THELOGICALINDIAN - The Indiabased YCombinatorbacked car administration close Drivezy aloof raisedRs 65 crore 10 actor The aggregation has acclimated the funds partly to activate accepting bitcoin payments on their belvedere In all the aggregation has aloft a absolute of165 actor Rs 107 crore from a array of altered sources An disinterestedness advance totaling5 actor has been fabricated by Japanese and American firms
Also read: England Can Now Use Left-Over Change to Automatically Buy Bitcoin
The firm’s CEO, Ashwarya Singh, told Econotimes they had aloof amorphous accepting bitcoin payments. He said, “We accept started accepting cryptocurrency such as bitcoin for affairs on our platform. We accept apparent 150-160 affairs through that approach so far.“
Drivezy affairs on application its fundraising to added accumulate the bitcoin accepting action for their ride administration software.
Partnership with Unocoin to Enable Bitcoin Payments
The company has partnered with Unocoin to advice accomplish the bitcoin affairs streamlined. The aggregation additionally launched an antecedent bread alms for Drivezy. Their own cryptographic tokens acquiesce bodies to own pale in the aggregation and acquire allotment of their agent fleet.
A Societal Shift to Bitcoin Payments; Drivezy Future Plans
This move to acquire bitcoin payments as the aggregation grows represents a about-face to bitcoin accepting with abounding car-related startups. For instance, Uber aloof brought on a pro-bitcoin CEO who ahead formed for Expedia, and got the aggregation acutely complex with 
accepting bitcoin payments. It is accessible Uber could eventually accompany on bitcoin as acquittal advantage as well. Independent Uber drivers are already exploring this option.
In this regard, Drivezy is already in the bitcoin accepting fast lane. The aggregation is demography initiatives to widen its abject of operation in India. They are activity to be ablution new aeon rentals abutting month, as able-bodied as operations for all vehicles. Singh said, “We will be ablution aeon rentals in Bengaluru abutting month. We are additionally attractive to barrage operations (for cars and bikes) in Kochi, Udaipur, Chennai and Hyderabad next.“
In agreement of overextension bitcoin acceptance and adoption, the adolescent car administration close is authoritative headwind and ambience the date for added boilerplate acceptance in India.
What do you anticipate about car administration firms all-embracing bitcoin payments? What do you anticipate about the approaching of bitcoin-fueled ride-sharing and car administration applications? Let us apperceive in the comments area below.
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