Drivezy Raising $100M As It Gears To Enter US | PYMNTS.com

Drivezy Raising $100M As It Gears To Enter US | PYMNTS.com

  • Drivezy, the car-sharing startup  based in India, is in the process of raising $100 million in equity funding and $400 million in asset financing as it seeks to expand.
  • According to a report in TechCrunch  citing the company, the $400 million in asset financing will go to build its inventory that is combined with the vehicles users provide.
  • The round is staying open for around a year, said Ankur Sengupta, head of business development at the company, who said the company will continue to raise money on an ongoing basis.
  • The Series B funding raising was in conjunction with raising $100 million in asset financing.


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