chennai two and threewheeler major tvs motor company has invested an undisclosed sum in racing driver narain karthikeyans startup drivex nkars mobility millennial solutions a preowned twowheeler platformfounded by indias first formula 1 ace racing driver narain karthikeyan drivex is an integrated model present across the preowned twowheeler vehicle value chain this includes procurement refurbishment and retailing of multibrand preowned twowheelers incorporated in april 2020 drivex started off as a twowheeler subscription platform and has expanded to five cities a tvs statement said karthikeyan founderceo of drivex said the preowned twowheeler vehicle market is changing rapidly drivex is a digital first business serving all brands with unique analyticsled capabilities across the value chains we have also been successful at launching new business models including the subscription model in the preowned twowheeler segment in the coming years drivex will aim to strengthen its presence across india followed by other geographies in due course with this investment from tvs motor company we are confident of expanding the drivex visionsudarshan venu md tvs motor company said the preowned twowheeler market is largely unorganised now drivex has a vision to bring a change by building trust assurance and transparency through endtoend highquality products and customer experience through innovative solutions we are confident of drivex ability to deliver on this vision