The electric two-wheeler manufacturer, EeVe India, announced its partnership with ZestMoney, an AI-driven financing platform for providing EMI solutions to customers.

With ZestMoney, customers with no previous CIBIL score can also get access to financing, according to the release. The ‘Buy Now Pay Later’ facility is available on all models of EeVe scooters like Xeniaa, 4U, Your and Wind priced between INR 51,900 and INR 73,900.

The process to avail the service is paperless and can be done remotely. Customers can complete KYC formalities online and choose EMI tenure of three, six or 12 months for repayments.

About the new partnership, EeVe India director and co-founder Harshvardhan Didwani, said, “We are excited that our customers can now avail EMI options with EeVe India. At EeVe India, high-end technology and sustainability is our topmost priority. Our collaboration with ZestMoney will also stress on contactless documentation during the COVID-19 situation.”

Lizzie Chapman, CEO and co-founder of ZestMoney, said, “Apart from the convenience of digital credit, the partnership with EeVe will make electric scooters affordable for a large number of people. Our fully automated Buy Now, Pay Later solution is meeting a critical need in the testing times of COVID-19. With the festive season approaching, we expect consumer interest to pick up further.”

Headquartered in Bhubaneswar, EeVe, the first automobile player in eastern India, has a network of 63 dealers. The company plans to expand to 200 different locations this year.