Drivio, a digital-first omnichannel two-wheeler financing platform in making, has raised $ 1 million in its seed funding round from Karini Ventures and Vansun Capital. Drivio is co-founded by Saurabh Tripathi and Ankur Bhardwaj. Headquartered in Gurugram and incorporated in April 2022.
Karini Ventures’ spokesperson said, “Seeing the increasing use of technology in every field it is evident that fintech is the present and future of the banking and financing sector. Fintech start-ups like Drivio are evolving and set to play a larger role in the sector with the innovation they have to offer. We liked the concept of supporting two-wheeler buyers with an easy and quick financing solution by Drivio. We look forward to working closely with Drivio to challenge the existing norms of the two wheeler finance market in India.”
Saurabh Tripathi, Co-founder, and CEO, Drivio, said, “Drivio aims to solve the financing problems that two-wheeler buyers face in the country. Funding support from Karini Ventures and Vansun Capital will further strengthen our vision and help us to build a robust platform to reach out to the maximum number of potential two-wheeler buyers and offer them the best financing services and loan options. We plan to utilize the funds to further enhance the product and expand the services across the country.”
The platform in the release said it has already partnered and is in talks with several leading banks and financial organizations to ensure a quick, easy, transparent, and hassle-free loan processing experience for its customers.
