On June 24, 2024, DOON, a key venture in AHG Lab's portfolio, formalized their collaboration with the Department of Science and Technology (DOST)-Technology Application and Promotion Institute (DOST-TAPI) through a Memorandum of Agreement (MOA) signing.
This event highlighted DOON's recent achievement of being awarded a grant from the Technology Innovation for Commercialization (TECHNICOM) Program, which recognizes their innovative contributions to the transport sector.
Revolutionizing Car Rentals with Peer-to-Peer Sharing
DOON, co-founded by Enrique Hormillo (CEO) and Miguel Locsin (COO), pioneers a peer-to-peer self-drive car-sharing marketplace that transforms traditional car rental services. This innovative platform makes car rentals more accessible and user-friendly by directly connecting car owners with those in need of a vehicle. Through DOON, car owners can monetize vehicles that would otherwise remain idle, while renters gain access to a convenient and flexible transportation alternative.
Empowering Car Owners and Renters
DOON provides an excellent opportunity for car owners to generate passive income by listing their vehicles, which might otherwise remain unused. This setup not only maximizes the utility of personal vehicles but also provides renters with an affordable and reliable option for car rentals, devoid of the usual complexities associated with traditional rental services.
Empowerment Through Innovation
The support from TECHNICOM underscores DOON’s role as an innovator in the transportation sector, poised to address the growing needs of modern commuters and urban dwellers. With its user-centric model, DOON not only enhances the efficiency of car utilization but also contributes to reducing traffic congestion and environmental impact.
Join DOON’s Journey
If you have a car that you'd like to turn into a source of income, or if you're in need of a vehicle for personal or business use, DOON offers an efficient solution. Explore your options by downloading the app, where you can sign up either as a host to list your vehicle or as a user to rent a car.
DOON was featured in the Top 100 Startups Showcase by QBO during Philippine Startup Week 2023, and earlier this year, it was also recognized as a finalist in the Glenfiddich Where Next Club. We congratulate the entire team at DOON for this latest recognition and are excited to support them as they continue to innovate and drive forward the future of transportation in the Philippines.
Stay connected with AHG Lab for more updates as we continue to empower and advance innovative ventures like DOON in transforming industries and enhancing community lifestyles.
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