Service platform for vehicle owners Renrenxianghu closes its angel round

Lynn Lin

Renrenxianghu, a platform under Aiche Hand-in-Hand Technology, has recently completed its angel round of financing raising multi-million yuan from unknown investors. It is said that this round of funds will be primarily used for product development and iteration, marketing and promotion, and talent introduction.

Renrenxianghu is an internet innovation platform that serves vehicle owners with the philosophy of helping each other. For example, if a car accident occurs, the participants of the platform can help share the cost for vehicle maintenance; so that the majority of car owners can save money for safe driving.

Aiche Hand-in-Hand Technology said that the mutual help platform for car owners is an innovative internet model that solves the pain points of huge maintenance costs caused by self-collision in driving vehicles.

The platform has reached a strategic cooperation with qualified maintenance plants across the country for the implementation of various maintenance services and other businesses, with the commitment of improving quality standards and higher-end services of the automotive aftermarket business.


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