Bike-Sharing to Become a Reality in Delhi Soon, Thanks to Mobycy
With pollution getting worse in Delhi, it seems bicycles are the next best option to tackle the situation. And the latest startup to enter the bike-sharing space is Mobycy, which has been founded by two people who have worked in the corporate sector, but now looking to deep dive into the supposed next big thing.
The company is starting off its services via docked bicycles, that’ll be made available in different parts of Delhi-NCR, and will expand to other parts of the city in the coming months.
The model adopted by Mobycy is similar to what Ola has done with its Pedal project, that piloted earlier this month. The docked bicycles come equipped with a QR code that lets you pay to hire the bicycle. Mobycy is charging a nominal fee of Rs 10 per hour, with Rs 999 security deposit for riders, and Rs 499 for students.
The Mobycy works via app which is available to both Android as well as iOS users, and for IDing purpose, the company will ask for your Aadhaar number. When quizzed about the reason to opt for Aadhaar, Akash Gupta, Founder and CEO of Mobycy, had this to say;
The initial phase (with 1,500 cycles) will be kickstarted with cycles that are being imported from China, but Gupta has confirmed that the next batch of cycles (3,500 to be precise) will be manufactured in the country itself.
He also claims that the bikes get rust-free finishing for a longer riding life, the tyres are tubeless and rugged to handle general wear and tear conditions.
And Gupta is quietly confident that with a big movement in the offing, the biking scenario in the country could finally get a much needed boost.
Globally, over 12 million bicycles have been put on the road, but more than 17 million made its way to China alone in the past year or so, according to Amit Bhatt, Director of Transport at WRI India.
However, bike-sharing seems to have hit an impasse in the Chinese market, so much that bicycles are lying under the swirl of dust across different corners. And he believes that India is the next big market for the trend to catch up.
However, his optimism comes with a sound understanding of reality, where he points out that the government bodies have a big role to play, to get this segment up and running.
Another venture, Yulu, made similar moves in this space earlier this month, and their expectations chime with how Gupta sees the bike-sharing movement rolling on.
Gupta, who left the comfort of a corporate life at Airtel, Dell and recently Mobikwik, puts the onus on Ministry to make the right calls, starting off by offering 10-15 sq mt space, where the bikes can be docked.
Bike-sharing is an untapped market in India for now, but both Gupta and Amit feel that the docking system, applied with machine learning and help from Google Maps geotagging ecosystem, could bring the change that our environment is crying for.
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