Quiklyz ties up with BluSmart to provide 500 EVs on leasing
Date: 23 Mar 2022
the vehicle leasing and subscription business of Mahindra & Mahindra
Financial Services Limited (Mahindra Finance/ MMFSL), announced its tie-up with
BluSmart Mobility, India’s first and largest zero-emission ride-hailing service
and platform. As part of this arrangement, Quiklyz will provide customized
Lease for up to 500 Electric Vehicles (EVs) which will be deployed on BluSmart’s
100% EV fleet.
vehicles would be deployed in the Delhi NCR region and would be used for the
BluSmart all electric ride hailing services plying currently in NCR through the
is the new age vehicle leasing and subscription platform having broad product
offerings across various customer segments for passenger and commercial
vehicles from all leading OEMs in India.
Singh Jaggi, Founder & CEO, BluSmart said, “BluSmart, through its
all-electric fleet, provides zero-ride denial, zero-surge and zero-tailpipe
emission ride-hailing service to make mobility smarter and sustainable for a
better future. We needed a partner who could create bespoke financing
structures, industry-best service levels and in Quiklyz we found the ideal
leasing partner fulfilling these requirements. We look forward to our continued
partnership with Quiklyz which would be a win-win for all”.
Turra, Senior VP & Head, Quiklyz mentioned, “We are committed to providing
innovative leasing solutions to popularize Electric Vehicles in India and are
delighted to be the leasing partner of choice for BluSmart which has built a
remarkable portfolio of EV fleet. We will continue to create necessary leasing
products across EV segments to drive the change towards a more sustainable
currently operates in Delhi NCR region and the company plans to expand its
network into other major cities across India. It also operates large EV
charging Super hubs powering its own EV fleet as well as offering services to
currently has the largest portfolio of electric vehicles (EVs) on its leasing
and subscription platform. It provides both Electric 4W as well Electric 3Ws
across OEMs including Mahindra, Tata Motors, Piaggio, Mercedes-Benz etc.
Quiklyz’s value proposition for its customers includes zero down payment
schemes, flexible tenure options, no resale or maintenance hassle, and much