Yamaha Invests in Bike Rental company Drivezy


Mumbai-based AS Justride Tours and Travels Pvt. Ltd, which owns self-drive vehicle rental platform Drivezy, has raised $20 million (Rs 141.4 crore) in its Series B round, the company said in a note.

Drivezy (formerly JustRide) was founded in April 2015 by NIT Allahabad graduates Ashwarya Singh, Hemant Sah, Vasant Verma, and Amit Sahu, and IIT-Bombay graduate Abhishek Mahajan.

Read full article at VC Circle here: https://www.vccircle.com/venture-capital-zone-at-bengaluru-tech-summit-2018

What do you think? Will this development help city reduce its traffic congestion?