New Delhi [India], Oct 12 (ANI-BusinessWireIndia): Car-sharing belvedere Revv has appear amplification of its casework to four new cities, abacus to its accepted brand of eleven cities.
The amplification includes three Tier II cities including Ahmedabad, Kochi and Mangalore. The fourth burghal is Kolkata, the alone busline area Revv was not operating till now.
Another bristles cities will be operational afore the end of this year, which will booty Revv’s bounded brand to 20 cities. This amplification will be accompanied with a agnate access in agile size, and new one-way intercity routes.
This development comes abutting on the heels of their contempo advance advertisement area they anchored INR 100 Cr in a Series B allotment annular led by Hyundai Motor, absolute investors Edelweiss and Beenext, and new investors Dream Incubator, Sunjay Kapur of Sona BLW, and Telama Investment. Revv’s plan is to access its bounded brand to 30 cities in the abutting 12 months.
“We are aflame about the anticipation of confined these cities. Each of them is different in its own right. While Kochi is a tourism hub, Ahmedabad generates able business biking to added cities such as Surat, Vadodara and Mumbai. Mangalore combines a able abject of adolescent immigrants with aerial abeyant for tourism. With Kolkata, we are now present in all metros and all corners of the country,” said co-founders of Revv.
“We accept apparent abundant abeyant in Tier-2 markets, apprenticed by the low assimilation of car ownership, and accretion affluence and internet penetration. Tier II markets are communicable up actual fast – some of them are already abutting the calibration area Tier-1 markets acclimated to be two to three years back. The accession of these cities will additionally acquiesce us to alpha alms our one-way intercity artefact on several new routes,” added the co-founders.
This amplification will access Revv’s adequacy to serve their more adaptable user abject in every burghal of relevance. The amount elements of the operating archetypal from absolute cities accept been agitated over to these new ones as well, for example, the doorstep charge hypothesis and the use of ADAS (Advanced Driver Assistance System) technology to decidedly advance the users’ safety.
It aims to re-imagine the advancement solutions for users’ needs alignment from “few hours to a few years”, to baby to the all-inclusive majority of Indians who do not own a car yet. Its articles accommodate alternate self-drive car sharing, one-way outstation car administration and Switch – India’s aboriginal account car cable program, area associates have a good timeall the allowances of car buying after the hassle, budget and commitment. (ANI-BusinessWireIndia).