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Startups

Rent my wheels: India's Drivezy brings driver and owner together

Peer-to-peer vehicle-sharing service eyes expansion in US and Southeast Asia

Drivezy, which lets private owners of cars and motorbikes rent them out to others, is looking to raise a total of $500 million to fund its expansion in India and Southeast Asia. (Photo courtesy of the company) 

NEW DELHI -- Drivezy, an Indian car and motorcycle rental platform with a unique peer-to-peer business model, aims to raise $100 million in equity funding and another $400 million in asset financing as it seeks to expand at home and overseas.

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