China’s Hellobike, Ant, and CATL Team Up to Reboot Urban Mobility with Robotaxis

In a bold stride toward redefining urban transportation, China's Hellobike has teamed up with Ant Group and CATL to launch a dedicated robotaxi venture. With an investment of over 3 billion yuan (approximately $417 million), this collaboration aims to go beyond autonomous vehicles, laying the foundation for a green, intelligent, and deeply integrated mobility ecosystem.

Founded in 2016 by Han Mei, Jiang Wei, Li Kaizhu, and Yang Lei, Hellobike—officially Hello TransTech—has rapidly evolved from a modest bike-sharing startup into a shared mobility powerhouse. Headquartered in Shanghai, the company initially caught attention with its focus on accessible and scalable bike services. Its acquisition by Youon Bike in 2017 didn’t slow its pace; instead, Hellobike expanded into e-bikes, carpooling, and ride-hailing—building the operational backbone that now supports its robotaxi ambitions.

So, what’s behind this high-octane trio?

• Hellobike contributes its deep operational know-how and user-facing mobility infrastructure.
• Ant Group injects cutting-edge digital technologies like AI, blockchain, and carbon credit tracking into the venture.
• CATL, the battery titan, powers the vision with its advanced energy solutions—including sodium-ion batteries and battery-swap innovation.

Their combined goal is a smart “vehicle-battery-cloud” system aimed at slashing 150,000 tons of carbon emissions annually while increasing operational efficiency by 30%. The first phase includes deploying 100,000 electric vehicles and 500 intelligent battery-swap cabinets across 20 cities, including Shanghai and Chengdu.

This isn’t just another autonomous driving experiment—it’s a blueprint for how fintech, clean energy, and shared mobility can converge to create scalable solutions for 21st-century cities. For markets like India watching from afar, the Hellobike model might offer inspiration for how homegrown mobility players and tech giants could team up to catalyze similar change.

Rapido to Provide Free Rides During Odd-Even in Delhi

Rapido has now kick-started its services in the national capital - Delhi. With the launch mainly set to all the areas of Delhi, the prime focus is within central and south Delhi, targeting areas like Vasant Vihar, HauzKhas, Paharganj, Saket, Kamala Market, Tilak Marg, Rajiv Chowk, Chanakya Puri Tuglak Road Etc. to bring in the solution for last-mile commutes, especially the ones who use the metro services as frequently as every day. With the odd even scheme right around the corner, Rapido is all set to make their grand entry and winning hearts by offering free rides. A start-up from Bangalore with their latest funding round of series B has changed the game of today’s commute system.

When Rapido extensively started their services back in 2016 around Gurgaon, Noida, Ghaziabad & Faridabad, they offered free rides all through-out the odd-even rule. With an innumerable number of bookings they saw, they had a clear vision of what’s next in the pipeline for them.

Currently, the services are spread across all tiers of the country targeting all niche of commuters and making commute the least of their worries. Nirmal, Senior Expansion Manager for Rapido, says, “Rapido’s concept is based around providing convenient and high-quality transport facilities for solo commuters, especially those who need to travel far or have to get somewhere quickly."

With over 10 Million happy customers and their presence spread across 90 cities, Rapido is striving hard to reach a number of people every day and bring happiness in their lives by providing a fast and affordable source of transport.

The app can easily be downloaded from play store in an Android or IOS phone which will help you book your rides in no time! Customer App: go.onelink.me/Ewte/8c2c3d0e

About Rapido Bike Taxi

Rapido is a Bangalore based company who provides technology-based services for booking two-wheelers mobile application “Rapido”. Rapido’s services have been widely received in South India, and the company is looking to expand its reach across the country gradually. Rapido takes extreme care of its passengers as well as captains. They have a dual helmet policy where the helmet will be provided to both – Captain and the passenger for their safety and security. Also, shower caps are provided to passengers for their personal hygiene. The app has GPS, live tracking, SOS and live chat facilities too. It has an option for the users to share their ride with their trusted contacts. Moreover, all the rides with Rapido are insured, your insurance cover begins the second you are seated and ends when you reach your destination.

