• Blive Store Customers can upgrade from any petrol 2-wheeler to E-Scooters
  • CredR to provide an instant exchange price for the petrol 2-wheeler 
  • Launching in Delhi NCR, Pune, Bangalore and Jaipur 

New Delhi, 22 January 2021: Electric mobility has gained unprecedented importance in India over the last few years. As a result of the COVID-19 pandemic, people are becoming environment conscious and are moving towards the adoption of electric vehicles. Moreover, EVs are gaining higher acceptability due to the low purchase price, low running costs and ease of use. 

With people moving towards EVs, it was natural for CredR – an Omni-channel two-wheeler used consumer brand to collaborate with BLive, India's leading Electric Bike Tourism Platform. Blive has now launched India’s first EV Store. With this collaboration, users can exchange any petrol-based two-wheeler with E-Scooters sold on the Blive Store . While exchanging the old two-wheeler, CredR will offer instant quotes for old petrol scooters thus reducing the upfront cost of BLive e-bikes.

Users will be provided with convenience and hassle-free exchange of used two-wheelers for electric bikes and receive their new vehicle within days. An instant price quote/ estimate will be generated through the proprietary pricing application powered by CredR. To complete the transaction, CredR will verify the documents and the health of the petrol version of the two-wheeler. The exchange price will then be adjusted against the final cost of the new BLive electric two-wheeler. Currently, the program is applicable in Delhi NCR, Jaipur, Bangalore and Pune and will soon be expanded to other cities across India.

Commenting on this collaboration, Sasidhar Nandigam, Chief Strategic Officer, CredR said, “India’s Electric mobility landscape is going to change dramatically post COVID-19 pandemic and the sales are expected to rise. As the sales of overall two-wheelers will see a boom, there will also be a rise in sales of second-hand e-two wheelers. Currently, electric mobility contributes to less than 1% of the two-wheelers market that can only increase from here. We are tremendously excited to partner with BLive in bringing about this shift in the market."

Speaking on the announcement, Samarth Kholkar, CEO and Co-Founder, BLive said, “The more consumers experience EVs, the higher will be the adoption of the same. BLive, through its Ebike tours has been offering the same across 9 states of India giving consumers an opportunity to try EBikes. With the online EV store we want to offer the best experience of buying an EV making the adoption easier, whether it is with the range of EVs or the options to buy. With CredR, buying an EV becomes even simpler with consumers getting the advantage of not worrying about the older two-wheeler they own. We see this as a very strategic partnership as we add more brands."

CredR is India’s most trusted and only omni-channel consumer brand for buying and selling used two-wheelers. Founded in 2015, CredR, aims to simplify the entire process of transacting in used two-wheelers, by offering industry’s-first-in-class products/ services for building trust in a segment which is highly unorganized and fragmented. The company operates India’s first and largest chain of CredR branded retail showrooms across major cities like Pune, Bengaluru, Delhi NCR, Jaipur, Kota, and Hyderabad through the franchise model. These showrooms offer customers with a wide range of used refurbished two-wheelers at the best prices. Using its proprietary technology and full-stack vertically integrated business model, CredR is revolutionizing the entire customer experience.

The company is backed by marquee blue-chip funds such as Eight Road Ventures (Fidelity's proprietary investment arm), Omidyar Network, AngelList, K Ganesh (GrowthStory) and angel investors like Amit Agarwal (CEO, Amazon India), Rohit Bansal, Kunal Bahl, Sameer Sawhney and Deb.

BLive is India’s first EV experience platform, offering experiential tours on E-bikes through EV tourism and driving easy ownership of electric two-wheelers through their online EV store.

Blive has long term partnerships with hospitality partners like Club Mahindra, Taj, Marriott, Hyatt etc. and Tourism boards like Goa and Pondicherry. BLive was recently awarded TripAdvisor Traveler’s Choice (Among Top 10% Experiences in the World) in 2020 and in a short period has successfully delivered E-bikes through their Online Store to 28 cities across India.

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