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360Ride Launches its Ride-Sharing Service in Delhi NCR

139 Days ago

Business Wire India
360Ride, a Bengaluru-based start-up that offers a P2P-powered free ride-sharing platform for commuters, announces the launch of its ride-sharing services in the Delhi, Gurgaon and Noida region.
 
                                 
The new service is launched with an objective to enable the commuter to offer/share a ride with people travelling on the same route, thereby, reducing congestion and commuting fares as well. 360Ride launched its ride sharing services in Bengaluru last year in September2015, and has received tremendous recognition by the users so far.
 
Lokesh Bevara, CEO & Co- founder of 360Ride commented, “We have received remarkable acceptance of our ride-sharing services in Bengaluru and are very excited to launch our new service in Delhi, Gurgaon& Noida as well.  The odd-even mandate that was recently brought to action in Delhi signaled the need to reduce traffic congestion in the country. Extending that thought, we believe that the ride sharing segment in India has a huge potential for growth and is the best way to streamline the transportation system in India. It also offers an economical way to travel while reducing fuel and fare costs for the commuter.”
 
Quote by Shanthinagar MLA N A Haris said, Ridesharing as a concept is best suited for the clogged traffic scenario in this city as it gives you an opportunity to share a ride with people you’re comfortable with.  Moreover, as a customer you not only end up paying lesser, the cars and cabs on the road too are fully utilized. 360Ride, a ride-sharing platform with only verified users is taking a progressive step towards bringing economy, convenience& comfort of travelling as well as structuring mobility for over a billion Indians.”
 
Safety and feedback features such as ride sharing only with verified users, sharing of ride details, adding of emergency feedback and normal feedback have all been retained within the private car/bike pooling feature of 360Ride. With the density of cars on Delhi roads, car-parking hassles and frequent accidents due to traffic jams, carpooling services seem to be the need of the hour across the region and will help curb the transportation woes felt by commuters daily.
 
The free app allows its users to post or request a ride, without any registration or transaction charges. Users are then intimated via SMS or the 360Ride app after verification of their co-travellers. To enhance the comfort & convenience of passengers, rides can be shared exclusively by females.
 
Currently, the company is running a ride and earn offer for the commuters, where users can earn upto Rs 1200 by sharing their ride on 4 wheelers or 2 wheelers. This initiative is launched with an objective to motivate the users on sharing their ride with other co-travellers, thereby reducing dual problems of congestion and pollution on the roads.
 
About 360Ride
 
360Ride is a software company redefining urban transportation with the concept of intra-city ride-sharing via both two wheelers and four wheelers. Its real-time, ride-share technology platform enables users to share a ride on a car or a bike for travelling within the city, to the airport or intercity with verified users only.  
 
Based out of Bangalore, 360ride.in was launched in 2012 by first-generation entrepreneurs, Lokesh Bevara and Varaprasad Moida as myprepaidtaxi.com. Having been a part of the travel industry for the past 5 years, the duo had a firm pulse on the pain points of the city commuter. Their in-depth industry insights helped them come up with the practical solution of pooling.

Photo Caption: Lokesh Bevara, Co- founder & CEO, 360Ride

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