Bike Rental Startup Metro Bikes Raises $12.2 Mn from Sequoia, Accel, TaxiForSure Co-Founder

Bangalore-based Wicked Ride Adventure Services Pvt. Ltd, which operates online rental service for scooters and motorcycles via app Metro Bikes and brand name 'Bounce', has raised $12.2 million in a Series A funding round led by Sequoia Capital India, Accel Partners, Raghunandan G, co-founder of TaxiForSure, and a consortium of other investors have also participated this round.

The startup intends to utilize the funds in further scaling its network across Bengaluru, invest in a delivery model through innovations in technology and develop a pan-India presence by expanding to all major cities across India by 2020.

The startup, which recently changed its brand name to Bounce to avoid the confusion of being operational only in metro cities, has earlier raised $790,000 as seed fund in July 2015 followed by $1.5 Mn funding from Chandrasekhar Gopalan, chairman of Sutures India Pvt. Ltd, in February this year, according to data by Crunchbase.

Founded in May 2014 by Anil G, Varun Agni and Vivekananda Hallekere, Metro Bikes aka Bounce offers a dockless scooter sharing service allowing users to pick up the scooter from anywhere, ride to their destination and drop it off at any location.

The startup claims to be India's first smart urban mobility solution offering premium bikes including Harley Davidson, Triumph and Royal Enfield motorcycles. It charges on average ₹6 per kilometre from a rider.

Beside scooters and motorcycles, Bounce has also ventured into bicycles, electric pedalled bicycles and kick scooters.

In one of its future plans, the startup plans to eventually convert its entire fleet into electric vehicles and is in talks with partners in China and Taiwan to source such products.

H R Vivekananda, co-founder, Bounce, said that there is tremendous potential for innovation in the shared mobility segment given the major gap in last mile connectivity in intra-city travel. Market opportunity is around $4.5 billion.

Speaking about the funding, Shailesh Lakhani, managing director, Sequoia Capital India, said, "There has been a lot of attention on four-wheel shared mobility across the world. While it makes sense in other markets, a service like Bounce has immense potential in India, where limitations of space and cost has always made two-wheelers more popular."

"The network has the potential to be a category creator - being the first to offer an extremely cost-effective, personalised, motorised transport that fills a critical need gap in the Indian market — and Sequoia India is looking forward to being a part of this journey,” added Lakhani.

Last December, Y-Combinator backed Wheelstreet, touted as one of India’s largest motorbike rental platform, had launched a Dockless Commute platform for their users, which at that time was India's first. Prior to this, Mumbai-based self-drive bike rental platform ONN Bikes raised INR 4.5 crore from Venture Catalysts, Z Nation Lab and other angels.

Source - Business Standard

[Top Image ~ YourStory.com]

Bike Rental Startup Metro Bikes Raises $12.2 Mn from Sequoia, Accel, TaxiForSure Co-Founder

Bangalore-based Wicked Ride Adventure Services Pvt. Ltd, which operates online rental service for scooters and motorcycles via app Metro Bikes and brand name 'Bounce', has raised $12.2 million in a Series A funding round led by Sequoia Capital India, Accel Partners, Raghunandan G, co-founder of TaxiForSure, and a consortium of other investors have also participated this round.

The startup intends to utilize the funds in further scaling its network across Bengaluru, invest in a delivery model through innovations in technology and develop a pan-India presence by expanding to all major cities across India by 2020.

The startup, which recently changed its brand name to Bounce to avoid the confusion of being operational only in metro cities, has earlier raised $790,000 as seed fund in July 2015 followed by $1.5 Mn funding from Chandrasekhar Gopalan, chairman of Sutures India Pvt. Ltd, in February this year, according to data by Crunchbase.

Founded in May 2014 by Anil G, Varun Agni and Vivekananda Hallekere, Metro Bikes aka Bounce offers a dockless scooter sharing service allowing users to pick up the scooter from anywhere, ride to their destination and drop it off at any location.

The startup claims to be India's first smart urban mobility solution offering premium bikes including Harley Davidson, Triumph and Royal Enfield motorcycles. It charges on average ₹6 per kilometre from a rider.

Beside scooters and motorcycles, Bounce has also ventured into bicycles, electric pedalled bicycles and kick scooters.

In one of its future plans, the startup plans to eventually convert its entire fleet into electric vehicles and is in talks with partners in China and Taiwan to source such products.

