Self-drive rental firm offers its own crypto, raises $5 mn

Bengaluru-based online car rental platform Drivezy has raised $5 million by offering its own cryptocurrency RentalCoins, its Chief Executive Officer Ashwarya Singh said. In October last year, Drivezy raised $10 million from investors including Das Capital. Founded in 2015, Drivezy lets users hire cars and bikes for self drive by the hour, day or week.