Revfin and Shoffr: Innovating in Urban Transportation and Financial Services
Revfin and Shoffr are two big companies in India. Revfin helps people get loans easily. Shoffr helps people travel by EV taxi headquartered in Bangalore. They have done something great together after Shoffr’s first year of work.
Shoffr started in November 2022 and became the best choice for rides. People like its great service, friendly drivers, and happy customers.
Working together with Revfin, Shoffr first got four BYD e6 electric cars. Now, Shoffr has a lot more electric cars, over 40 in fact, and they are all different types of the BYD model. This substantial expansion highlights the partnership and forward-thinking outlook that Revfin and Shoffr have shared with the goal of revolutionizing urban mobility.
The addition of more vehicles to Shoffr’s fleet not only demonstrates the company’s exceptional performance metrics—it continuously maintains asset utilization levels above 75%—but also the company’s commitment to providing effective and environmentally friendly transportation options in Bangalore. The company’s fleet has completed thousands of rides and travelled over a million clean kilometres.
Furthermore, Revfin and Shoffr recognize the effects on drivers and advocate for a better working environment, better pay, and a higher standard of living, all of which contribute to the advancement of society. The partnership also emphasizes the environmental impact, with the goal of expanding operations not only in Bangalore but also outside of it, with a shared vision of deploying an electric vehicle fleet that will significantly reduce carbon emissions.
Goals and Cooperative Projects:
By implementing a fleet that not only improves the customer experience but also promotes environmental sustainability, Revfin and Shoffr hope to transform the transportation industry. They are committed to increasing urban mobility while reducing carbon emissions, which is a critical step toward a more sustainable future.
“With our partnership with Shoffr, we are not just redefining transportation; we are reshaping the urban mobility landscape. Our joint efforts mark a significant step towards a future where financial inclusion and sustainable transportation”stated, Revfin CEO and Founder Sameer Aggarwal
“Through our partnership with Shoffr, we’re not merely redefining transportation; we’re reshaping the urban mobility landscape. Our joint efforts mark a significant step towards a future wherein financial inclusion and sustainable transportation seamlessly intertwine.” seamlessly intertwine.”expressed, Sameer Aggarwal, CEO, and Founder at Revfin
Vikas Bardia, Founder & CEO of Shoffr, remarked, “Shoffr’s commendable journey within just one year has established it as the foremost choice for commuters in Bangalore. RevFin’s early belief in Shoffr has been invaluable, and we’re thrilled to fortify our partnership as we continue to evolve.”
Revfin and Shoffr look forward to growing together in Bangalore and other major cities. They have a combined strategy that prioritizes improving service quality, strengthening environmental sustainability, and developing a more equitable urban transportation system.