H R Vivekananda, co-founder, Bounce, said that there is tremendous potential for innovation in the shared mobility segment given the major gap in last mile connectivity in intra-city travel. Market opportunity is around $4.5 billion.

Speaking about the funding, Shailesh Lakhani, managing director, Sequoia Capital India, said, "There has been a lot of attention on four-wheel shared mobility across the world. While it makes sense in other markets, a service like Bounce has immense potential in India, where limitations of space and cost has always made two-wheelers more popular."

"The network has the potential to be a category creator - being the first to offer an extremely cost-effective, personalised, motorised transport that fills a critical need gap in the Indian market — and Sequoia India is looking forward to being a part of this journey,” added Lakhani.

Last December, Y-Combinator backed Wheelstreet, touted as one of India’s largest motorbike rental platform, had launched a Dockless Commute platform for their users, which at that time was India's first. Prior to this, Mumbai-based self-drive bike rental platform ONN Bikes raised INR 4.5 crore from Venture Catalysts, Z Nation Lab and other angels.

Source - Business Standard

[Top Image ~ YourStory.com]

Wheelstreet Launches “Go”- India’s First Ever Dockless Commute in the Motorbike Rental Segment

Wheelstreet, one of India’s largest motorbike rental platform has launched a Dockless Commute platform for their users, this is a one of its kind model and is completely new to the Indian marketplace. Post YC Funding, Wheelstreet is expanding its offerings and looking at creating a niche in the motorbike rental market.

Dockless commute provides Point A to Point B transportation without any human intervention. The user will now be able to pick-up a bike with in 100mts, without any external/ third party involvement. This model is currently existing in countries such as US and China, Wheelstreet has taken the first mover advantage and introduced dockless commute for the ease of consumers.

Wheelstreet Go will make intra-city commute hassle free and allow the user to book a scooter rby merely scanning the QR Code on the scooter available at the user’s doorsteps. The recent trends in consumer preference has pushed many companies/ start-ups to get out of their comfort zones and provide the consumer with further ease while commuting daily.

“The dockless commute will solve a real problem in the Indian market. Technology enabled GPS, smart locks and immobilisers will ensure security of the bikes. We are excited with this newest feature of Wheelstreet and our consumers have reflected the same enthusiasm. We are also looking at adding 25,000 scooters to our existing fleet in the upcoming quarter.” – Adds Pranay Shrivastava, Co-Founder & CEO at Wheelstreet

“Wheelstreet is on a mission to solve traffic woes of commuters in India. The dockless commute has been launched in 3 specific regions in Bangalore including Koramangala, BTM and HSR Layout. We have observed the trends of early adopters in these areas and have received a hearty response with high repeat usage per day trying the dockless commute in the pilot phase!” – Adds Moksha Srivastava, Co-Founder & CMO at Wheelstreet

Zoomcar To Offer Bicycles For Rent At Rs 20 Per Hour

While cycling might not be that famous a sport among the current generation right now, it is important to bring that trend back considering the traffic and pollution situation that our cities are facing and the health issues we’re piling on because of our busy schedules.

Gauging the opportunity that lies ahead, several firms have come up with bicycle-sharing services of their own. Bangalore-based self-drive car rental startup Zoomcar is one such startup. The startup recently launched a tech-enabled bicycle-sharing service called Pedl.

After months of planning and testing out the model, Zoomcar has finally launched India's first app-based cycle renting platform. Though the startup is initially starting with 500 bicycles across three cities – Bangalore, Chennai, and Kolkata, it eventually plans on having at least 10,000 cycles on the road by the end of this year.

To be made available at Rs 10 for half an hour (Rs 20 per hour), the startup aims to make a Pedl bicycle available every 50 to 100 meters in Indian cities.

But, are Indian roads ready for bicycle rentals?

While on the face of it, Indian roads don’t seem so ideal for cycling, but Zoomcar co-founder and CEO, Greg Moran believes that it is more of a ‘chicken and egg kind of situation’ – “China didn’t have many cycle lanes when they started cycle rentals. As the service grew infrastructure was also built. It will happen here too. We got to take the leap. A business model has to come from the private sector. The government then works to create an ecosystem, like it is doing for e-cars.”

