From being a pioneer among Indian companies to allow the use of cryptocurrency in operations to addressing bottlenecks that challenged the scalability of its platform in less just two years of operations, Drivezy is nothing short of exemplary.
Formerly called JustRide in 2015, the car-sharing aggregator transformed into a peer-to-peer marketplace for self-drive cars and two-wheeler rentals last year and is now venturing into cycle rental services.
What’s fuelling their growth? In its latest feat, the company has raised $10 million, part equity from Das Capital, and existing investors Axan Partners and IT-Farm. Part debt funding has been made by Mahindra Finance, ICICI Bank, Shriram Finance and Cholamandalam Finance.
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