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      OPPORTUNITY

      •Solving for urban public transport. (intra-city, daily commute)

      •Safe, reliable, affordable, comfortable.

      •Ride sharing (taxis) is not affordable for long distances.

      •Public transportation not suitable for car owners.

      •Congestion - 22M private cars are choking big cities.

      SOLUTION

      •App based booking & tracking.

      •Network optimization, efficient vehicle assignment.

      •Dynamic routing.

      •Live & active in 5 cities (NCR, Kolkata, Pune, Hyderabad & Mumbai).

      •98% subscription with high retention.

      •1M+ gross bookings per month.

      •Removed 14,000+ cars from Delhi roads.

      OPPORTUNITY

      •300M+ daily commutes.

      •Limited options for first and last mile connectivity.

      •Rickshaws, autos are unreliable, uncomfortable.

      •220M two wheelers on the road with 12% Utilization

      •70% of the time, second seat is driven empty.

      •30% owners are either unemployed or under employed.

      SOLUTION

      •Bike Sharing: Using existing two wheelers, no incremental capex.

      •App based booking & tracking.

      •Network optimization, dynamic pricing.

      •Present across 18 cities.

      •Over 40K registered Captains.

      •Gross rides > 1.5M per month.

      OPPORTUNITY

      •70Mn Mn daily commutes on public transportation.

      •Average time spent waiting at bus stop~ 40min.

      •30% revenue leakage in paper based ticketing Solution

      •Limited technology adoption.

      •Poor fleet utilization, uptime & productivity.

      SOLUTION

      •Route maps & real time ETA tracking for customers.

      •E-ticketing & GPS installs to drive efficiency & reduce leakage.

      •Active in 16,000+ buses. 17 of top 30 cities.

      •Processing 130 mn tickets / months.

      •Presence in Bhopal, Indore, Nagpur, Bangalore, Kolkata, Kochi, Delhi, Vijayawada.

      Opportunity

      •68% of daily commutes in India under 5 kms.

      •2mn E-rickshaws doing 140mn daily commutes.

      •Inefficient, non-optimized and unorganized E-rickshaw market.

      •Lack of on-demand, point to point or first mile visibility

      •Limited range due to older generation lead acid batteries

      Solution

      •App based aggregator using existing E-rickshaw supply

      •Implementing technology solutions to increase efficiency and expand capacity.

      •Introduced “Sheru Zones” to service multiple use cases beyond first and last mile.

      •On-demand booking and dynamic routing.

      •Lithium-ion battery swapping to 2x range.

    AdvantEdge Founders © 2021, All Rights Reserved. Early Stage Pre-Seed, Pre-Pre-Seed, Seed VC Fund, Startup Incubator Delhi, Gurgaon, Noida, NCR, India

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