Zoomcar is hoping that bicycle rentals end up having a greater impact on Indian users than what was witnessed in China. While bicycle companies in the US offer their users a model where they can drop a bicycle anywhere and it gets automatically locked. The bike can then be unlocked via a QR code. However, in India, Pedl is planning to have drop points where bicycles can be easily parked.



“We look at India independent of China. If you look at our model it is different from what is done there. In China, the bicycles are abandoned. There is no thought process on making a user’s cycling experience consistent. We wanted to take a civic-minded approach, especially because India has infrastructural issues,” said Moran.

Moran also revealed that at present Zoomcar is in the midst of discussions with various governmental bodies to develop policies and design urban infrastructure that can prove helpful in propagation of dock-less cycle sharing across the Indian subcontinent.

While after cars, Zoomcar seems to be focused on capturing the bicycle rental market, it has no plans of entering into bike and scooter rentals anytime soon. This is preliminary because of regulatory hurdles that restrict the use of two-wheelers as commercial vehicles in India. However, according to Moran the firm has already evaluated the option and had also put it in a testing mode.

China’s bicycle rentals on-demand startup, Ofo, which is popularly also referred to as the Uber for Bikes, will soon enter the Indian market. The company, which became a unicorn earlier this year might grace the Indian market with its presence by the first half of next year.

While China’s bicycle rentals on-demand startup, Ofo is gearing to enter India early next year, its Indian counterpart self-drive car and bike rental firm Drivezy has decided to get ready for the challenge by raising a whooping Rs 65 crore ($10 million) in a part-equity and part-debt round recently.

It seems, the competition in the bike rental business in the country is going to spruce up like never before.

This development was first reported in MoneyControl.

[Image: NDTV Gadgets]

Zoomcar To Offer Bicycles For Rent At Rs 20 Per Hour

While cycling might not be that famous a sport among the current generation right now, it is important to bring that trend back considering the traffic and pollution situation that our cities are facing and the health issues we’re piling on because of our busy schedules.

Gauging the opportunity that lies ahead, several firms have come up with bicycle-sharing services of their own. Bangalore-based self-drive car rental startup Zoomcar is one such startup. The startup recently launched a tech-enabled bicycle-sharing service called Pedl.

After months of planning and testing out the model, Zoomcar has finally launched India's first app-based cycle renting platform. Though the startup is initially starting with 500 bicycles across three cities – Bangalore, Chennai, and Kolkata, it eventually plans on having at least 10,000 cycles on the road by the end of this year.

To be made available at Rs 10 for half an hour (Rs 20 per hour), the startup aims to make a Pedl bicycle available every 50 to 100 meters in Indian cities.

But, are Indian roads ready for bicycle rentals?

While on the face of it, Indian roads don’t seem so ideal for cycling, but Zoomcar co-founder and CEO, Greg Moran believes that it is more of a ‘chicken and egg kind of situation’ – “China didn’t have many cycle lanes when they started cycle rentals. As the service grew infrastructure was also built. It will happen here too. We got to take the leap. A business model has to come from the private sector. The government then works to create an ecosystem, like it is doing for e-cars.”

Zoomcar is hoping that bicycle rentals end up having a greater impact on Indian users than what was witnessed in China. While bicycle companies in the US offer their users a model where they can drop a bicycle anywhere and it gets automatically locked. The bike can then be unlocked via a QR code. However, in India, Pedl is planning to have drop points where bicycles can be easily parked.



“We look at India independent of China. If you look at our model it is different from what is done there. In China, the bicycles are abandoned. There is no thought process on making a user’s cycling experience consistent. We wanted to take a civic-minded approach, especially because India has infrastructural issues,” said Moran.

Moran also revealed that at present Zoomcar is in the midst of discussions with various governmental bodies to develop policies and design urban infrastructure that can prove helpful in propagation of dock-less cycle sharing across the Indian subcontinent.

While after cars, Zoomcar seems to be focused on capturing the bicycle rental market, it has no plans of entering into bike and scooter rentals anytime soon. This is preliminary because of regulatory hurdles that restrict the use of two-wheelers as commercial vehicles in India. However, according to Moran the firm has already evaluated the option and had also put it in a testing mode.

