Investments, News

DriveU Raises Around $1M In Seed Round of Funding from Unitus

On-demand driver aggregator for private cars, DriveU, has raised around $1 million in seed round of investment from Unitus Seed Fund. The freshly raised capital will be used to expand its footprint across ten cities, from four at present.

Shown Above: DriveU's Co-Founders

Shown Above: DriveU’s Co-Founders

The company was founded by Ramprasad (Rahm) Shastry, Ashok Shastry and Amulmeet Singh Chadha in June 2015. The startup is owned and operated by Humble Mobile Solutions Pvt. Ltd. DriveU is trying to focus on enhancing experience for customers using their personal vehicles, by implementing better practices in technology, driver verification, training methods and on-road commute experience – be it for shopping, running errands, airport drops and pickups, business meetings, day to day commuting, and for attending social events, dining at a restaurant/bar, concerts, weddings, parties and more.

A customer can book a driver using the DriveU app or on its website. The app can be downloaded from the Google Play Store or Apple App Store. With the help of the app, one can book the nearest available DriveU driver and can also track while the driver is on route to the customer’s pickup location.  Once a booking is confirmed, all the necessary information such as driver’s name, picture, rating, phone number, location, distance from customer’s pick up point and estimated time of arrival is provided.

The company claims to have served over 15,000 trips to over 6,000 customers, of which over 60% are women, since its inception. It is currently offering services across 4 cities – Bangalore, Chennai, Mumbai and most recently in Delhi.

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