Saturday, October 12

Shared Car Revv Raises $9 Million Funding From Edelweiss Private Equity, Others

World’s first self-drive car rental platform Revv has raised USD 9 million in equity and debt from Edelweiss Private Equity and others.

The series A equity funding led by Edelweiss Private Equity and debt funding from financing and leasing partners like Mahindra & Mahindra Financial Services and LeasePlan India, it said in a statement.

The fresh capital will be used towards expanding into new cities, launching new products, and building proprietary technology to enhance customer experience, it added.

The startup already counts the likes of Gautam Kumra (recently elected India MD of McKinsey & Company), Rajat Dhawan (Mentor to McKinsey’s automotive practice) and Ananth Narayanan (Myntra CEO) as its angel investors. sms финанс займзайм под залог птс барнаулонлайн займ 24