China’s bicycle rentals on-demand startup, Ofo, which is popularly also referred to as the Uber for Bikes, will soon enter the Indian market. The company, which became a unicorn earlier this year might grace the Indian market with its presence by the first half of next year.

While China’s bicycle rentals on-demand startup, Ofo is gearing to enter India early next year, its Indian counterpart self-drive car and bike rental firm Drivezy has decided to get ready for the challenge by raising a whooping Rs 65 crore ($10 million) in a part-equity and part-debt round recently.

It seems, the competition in the bike rental business in the country is going to spruce up like never before.

This development was first reported in MoneyControl.

[Image: NDTV Gadgets]

Bengaluru-based Car and Bike Rental Platform Drivezy Raises $10 Mn Funding

While China’s bicycle rentals on-demand startup, Ofo is gearing to enter India early next year, its Indian counterpart self-drive car and bike rental firm Drivezy has decided to get ready for the challenge by raising a whooping Rs 65 crore ($10 million) in a part-equity and part-debt round.

Formerly called JustRide, an equity investment totalling $5 million was made by American and Japanese investors, which included Axan Partners, Das Capital and IT Farm, while a consortium of banks and NBFCs including Mahindra Finance, ICICI Bank, Cholamandalam Finance and Shriram Finance have gone for a $5 million investment in debt in Drivezy.

Transportation is considered as backbone of any modern economy. However, rapid motorisation effectuates its own set of issues. While on one hand the burgeoning number of vehicles on road has become a menace in metros across India, a number of cities suffer from lack of good urban commuting solutions. The concept of car rentals may be simple, but it holds immense potential. Be it the positive impact of rental vehicles on the environment or reducing the number of vehicles out on the streets, the shared economy of self drive car rentals can be considered as a promising solution to a number of problems plaguing the urban India right now.

The startup will use the money raised to enter new markets across India and abroad, revealed Ashwarya Singh, CEO and co-founder, Drivezy in a statement. It will also use a part of the capital raised to create rental coins, its own private currency. Drivezy recently announced the launch of its private Initial Coin Offering (ICO). It has partnered with Japanese payment firm Anypay for the same. The startup plans on introducing bitcoin as a payment option as it believes by developing initiatives around it will allow for global ownership of its fleet.

“We have started accepting cryptocurrency such as bitcoin for transactions on our platform. We have seen 150-160 transactions through that mode so far,“ said CEO Ashwarya Singh in a statement to Economic Times.

Drivezy, which is currently claiming to earning an impressive Rs 1.3 crore in monthly revenues, is focused on scaling its fleet by more than six times to 8,000 divided 50-50 between cars and bikes. The company is focused on turning profitable by March next year.

[Image: Justdial]

Bengaluru-based Car and Bike Rental Platform Drivezy Raises $10 Mn Funding

While China’s bicycle rentals on-demand startup, Ofo is gearing to enter India early next year, its Indian counterpart self-drive car and bike rental firm Drivezy has decided to get ready for the challenge by raising a whooping Rs 65 crore ($10 million) in a part-equity and part-debt round.

Formerly called JustRide, an equity investment totalling $5 million was made by American and Japanese investors, which included Axan Partners, Das Capital and IT Farm, while a consortium of banks and NBFCs including Mahindra Finance, ICICI Bank, Cholamandalam Finance and Shriram Finance have gone for a $5 million investment in debt in Drivezy.

Transportation is considered as backbone of any modern economy. However, rapid motorisation effectuates its own set of issues. While on one hand the burgeoning number of vehicles on road has become a menace in metros across India, a number of cities suffer from lack of good urban commuting solutions. The concept of car rentals may be simple, but it holds immense potential. Be it the positive impact of rental vehicles on the environment or reducing the number of vehicles out on the streets, the shared economy of self drive car rentals can be considered as a promising solution to a number of problems plaguing the urban India right now.

The startup will use the money raised to enter new markets across India and abroad, revealed Ashwarya Singh, CEO and co-founder, Drivezy in a statement. It will also use a part of the capital raised to create rental coins, its own private currency. Drivezy recently announced the launch of its private Initial Coin Offering (ICO). It has partnered with Japanese payment firm Anypay for the same. The startup plans on introducing bitcoin as a payment option as it believes by developing initiatives around it will allow for global ownership of its fleet.

