MENU
SEARCHThe Indian car rental company plans on expanding into new markets with its newly-acquired funds.
Photo credit: Ali Naqi
Revv, a startup car rental company from India, recently raised $9 million in equity and debt financing.
According to The Economic Times, the company plans to use the funding to expand its services into new markets, create new products, and monitor driver behavior, among other improvements.
“The number of people giving up traditional asset ownership is set to grow exponentially. The rise of taxi-hailing apps has been an important market-creator, weaning people away from traditional car ownership. The key would be to address the highly varied needs of a shared-mobility user, through a suite of products tailored for each need,” said Anupam Agarwal, co-founder of Revv.
Founded in 2015, Revv currently operates in four cities across India – Delhi NCR, Bengaluru, Hyderabad and Chandigarh.
To read the complete article, visit The Economic Times.
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.
Read More →
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Read More →
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.
Read More →
The integrated business model combines each operator’s local expertise with international standards to boost sales.
Read More →
The study looks at customer analytics to size up performance in car rentals, rideshare, airlines, lodging, and OTAs.
Read More →
Revcuity, an outgrowth of Frontline Performance Group, aims to help clients capture more revenue moments with face-to-face customers, including in the car rental space.
Read More →
Martin Romjue has been editing and reporting for ARN since 2023 and fully transitioned to the role of chairman of the International Car Rental Show in 2026.
Read More →
