes ready for rapid growth

Technological base

CRM and ERP systems are used for management and automation of processes

Management according to world standards

There is a strategic and financial plan based on modern management methodologies

Transparent financial reporting

Accounting is conducted according to IFRS standards, which gives us and investors a complete understanding of the financial picture

Deep knowledge of the market

The company analyzes its share in the market, understands the competition, and sees growth opportunities

Professional team

The management and key employees have the experience and qualifications to achieve strategic goals

Our contribution to the development of the industry

Launch of electric scooter sharing in Kyrgyzstan

In 2022, we successfully launched a bike-sharing project for electric scooters in Kyrgyzstan, providing access to a new and sustainable means of transportation.

Optimization of transport load

Systematic street surveys were conducted to assess the quality of road surfaces and identify optimal locations for parking spaces. These surveys were carried out to identify areas of the city with the highest traffic load and to provide alternative modes of transportation in these areas.

Facilitating mobility for city residents

We provide city residents access to convenient and efficient means of transportation in areas where the transportation load is particularly intense.

Public transport unloading

We ensure high service availability, as evidenced by the number of trips—over a million trips since the launch. The use of various means of transportation around the city helps relieve public transport.

Rates for work and study

In 2022 and 2023, we offered a favorable rate of 1 som per minute until 10:00 AM, encouraging the use of our electric scooters as a more affordable option than taxis and public transport.

Driving safety

Slow zones have been implemented on boulevards, squares, and in parks to reduce risks. A continuous training program has been launched in the Driving School, increasing the safety level of electric scooter drivers.

Cooperation with government agencies

  • We actively engage with the State Organization for Road Traffic Safety (GOSBDD) and the city administration, aiming to improve safety and comfort for all citizens.

  • We joined the working group for creating the regulation on SIM in the Mayor's Office of Bishkek, GOSBDD. 

  • We presented a report at the GOSBDD during a scientific-practical conference on the topic "Analysis of the bike-sharing market in Kyrgyzstan, issues and development prospects".

Leave your contacts, and we will answer all questions

Invest in the fund's companies and contribute to the development of technological entrepreneurship throughout Central Asia.

Leave your contacts, and we will answer all questions

Invest in the fund's companies and contribute to the development of technological entrepreneurship across Central Asia.

Leave your contacts, and we will answer all questions

Invest in the fund's companies and contribute to the development of technological entrepreneurship across Central Asia.