Roadcast, a number one SaaS-based logistics automation platform in India, and Accelerated Cash for U (AMU), a outstanding non-banking monetary firm specializing in financing electrical automobiles (EVs), have introduced a groundbreaking partnership. The collaboration goals to implement Roadcast’s GPS expertise in as many e-rickshaws financed by AMU as doable. This effort aligns with Roadcast and AMU’s objectives of enhancing safety, selling EV expertise, and supporting environmental sustainability. Moreover, it’s going to assist in monitoring and managing fleets, adapting to technological developments, and contributing to the nationwide IoT ecosystem, significantly in Tier-2 and Tier-3 cities.Roadcast is a frontrunner in fleet administration options, providing good instruments like GPS monitoring, whereas AMU has been pivotal in selling the adoption of EVs. By integrating GPS expertise within the 3W e-rickshaws leased by AMU, the corporate will be capable of predict and determine non-performing property and potential defaulters. The analytics capabilities offered by Roadcast’s expertise may also supply insights into the efficiency of unique tools producers (OEMs), enabling AMU to make extra knowledgeable choices.
“As a tech-first firm, we’re dedicated to main the inexperienced revolution alongside the growing adoption of electrical automobiles. Our partnership with AMU permits us to considerably improve public entry to superior, related EVs. Along with this, adopting Roadcast’s GPS system will considerably affect NBFCs by enabling quicker fund reallocation. In leasing agreements, well timed fund restoration is essential, and Roadcast’s expertise supplies predictive insights that help proactive danger administration methods. This partnership will be sure that potential points are recognized early, permitting for faster interventions and extra environment friendly fund restoration, finally enhancing monetary operations and stability within the EV sector,” stated Rahul Mehra, co-founder at Roadcast.
“We’re glad to associate with Roadcast. This collaboration will at the beginning assist us determine automobiles prone to default early on. This may permit us to intervene successfully and streamline our fund allocation course of. The entry offered by Roadcast will assist us navigate the complexities of NBFC operations extra effectively. Along with this, their IoT experience for real-time automobile monitoring will assist in enhancing safety and reliability by environment friendly EV and UAV operations. This partnership not solely promotes eco-friendly transportation and shopper satisfaction but in addition aligns with AMU’s imaginative and prescient of contributing to nationwide GDP progress. By making certain the security and operational effectivity of their financed automobiles, AMU can foster belief, help small companies, and advance sustainable practices within the electrical mobility sector,” stated Nehal Gupta, Founder & MD, AMU.The strategic collaboration between Roadcast and AMU goals to revolutionize the EV market in rising areas, creating alternatives for worthwhile EV financing. This partnership is anticipated to have a major affect on the monetary operations and stability of the EV sector, enhancing public entry to superior, related electrical automobiles, and supporting the broader objectives of environmental sustainability and financial progress.
