EeVe partners with ZestMoney

Electric two-wheeler manufacturing company EeVe India on September 11 announced its partnership with ZestMoney, an AI-driven EMI financing platform.

With this collaboration, customers can buy EeVe India scooters through transparent EMI solutions, said a press release issued by the company. With ZestMoney, even customers with no previous CIBIL score can get access to financing, it added. A ‘Buy Now Pay Later’ facility is also available on all models of EeVe scooters, said the release.

The process to avail the service is paperless, can be done remotely and ensures instant approval of loans.

Headquartered out of Bhubaneswar, EeVe is the first automobile player in Eastern India. It currently has a network of 63 dealers and plans to have a presence in 200 different locations in this year.

Speaking on the new partnership, Mr Harshvardhan Didwani, Director and Co-founder of EeVe India, said, “We are excited that our customers can now avail EMI options with EeVe India. At EeVe India, high-end technology and sustainability is our topmost priority. Our collaboration with ZestMoney will also stress upon contactless documentation during the COVID-19 situation.”

Mr Lizzie Chapman, CEO & Co-founder of ZestMoney, said, “We are seeing a massive demand for electric vehicles on our platform. Apart from the convenience of digital credit, the partnership with EeVe will make electric scooters affordable for a large number of people.”