“We have started accepting cryptocurrency such as bitcoin for transactions on our platform. We have seen 150-160 transactions through that mode so far,“ said CEO Ashwarya Singh in a statement to Economic Times.

Drivezy, which is currently claiming to earning an impressive Rs 1.3 crore in monthly revenues, is focused on scaling its fleet by more than six times to 8,000 divided 50-50 between cars and bikes. The company is focused on turning profitable by March next year.

[Image: Justdial]

With Over 1900 Two-Wheelers, WheelStreet Is India's First Bike Renting Aggregator Platform

With startups like Zoomcar who rent out self-driven cars becoming increasingly popular, this trio got an idea for a startup in the similar space. A lot of foreigners and tourists mostly youngsters, rent bikes and travel rather than taking cars, which are more expensive and high maintenance on a trip. This has been a tradition for quite a while now, but this sector was very unorganized and chaotic, up until the advent of WheelStreet, Bengaluru-based startup offering bikes for rent.

THE IDEA

Launched in 2014, Wheelstreet provides a service much like ZoomCar, but with bikes and two wheelers. It is based on an aggregator model which connects the user with the various vendors. This is done via an online platform where a potential customer can view all the bikes available on rent along with their tariffs, pickup locations, and online payment options. They form the bridge between the service providers and the vendors. They offer variable rental durations, zero deposit and unlimited kilometers to our customers.

This platform not only organizes the sector and benefits the vendors but is also very useful to the customers as well. Problems like overcharging, lack quality control, unethical deductions and unavailability of the bikes customers need are just a few problems that customers face on a regular basis. With WheelStreet, these problems vanish because everything is now out in the open.

MEET THE MAKERS

The team behind the startup comprises of three co-founders - Pranay Shrivastava (CEO), Moksha Srivastava (CMO) and Mrityunjay Jha (COO).

Moksha Srivastava CMO and the Spokesperson for the startup. She is a Mass Communication and journalism graduate and post graduated from Indian Institute of Mass Communication, New Delhi. Interstingly, Moksha varied career also included a stint as a radio jockey for 92.7 BIGFM in 2012-2013.

Pranay Shrivastava is an engineering graduate currently holding position of CEO of the startup. He has been intern at Grabhouse as well, before starting Wheelstreet

Mritunjay Kumar is a fresh engineering graduate and belongs to the cit of Jhansi. He is currently looking WheelStreet operations in New Delhi area .

USP

There are plenty of people out there in the market who are renting out bikes, but we stand out because we are the first bike rental platform that is an aggregator and not a vendor in itself. Wheelstreet is a provider of technology and support to the bike rental industry and not another player in the market. The bikes you see listed on their platform come from various vendors at various locations. Rather than buying bikes and renting them out, they created a platform where vendors could list themselves and in turn helped organize this sector.

TARGET MARKET

The major target market for the startup comprises of tourists. These days tourists, and especially youngsters prefer to take bikes and explore rather than dragging around a car everywhere. Apart from this, foreigners who come to visit are also the kind of people who look for adventure on a bike. These two sectors of people are the ones being targeted by the startup.

FUNDING

Wheelstreet, in March 2016, has raised USD 0.5 million (around Rs 3.4 crore) from Broadbean Capital services, an early-stage seed, and pre-series A venture fund.

PLAN OF ACTION

Wheelstreet operates with around 2000 bikes comprising of Royal Enfield, Harley Davidsons, Kawasaki and more. They have completed over 20,000 rides in both Bangalore and Delhi till date and have received over 1,500 bookings per month. Wheelstreet is currently generating around INR 40 lakhs per month in revenue.

Next, on their agenda is geographical expansion. They have started with Delhi and moved to Bangalore too. Soon they plan to expand to Pune and Hyderabad as well and then they will move onto another 15 cities on their list.

With Over 1900 Two-Wheelers, WheelStreet Is India's First Bike Renting Aggregator Platform

With startups like Zoomcar who rent out self-driven cars becoming increasingly popular, this trio got an idea for a startup in the similar space. A lot of foreigners and tourists mostly youngsters, rent bikes and travel rather than taking cars, which are more expensive and high maintenance on a trip. This has been a tradition for quite a while now, but this sector was very unorganized and chaotic, up until the advent of WheelStreet, Bengaluru-based startup offering bikes for rent.

