Hyderabad: Telangana IT Minister D Sridhar Babu launched Juiy, an Electric Vehicle buying assistant app, in the city. The startup aims to transition 10 lakh buyers from ICE (internal combustion engines) to electric two-wheelers in the next year.
Juiy has onboard major electric two-wheeler brands. The startup has partnered with Axis Bank and LoanTap for finance, and Reliance General Insurance, Chola MS, and Kotak General Insurance for insurance needs.
IT Minister of Telangana, Sridhar Babu said, “Innovation and entrepreneurship are the driving forces behind our nation’s progress. I commend the founders of Juiy, Mahanth Mallikarjuna and Pranay Kommu, for their vision of creating a transformative mobility solution in the form of Juiy App.”
Starting with two-wheelers, the largest segment in the country with over 150 million units, Juiy will assist customer’s right from discoverability to delivery of the vehicle. While the buying assistant is open to the entire country, vehicles are currently being sold only in Hyderabad, with plans to scale to more cities in the coming months.
Mahanth Mallikarjuna, Co-founder, Juiy, said: “The mission of Juiy is to provide sustainable and efficient transportation options for everyone. With our innovative app, we aim to assist buyers in transitioning to electric vehicles.”
He further said that over the last five years, EV and battery technology has undergone innovation and improvement. Despite this, there are many misconceptions about EV adoption among buyers. Juiy aims to address these misconceptions and assist buyers in transitioning to electric vehicles. Pranay Kommu, Co-founder, Juiy, said: “Juiy aims to assist customers right from discoverability to delivery of the vehicle. We are on a mission to transition one million buyers from ICE to electric two-wheelers in the next year.”
