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Revfin and Shoffr set to transform financial inclusion & urban mobility

Revfin Services

Revfin, a pioneer in improvising financial inclusion in India, and Shoffr, an EV taxi service based in Bangalore, announced a collaboration following Shoffr’s successful first year in operation.

With its high-quality service, pleasant drivers, and attention to passengers, Shoffr has established itself as the gold standard of transportation since its start in November 2022. Shoffr’s fleet has now been bootstrapped to an astonishing 40+ electric vehicles, all BYD e6, due to cooperation with Revfin, which first gave Shoffr four BYD e6 electric vehicles. This expansion illustrates Revfin and Shoffr’s commitment and vision to improve urban mobility.

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Shoffr’s fleet has expanded in size but also in performance measures, with asset utilisation levels typically above 75 per cent. The Shoffr fleet has now travelled over a million clean km in thousands of rides, demonstrating the company’s dedication to offering efficient and sustainable transportation alternatives in Bangalore.

The collaboration has prioritised environmental effect. They intend to extend operations not only in Bangalore but also beyond, with the goal of deploying a fleet of electric vehicles that will considerably reduce carbon emissions.

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Revfin and Shoffr’s joint mission is to revolutionise transport by deploying a fleet that not only improves customer experience but also contributes to environmental sustainability. Their united objectives include improving urban mobility while lowering carbon emissions, a critical step towards a more sustainable future.

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Also Read | Government policies driving growth of EV in India: Sameer Aggarwal, Founder & CEO, Revfin

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Sameer Aggarwal, CEO, and Founder at Revfin says, “Through our partnership with Shoffr, we’re not just redefining transportation; we’re transforming the landscape of urban mobility. Our joint efforts mark a significant stride towards a future where financial inclusion and sustainable transportation go hand in hand.”

Vikas Bardia, Founder & CEO of Shoffr says, “Shoffr has come a long way in just one-year to establish itself as the gold standard of rides and become a favourite of commuters in Bangalore. RevFin has been an early believer in Shoffr, and we’re delighted to strengthen our partnership as we grow.”

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