Stevens Creek backs DriveU

Date posted: Wednesday 14 November 2018

Online driver aggregating platform DriveU has closed a mezzanine investment round of Rs.7 cr. led by California-based Stevens Creek Ventures. The funds will be used by the startup for expanding geographical reach. DriveU currently operates across India’s six largest metros – Bengaluru, Mumbai, Chennai, Delhi NCR, Pune and Hyderabad, and claims to have served over 6 lakh trips since inception.

(DealStreet Asia)