THE IDEA

Launched in 2014, Wheelstreet provides a service much like ZoomCar, but with bikes and two wheelers. It is based on an aggregator model which connects the user with the various vendors. This is done via an online platform where a potential customer can view all the bikes available on rent along with their tariffs, pickup locations, and online payment options. They form the bridge between the service providers and the vendors. They offer variable rental durations, zero deposit and unlimited kilometers to our customers.

This platform not only organizes the sector and benefits the vendors but is also very useful to the customers as well. Problems like overcharging, lack quality control, unethical deductions and unavailability of the bikes customers need are just a few problems that customers face on a regular basis. With WheelStreet, these problems vanish because everything is now out in the open.

MEET THE MAKERS

The team behind the startup comprises of three co-founders - Pranay Shrivastava (CEO), Moksha Srivastava (CMO) and Mrityunjay Jha (COO).

Moksha Srivastava CMO and the Spokesperson for the startup. She is a Mass Communication and journalism graduate and post graduated from Indian Institute of Mass Communication, New Delhi. Interstingly, Moksha varied career also included a stint as a radio jockey for 92.7 BIGFM in 2012-2013.

Pranay Shrivastava is an engineering graduate currently holding position of CEO of the startup. He has been intern at Grabhouse as well, before starting Wheelstreet

Mritunjay Kumar is a fresh engineering graduate and belongs to the cit of Jhansi. He is currently looking WheelStreet operations in New Delhi area .

USP

There are plenty of people out there in the market who are renting out bikes, but we stand out because we are the first bike rental platform that is an aggregator and not a vendor in itself. Wheelstreet is a provider of technology and support to the bike rental industry and not another player in the market. The bikes you see listed on their platform come from various vendors at various locations. Rather than buying bikes and renting them out, they created a platform where vendors could list themselves and in turn helped organize this sector.

TARGET MARKET

The major target market for the startup comprises of tourists. These days tourists, and especially youngsters prefer to take bikes and explore rather than dragging around a car everywhere. Apart from this, foreigners who come to visit are also the kind of people who look for adventure on a bike. These two sectors of people are the ones being targeted by the startup.

FUNDING

Wheelstreet, in March 2016, has raised USD 0.5 million (around Rs 3.4 crore) from Broadbean Capital services, an early-stage seed, and pre-series A venture fund.

PLAN OF ACTION

Wheelstreet operates with around 2000 bikes comprising of Royal Enfield, Harley Davidsons, Kawasaki and more. They have completed over 20,000 rides in both Bangalore and Delhi till date and have received over 1,500 bookings per month. Wheelstreet is currently generating around INR 40 lakhs per month in revenue.

Next, on their agenda is geographical expansion. They have started with Delhi and moved to Bangalore too. Soon they plan to expand to Pune and Hyderabad as well and then they will move onto another 15 cities on their list.

Bike Rental Startup Wicked Ride Launches A Unique Bike Ride To Bhutan

Wicked Ride, a Bengaluru-based luxury bike rental company, has announced the launch of ‘Ride to Bhutan’, a unique bike ride to the land of the Thunder Dragon. This 8 nights and 9 days trip to Bhutan is scheduled to commence on 18th February 2016. Wicked Ride will manage all the logistics including shipping the bikes, accommodation and the ride itself allowing you to spend your time exploring Bhutan's expansive wilderness and absorb the majestic views.

Riders have an option of bringing their faithful bikes along and Wicked Ride can arrange for them to be shipped to Siliguri and back. The route, that takes you through some of the well tread path through Paro, Thimphu, Punakha and Haa, often on some of the best roads among dramatic scenery, is quite an adventure and great fun.. No trip to Bhutan is complete without a trek to the Takhtsang (Tiger's Nest) Monastery. For many, it is the main reason for their first trip to Bhutan.

Bhutan a little piece of heaven, nestled between India, Tibet & China, has a good share of best of the mountains from all three countries. It welcomes you to explore the iconic Himalayan range offering stunning views of the mountains that always seem to give you a big hug, has great weather and the crisp fresh air that intoxicates your lungs.

