Merger and Acquisition

CarDekho Acquires Majority Stake In Car Rental Startup Revv

• ByStartupStory     |    December 1, 2023

The CarDekho Group has revealed its acquisition of a controlling stake in Gurugram-based self-driven car rental startup Revv, marking a strategic move to expand its array of auto-tech solutions.

According to the company’s statement, “The merger of Revv aligns with CarDekho Group’s overarching strategy of placing technology at the heart of its operations, aiming to create a complete automobile ecosystem for a seamless customer experience.”

This acquisition broadens the offerings of the CarDekho Group, renowned for its brands such as CarDekho, BikeDekho, Gaadi.com, Zigwheels, PowerDrift, InsuranceDekho, and Rupyy, now integrating Revv’s shared mobility services.

Amit Jain, co-founder and CEO of CarDekho Group, highlighted, “The merger with Revv allows us to offer shared mobility services, addressing the evolving needs of Gen-Z customers.”

Established in 2015 by McKinsey alumni Karan Jain and Anupam Agarwal, Revv has been providing car rentals across major cities in India.

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