Revv operates an on-demand car rental service in India with doorstep delivery/collection and a subscription product called Switch. The company was founded in 2015 and is active in 11 cities with a fleet of around 1,000 vehicles and roughly 300,000 users served to date. Management says Revv generates about $10M ARR and plans to grow revenue to $100M within 18 months. The startup plans to expand to 30 cities and scale its fleet to 10,000–12,000 vehicles while introducing more modular and flexible mobility products. Revv intends to leverage investor relationships for vehicle maintenance, performance upkeep and technology support as it builds new services and increases marketing spend.

Total raised

$14M

Funding rounds

1

Latest round

Series B

Latest activity

Aug 2018