
Drivio
A reliable and secure way for residents and businesses to manage and pay government fines online.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
* | N/A | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Drivio operates in the financial services sector, specializing in facilitating two-wheeler loans for consumers. The platform allows users to compare prices, view offers, and get detailed EMI (Equated Monthly Instalment) options for bikes, scooters, and electric vehicles (EVs). Drivio serves individual consumers looking to finance their two-wheeler purchases. The business model revolves around providing a comprehensive comparison tool for loan options, including interest rates and repayment tenures, while also offering credit score insights to help users understand their loan eligibility. Drivio generates revenue through partnerships with financial institutions and lenders, earning commissions or referral fees for successful loan applications processed through its platform. The company operates primarily in the Indian market, targeting urban and semi-urban consumers who are increasingly opting for two-wheelers as a convenient mode of transportation.
Keywords: two-wheeler loans, EMI calculator, credit score, bike financing, scooter loans, EV loans, financial services, loan comparison, interest rates, repayment tenures.