Mobycy Flags Off India’s First-Ever Dockless Bicycles In Delhi NCR

Aimed at making India a greener, fitter cycling nation, Mobycy bicycles can be hired via its app

Mobycy, the Gurgaon-based Green Tech Company co-founded by Akash Gupta and Rashi Agarwal, flagged off India’s first-ever dockless bicycles in Delhi NCR. Mobycy is disrupting the mobility sector by introducing a unique and first-of-its-kind ‘Uber for bicycles’ model in India. Commencing operations with 5,000 Smart Bikes, the startup has made its dockless bicycles available across Gurgaon and spreading in parts of Delhi, Noida, and Faridabad.

The Smart Bicycles by Mobycy are meant to curb the growing menace of pollution and traffic congestion. Fitted with IoT locks and GPS tracking, these smart bicycles can be easily hired via the Mobycy app available on Android Playstore and Apple AppStore, unlocked with a QR Code and paid for digitally. Daily commuters can rent these bikes in public places like metro stations, bus stands, key markets and popular haunts like Huda Metro station, Galleria Market, Golf course road, North and South Campus of DU, Cyber Cityetc. Additionally, students from various colleges and universities, such as Amity Noida, Manav Rachna University Faridabad, and Delhi University etc. can now hire these Smart Bikes from Mobycy App at a subsidized subscription plans.

As the smart bicycles hit the roads, users can just download the Mobycy app, find the bicycles in the vicinity, unlock the bicycles with QR Codes and upon completion, park the bikes safely in the vicinity – with the only exception of gated community, private compounds etc. Looking at the big issue of last mile connectivity & pollution in Delhi NCR, the startup also aims to help users commute their last mile distance of 3-6 kilometers with their anytime, anywhere available bicycles.

The current model of Mobycy makes dockless bicycling highly affordable at about Rs 10 per hour ride, or less. Under the monthly plan, users will pay INR 99 for 2 hourly rides per day. Additionally, the users will have to sign up using their Aadhar identification and pay a nominal security deposit worth INR 999, which is completely refundable. For students, the security deposit is only INR 499 and signup will be using their college photo identification. While this is just the beginning, the startup is further aiming for an aggressive growth. Increasing the existing number of cycles to 50,000, Mobycy wants to expand to 12 more cities in next 6 months and 20 key cities by next year. 

 

  

New Delhi, December 15, 2017