Drivezy, India’s vehicle sharing startup, is raising $100M+ at a $400M valuation, eyes US expansion

Drivezy — the startup out of India that wants to turn private car usage on its head through a car-sharing network where people lend their cars and two-wheeled vehicles but also have options to use vehicles from a fleet managed by Drivezy — said it is raising more money as it gears up for the […]

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India’s Drivezy raises $20M for its on-demand vehicle rental service

It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with participation from automotive giant Yamaha, Axan Partners and IT-Farm. The deal takes Drivezy, which was formerly known as JustRide, to $31 million raised to date. In addition, […]

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Hyundai leads $14.3M investment in Indian car rental startup Revv

Korean automaker Hyundai is jumping into India’s on-demand mobility space after it led a $14.3 million investment in car-rental startup Revv. Hyundai, which is the second largest seller of cars in India, initially announced an undisclosed investment in Revv this week, but now the startup has confirmed that the capital is part of a larger 100 […]

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Zipcar plans all-electric fleet of over 300 Volkswagens in London

Zipcar is rolling out a fleet of 300 Volkswagen e-Golfs in London this year — in what the company is touting as the largest rollout of electric cars in a single English city. Details from the company are still sketchy, but Zipcar said that the first electric vehicles will be available over the summer, with […]

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