While towns and cities are comfortably tucked into its many valleys and the people are happy to say hello, or Kuzoo-Tzangpo-La, The Land Of The Thunder Dragon serves beautiful Himalayan vistas, mountains and forests in a fairy tale setting, amazing architecture, great traditional art, new cuisine, awesome photographic opportunities, happy people and of course, an inspiring ride.

"The once in a lifetime experience for many, of enjoying the world’s last remaining Buddhist Kingdom in the way that gives maximum exposure to the Himalayan elements, riding a motorcycle”, said Vivekananda H.R, Co-founder of Wicked Ride. “Wicked Ride offers it at an unbelievable price of INR 35,000/- excluding bike rentals. This includes accommodation for 8 nights and 9 days, all breakfasts, all lunches, all evening meals, and an English-speaking tour guide. The exclusions would be air-transfers, fuel, entry fees to monuments, museums, other personal expenses like shopping and other personal liability etc. We know the best roads; we book the accommodations and lead each of our tours. You simply have a great time!"

Headquartered in Bengaluru, Wicked Ride, a start-up, was founded in 2014 by three friends, Vivekananda H.R., Anil G and Varun Agni, who did not find options to rent motorcycles (especially high end luxury bikes) in Bengaluru at the time. Realizing that there is a rather new audience to cater to, they set up a company and started renting bikes starting from Royal Enfield to Harley-Davidson. They believe in making your dream come true as a biker – be it riding the premium bikes or experiencing the inexplicable joy of riding in the best biking destinations.

Bike Rental Startup Wicked Ride Launches A Unique Bike Ride To Bhutan

Wicked Ride, a Bengaluru-based luxury bike rental company, has announced the launch of ‘Ride to Bhutan’, a unique bike ride to the land of the Thunder Dragon. This 8 nights and 9 days trip to Bhutan is scheduled to commence on 18th February 2016. Wicked Ride will manage all the logistics including shipping the bikes, accommodation and the ride itself allowing you to spend your time exploring Bhutan's expansive wilderness and absorb the majestic views.

Riders have an option of bringing their faithful bikes along and Wicked Ride can arrange for them to be shipped to Siliguri and back. The route, that takes you through some of the well tread path through Paro, Thimphu, Punakha and Haa, often on some of the best roads among dramatic scenery, is quite an adventure and great fun.. No trip to Bhutan is complete without a trek to the Takhtsang (Tiger's Nest) Monastery. For many, it is the main reason for their first trip to Bhutan.

Bhutan a little piece of heaven, nestled between India, Tibet & China, has a good share of best of the mountains from all three countries. It welcomes you to explore the iconic Himalayan range offering stunning views of the mountains that always seem to give you a big hug, has great weather and the crisp fresh air that intoxicates your lungs.

While towns and cities are comfortably tucked into its many valleys and the people are happy to say hello, or Kuzoo-Tzangpo-La, The Land Of The Thunder Dragon serves beautiful Himalayan vistas, mountains and forests in a fairy tale setting, amazing architecture, great traditional art, new cuisine, awesome photographic opportunities, happy people and of course, an inspiring ride.

"The once in a lifetime experience for many, of enjoying the world’s last remaining Buddhist Kingdom in the way that gives maximum exposure to the Himalayan elements, riding a motorcycle”, said Vivekananda H.R, Co-founder of Wicked Ride. “Wicked Ride offers it at an unbelievable price of INR 35,000/- excluding bike rentals. This includes accommodation for 8 nights and 9 days, all breakfasts, all lunches, all evening meals, and an English-speaking tour guide. The exclusions would be air-transfers, fuel, entry fees to monuments, museums, other personal expenses like shopping and other personal liability etc. We know the best roads; we book the accommodations and lead each of our tours. You simply have a great time!"

Headquartered in Bengaluru, Wicked Ride, a start-up, was founded in 2014 by three friends, Vivekananda H.R., Anil G and Varun Agni, who did not find options to rent motorcycles (especially high end luxury bikes) in Bengaluru at the time. Realizing that there is a rather new audience to cater to, they set up a company and started renting bikes starting from Royal Enfield to Harley-Davidson. They believe in making your dream come true as a biker – be it riding the premium bikes or experiencing the inexplicable joy of riding in the best biking destinations.