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Bike Rental Mavericks
Entrepreneur magazine
|Autumn 2019
Launched in 2015, Bengaluru-based Drivezy offers unique mobility solutions to urban Indians, who’d rather rent than own a bike/car. With a fleet of over 15,000 bikes and 4000 cars, the startup has ambitious franchise expansion plans.
A car accident made Ashwarya Singh realize that maintaining a car in Mumbai exceeds its utility quotient. Offering cars on rent was an idea that took shape between Ashwarya and his friends, Hemant Kumar Sah, Vasant Verma and Amit Sahu. They also roped in Abhishek Mahajan as co-founder. Soon JustRide reinvented itself as Drivezy, a peer-to-peer car and bike sharing platform in Bengaluru, Mumbai and Pune. Excerpt from an interaction with Ashwarya Singh.
How are you differentiating from the competition?
Our asset light business model allows us to scale faster than our competitors. In the past four years, we have partnered with close to 5,000 individual vehicle owners, asset management companies, commercial fleet operators and automobile dealerships to enlist vehicles on our platform.
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