sRide
| ISIN | 🆔 |
|---|---|
| Genre | Carpool |
| Founded 📆 | 2015 |
| Founder 👔 |
|
| Headquarters 🏙️ | Pune |
Area served 🗺️ | |
| Members | |
Number of employees | 30 |
| 🌐 Website | https://sride.co/ |
| 📇 Address | |
| 📞 telephone | |
sRide is a carpooling[1] and bike pooling company based in Pune, India founded by Lakshna Chadha Jha, Nitin Chadha and Amitkumar Agrawal.[2][3][not in citation given] The application is available on both Android and iOS platforms. As of 2015, the company is operational in Pune, Mumbai, Hyderabad, Delhi, Kolkata, Chennai and Bengaluru.[2][4][5]
Operation[edit]
sRide offers eligibility to a working professional to register using his name, address, personal and official email address. Member’s credentials are automatically verified through various processes.[vague] After the registration is completed, the user is provided with the option to check for other registered members travelling on his/her route and connect with them to avail or offer a ride.[6] After the ride is completed, rider pays the car owner online as per a sharing principle of sRide.[2][7]
According to CNBC TV18, sRide grew ten times from 2018. They have also been featured in CNBC Young Turks Program.[8]
Partners[edit]
The company has tie-ups with corporates such as Infosys, Wipro, Capgemini, Cognizant and others to offer regular carpooling rides to employees.[9][7] As per a research conducted by sRide, an average vehicle’s seat utilisation in India in 2018 was at about 25% which means only 1 out of 4 seats was occupied in a car in 90% cases.[10]
On 12 August 2016, sRide raised $1 million in funding from angel investors.[5]
References[edit]
- ↑ Jul 23, Tamaghna Banerjee | TNN | Updated:; 2018; Ist, 6:41. "For Kolkata's tech firms, ride-share idea is employee-care mantra | Kolkata News - Times of India". The Times of India. Retrieved 2019-05-13.
- ↑ 2.0 2.1 2.2 Jul 15, Tarini Puri | TNN | Updated:; 2015; Ist, 4:13. "Carpooling apps make ride easy | Pune News - Times of India". The Times of India. Retrieved 2019-05-13.
- ↑ "Metrolife: Carpooling not so rare anymore". Deccan Herald. 2018-04-29. Retrieved 2019-05-13.
- ↑ "Ola in talks to pick up 26% stake in puna based startup sRide". www.thenewsminute.com. Retrieved 2019-05-13.
- ↑ 5.0 5.1 Gooptu, Biswarup (2019-02-18). "Ola in talks to pick up 26% stake in carpooling app sRide". The Economic Times. Retrieved 2019-05-13.
- ↑ "Carpooling picks up in Hyderabad". Telangana Today. 20 December 2018.
- ↑ 7.0 7.1 "Lakhs register in carpooling apps across Indian cities". Citizen Matters. 2018-01-30. Retrieved 2019-05-13.
- ↑ "Young Turks: Here's the success story of Pune-based carpooling startup sRide". cnbctv18.com. Retrieved 2019-06-13.
- ↑ "Can carpooling become the next big thing in our cities?". Citizen Matters. 2018-02-22. Retrieved 2019-05-13.
- ↑ Kandavel, Sangeetha; Vijayakumar, Sanjay (2018-08-30). "IT majors lead the way in carpooling". The Hindu. ISSN 0971-751X. Retrieved 2019-05-13.
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