Revv Funding

Auto-tech solution provider CarDekho Group on Friday announced the merger of shared mobility platform Revv with itself. This strategic partnership reaffirms the group's commitment to seamlessly integrating technology within the ecosystem, catering to the diverse mobility needs of the consumers, the company said in a statement. With this merger, CarDekho will be a majority shareholder in Revv, which has a diverse fleet of vehicles and a wide network, spanning across India, it said. Launched in August 2015, the Gurugram-based Revv B2C platform offers shared services. Founded by McKinsey alumni Karan Jain and Anupam Agarwal, it offers convenient and flexible mobility solutions, the statement said. "Through strategic integration of technology, we are not just evolving our services but also ensuring more seamless operations. The merger with Revv allows us to offer shared mobility services, addressing the evolving needs of Gen-Z customers," said Amit Jain, co-founder and CEO of CarDekho

Mentza is a one of its kind audio-based conversational learning platform that wants to engage users through high quality focused 20-minute conversations across diverse topics

Hyundai is the only automotive company among Revv's investors and the investment gives the automaker its first foothold in the Indian car-sharing market