Bike taxis in India
When one looks at Indian roadways, it becomes clear that the country is dominated by two-wheelers. By December 2018, India had over 240 million registered cars, with seventy-five percent of them being two-wheelers. Millions of Indians, from office workers to bike enthusiasts, ride their bikes every day. More two-wheeler vehicles on the road equal more frequent traffic jams.
Bike taxis provide two-way benefits: riders may use an app to request a cheap bike trip, and bike owners can make money by providing rides to people in their towns. The premise is straightforward. The rider can book a bike taxi using a chosen bike-taxi service provider’s app, obtain the driver’s contact information, and an estimate of when he will arrive at your location for pick up. Before they start giving trips, all drivers offering bike taxi services are vetted and have valid 2-wheeler insurance coverage.
In numerous Indian cities, bike taxis have become one of the most economical modes of transportation for everybody. Riders just have to pay a little fee. The amount of traffic on Indian roadways is steadily increasing, making it harder for people to save time when traveling. Numerous bike-taxi companies guarantee that a rider adapts to more environmentally friendly modes of transportation. These businesses specialize in providing last-mile connectivity.
What is Baxi?
Baxi, headquartered in Gurgaon, Haryana, is India’s first on-demand motorcycle taxi firm. Baxi collaborates with motorcycle taxi drivers (Baxi friends) to provide the average man with the option to be an entrepreneur rather than an employee. The firm has already completed 10,000 rides and quadrupled its fleet within a month of starting operations.
The firm earned $1.5 million in one of the country’s largest seed rounds, which was led by HT Media and included 25 other notable private investors. Baxi began commercial operations in Gurgaon in December 2015, and in January 2016, it expanded to Faridabad, making it the country’s largest and fastest-growing motorcycle taxi company. It is now focusing on growing its operations throughout Haryana, India, as well as establishing operational excellence in the locations where it operates. Alok Mittal; co-founder of finance firm Indifi Technologies, Ramesh Awtaney, founder and chairman of information technology business ISON Technologies; Mohit Khurana and Deekshant Sahrawat, co-founders of Roots Education; and Ashish Chhaparwal, creator of US-based children transportation service KidzJet, are among the new investors in the round. The business last received the money in November 2015, when a group of high-net-worth people gave it $1.4 million in initial capital.
Ashutosh Johri, Founder
After 20 years in the industry, a seasoned IT & Telecom specialist became an ecstatic entrepreneur in Gurgaon, where he founded BAXI – The Bike Taxi, India’s first on-demand motorbike taxi service, to offer the most effective transportation alternative to the solitary commuter in India. He is still a senior consultant in the IT & Telecom space, focusing on Business Strategy, Partnerships, and Policy and Regulation. . In the past he has worked with Siemens, Motorola (Iridium), Ericsson, IBM, and Cisco. His most recent work profile was as CEO of MARA-ISON Technologies, a Nairobi-based IT services firm with operations in 20 African and Asian countries.
He founded ‘Baxi’ in 2015 along with Manu Rana, which allows low-wage employees to purchase personal motorbikes. The company also provides businesses with hyperlocal delivery options and also assists them in empowering their employees by giving them a mode of transportation for their families.
Extension of services
Baxi aims at extending its services to incorporate hyperlocal delivery options. Baxi will utilize funds to create a hyperlocal ordering app for grocery, personal care items, medicines, health supplements, food, and dairy goods. For that purpose, the business has collaborated with Patanjali, a fast-moving consumer products company. Baxi will give motorcycles to Patanjali staff at all of its retail locations as part of the partnership. Customers may place orders using the Baxi app, which can be downloaded from the Google Play Shop or the App Store.