Mobycy is an online cycle and scooter sharing platform. This platform works with the aim to resolve last mile connectivity problems between office, metro, school, and residential areas. Mobycy is transforming the green public transportation regime in Gurugram. The company has introduced self-designed e-scooters. Till now 100 e-scooters are in operation. The company plans to extend its reach to other regions of NCR as well.
Gurugram: Mobycy was founded in 2017. Akash Gupta is the founder of Mobycy. With the growing awareness of using cycles and rising pollution levels, the popularity of cycles has increased for last mile connectivity. Mobycy’s cycles are QR code-enabled making them dockless. The e-scooters introduced have the same feature with upgrades like remaining battery and runtime indicator.
Mobycy is not the only firm in this field. Zypp has introduced 300 scooters in the NCR region. Zypp plans to have 5000 scooters by end of another 6 months. Mobycy is in work to start its service in Hyderabad for connectivity to metro stations.
Mobycy faces competition from global players like Ofo and Mobike. Firms like Zoomcar owned PEDL, Ola PEDL, and Yulu have started their operations in few cities. Expanding the bicycle sharing market is tougher in India. Due to less parking places and lack of awareness in less developed cities.
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For companies like Mobycy and others, they need to resolve these issues. In addition, the government should employ constructive measures to uplift these startups. Currently, the growth of these startups is at standstill.