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ASSOCIATE PARTNERS



Associate Partner

Drivezy, formerly known as JustRide, started operations in April 2015. It is the largest peer-to-peer marketplace for car and bike rentals in India. and is backed by the internet search giant Google and Y. Combinator. As of today, the company has partnered with over fifteen hundred owners to enlist 4,000 vehicles which are rented by more than 35,000 people every month. Drivezy’s rental services are an efficient alternative to outright vehicle purchase for consumers. Headquartered in Bangalore, Karnataka, Drivezy currently operates in 6 other cities, including Mumbai, Pune, Mysore, Mangalore, Goa and Hyderabad. The company aims to expand to 21 cities by March 2019. Since January 2018, the company has doubled the number of vehicles listings and has registered a 76% growth in GMV.

The company was founded by:

  • Ashwarya Singh – Chief Executive Officer
  • Hemant Kumar Sah – Chief Technical Officer & Co - Founder
  • Vasant Verma – Chief Operating Officer & Co - Founder
  • Abhishek Mahajan - Co -Founder
  • Amit Sahu - Co - Founder
Drivezy has raised $14 million in equity funding from marquee VC firms and investors including Bain Capital, Das Capital, IT-Farm, Emami, Susa Ventures, Anupam Mittal (CEO, People Group), Phanindra Sama (Ex-CEO and Co-founder, Redbus), Paul Buchheit (Project Lead, Gmail) and many others. The company has also raised $8 million in debt funding from key financing partners including Mahindra Finance, ICICI Bank, HDFC Bank, Sri Ram Finance, Cholamandalam, Axis Bank, Union Bank and Tata Motor Finance.

Associate Partner

Ultraviolette Automotive Pvt. Ltd., is an innovator in sustainable mobility and energy infrastructure. Established in 2016, Ultraviolette Automotive was born out of the unique vision of creating top-of-the line mobility solutions, that’s driven by progressive design and energy efficient technology.

What we do: Ultraviolette Automotive is developing India’s first ecosystem of high performance electric two-wheelers and future-ready energy infrastructure to deliver an unmatched user experience. The first product, a top of the line motorcycle and the supporting infrastructure are currently undergoing field tests.

Associate Partner

Mytrah Group is focused on delivering sustainable energy in a world without subsidies. The group is privately owned and takes a long-term view of business, guided by strong corporate values and high ethical standards.

Mytrah has an international management team with worldwide financial and operations experience. This team leads an organisation of over 400 people, including some of the world's most experienced wind energy professionals in the areas of wind resource assessment, land acquisition, engineering, procurement and construction (EPC), commercial analysis, vendor framework, grid analysis, operations and maintenance, and financing.

Mytrah has built 2000 MW of operational & under development power capacity in the Renewable Energy sector. These assets are spread across 15 wind farms in nine states—Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Punjab and Tamil Nadu.

Mytrah sells power mainly to state grids through 13 to 25 year Power Purchase Agreements. In addition, our 100.5 MW project in Tamil Nadu sells power directly to Industrial consumers on short-term agreements.

Mytrah Energy (India) Pvt Ltd has the largest wind data bank in India, being the only independent power producer that has 200 wind masts across the country.

Supporting Partner

Bounce (formerly known as Metro Bikes) is India's first smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable and convenient.

Here's how easy it is to bounce : Book a ride on the app, Pick up the bike, Enter the OTP, Ride to the destination and move on!

With a breakthrough technology that lets users access the bike with just an OTP, our state-of-the-art Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention.

There's more than just this, to why we do what we do! We love the idea of being able to help bring people back to doing things that they love, like the ever-elusive guitar lessons or the family dinner at the dining table, by saving them the time that they spend on commuting.

With the keyless bikes, we are taking on the problems around commute, one city at a time. With a team of super-passionate people and some great ideas, we are riding towards becoming the most preferred mode of commute and changing the way people commute!

Supporting Partner

AVAN MOTORS builds Electric Scooters for the future. Our Vision is to be the Number 1 futuristic mobility solutions provider in India as well as Globally. Our Mission is to be a customer driven company, continuously striving to offer Advanced, High Quality, Cost-Effective electric mobility products to customers.

We have launched Xero brand - Xero & Xero+, EV scooters. Our philosophy behind "Xero" in Electric scooter is having Xero Emission, Xero Noise, Xero Maintenance Cost, ultimately giving Xero burden on customer in comparison to the gasoline scooters. Creating power of 1 KW energy which deliver 60 kms distance. Our products Xero & Xero+ are Stylishly designed two wheelers, zip around silently, making no sound, emitting no pollution, employing cutting edge technology to use energy in the most efficient way possible. It is loaded with new features that aren't currently available. Their running cost is only 10% as compared to gasoline scooter.

AVAN is Innovation driven technology company and Smart organization with robust team, offering open collaborative environment. Ideas are encouraged. The products offered are reliable product having undergone stringent testing. Avan offers "Customized solution" and has Transparent business methodology. We offer E Scooters based on custom need solutions to Students, Women and Working adults.