New Delhi, August 09, 2017: Revv, the Delhi/NCR based shared mobility solutions platform, is set to double the coverage of its one-way outstation self-drive product. It had introduced the product in May 2017 on a pilot basis, bringing the concept of self-drive to one-way outstation travel. Following a strong market reception to the pilot, it will launch new service routes this week, including popular routes such as Delhi-Jaipur, Delhi-Chandigarh, and Hyderabad-Vizag.
The facility comes bundled with Revv’s standard doorstep delivery offering, giving its users the flexibility to pick a car from anywhere in the origin city and leave it anywhere in the destination city. Users can customize the duration, route, stopovers etc as per their convenience.
During the 10 week pilot run, the product served more than 1,000 users on both intra-state and interstate routes such as Mumbai-Pune, Bangalore-Chennai, and Bangalore-Hyderabad. Commenting on the expansion, Co-founders of Revv said:
“In the majority of the cases, users are booking for durations that are much longer than the standard time it takes to travel between those cities. This indicates that they are combining intercity travel with local travel at either the origin or the destination city. The flexibility to customize the duration, combined with doorstep delivery and pickup, has been a strong draw. It lets them meet all travel requirements at both ends with a single booking, saving them additional ‘last-mile travel’ expenses, unlike in a one-way cab or bus.”
“Business travellers are the target segment here, which is evident in the higher demand for this service on weekdays. Several users have also asked for an option to share the same car with other users travelling on the same route. We are evaluating the prospects of enabling this option.”
In the last year, the average duration of the bookings of Revv’s cars has gone up from 25-30 hours to 40-50 hours. This is partly a sector trend, driven by an increasing adoption for longer and more utilitarian use cases (e.g., users renting a car for 1-2 weeks when they visit their hometowns, or for 1-2 months when they are on a temporary outstation assignment).
Revv’s one-way product is supported by its proprietary inventory management technology, which automatically balances inventory across cities and maximizes availability on the busiest routes.
Revv is a shared mobility platform that was set up in July 2015, based out of Delhi-NCR. Launched with a fleet of 9 cars, it is currently amongst the largest car-sharing platforms in India. During the past ~2 years, it has grown its presence to 9 cities. Over 2.5 crore kms have been clocked by more than 2 lac customers in Revv’s cars. It has established a reputation for continuous innovation in product and operating model.
Revv is backed by Edelweiss Private Equity, the private equity and venture capital arm of the Edelweiss Group.