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# African mobility fintech Moove takes its sustainable vehicle financing to India
- URL: https://www.techloy.com/african-mobility-fintech-moove-takes-its-sustainable-vehicle-financing-to-india/
- Published: 2022-07-25T14:58:15.000Z
- Updated: 2024-03-19T10:46:32.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Mobility, EVs, / Fintech, Moove

[Moove,](https://www.moove.io/) a mobility-first fintech startup born in Africa, has expanded its revenue-based vehicle financing model to India to support mobility entrepreneurs and create sustainable jobs, as part of its global expansion plans. 

- Moove is partnering with Uber India to launch 5,000 electric and compressed natural gas (CNG) vehicles in the first year and increase to 30,000 in the next five years.
- The mobility startup offers revenue-based financing for transport entrepreneurs and making it easy to access vehicle ownership and creating opportunities to cater to those who have been previously excluded from financial services.
- The launch will help thousands of drivers return to work in India and the energy-efficient vehicles the startup is introducing will improve the Indian government's efforts in reducing carbon emissions in the country.
- The operation is starting in Mumbai, Hyderabad, and Bangalore.