Revv Cars is an Indian self-drive mobility start up funded by

Hyundai Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Mobis, Korean car parts company ** Hyundai ...

and others. The company was founded by Anupam Agarwal and Karan Jain in July 2015 and started its operation in

Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...

- NCR. Through Revv, customers can rent a car up to a period of 4 years. Apart from renting for specific number of hours or days, the company also let customers rent for one-way journeys. The company operates with a standard hub model - where there is a hub of cars from where the vehicles are dropped to the customers. The company staff is able to come back to the hub with the help of a foldable electric scooter which is stored in the boot of the car. The company had stopped it's services during the initial lockdown for few months and resumed later. Apart from acquiring vehicles directly, the company also works on a crowdsourcing model in which individual would buy a car on a 10% down payment and register it with Revv. Revv pays a fee to the individual that is equal to the monthly installment to pay the loan which is usually for 4 years.

Partnerships

Revv has partnered with Mahindra and

to offer their car on subscriptions models that allow the vehicle to be kept for longer duration. In this partnership, Mahindra sold the cars to Revv and not to its usual dealers. Further, Revv offered the cars to its customers on a subscription and covered the maintenance costs.

Philanthropy

Revv offered free cars to healthcare workers during the

COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif ...

in Delhi, Bengaluru, Mumbai, Chennai and Pune.

Criticism

Consumer review portals like Mouthshut and Trustpilot reported reviews of customers calling it risky.Complaints regarding fradulent changes to customers have continued to rise.

References

External links

* {{authority control Car rental companies of India Carsharing Companies based in Gurgaon Indian companies established in 2015