The New Mobility Accelerator is an initiative by WRI India Sustainable Cities, in partnership with CIIE, and supported by the Shell Foundation and Hewlett Foundation. The programme offers innovative early-stage mobility and transportation companies a chance to strengthen their core value propositions and quickly achieve scale, by facilitating structured interactions with domain experts, who guide them on various aspects of their businesses.
Four companies, out of over 70 applicants, are part of the programme lasting from May-October 2016, and have been working with us on refining their business models via improving vehicle utilisation, expanding access, and providing responsive, efficient, safe, and economical transport solutions:
- Commut (Hyderabad) is a tech-enabled commuter shuttle operator that run mini-bus services for daily office commutes.
- Dryve (Bengaluru) aims to be the most hassle-free, reliable, convenient and affordable two-wheeler rental service in India offering bikes for self-drive by the hour, day, or week, with an option to have the vehicles delivered right at your doorstep.
- HopOn (Bengaluru) is a SaaS-based employee transport management solution combining a robust ride request management platform with a vehicle and driver allocation system, including an integrated channel to track and siphon meaningful data for analytics and forecasting.
- Next2Metro (New Delhi) provides free, reliable and user-friendly information to users so that they can reach their desired destinations in minimum possible time with precise route description and direction.
The cohort has progressed through a series of intensive workshops covering all aspects of their company’s workings – from deep dives into their product strategy, to learning how to harness data to guide their product, business and branding decisions, all the way to crafting that perfect pitch. Each company has been using the framework of the programme to test out tweaks or additions to their current business model.
India’s transportation sector is the country’s second-largest source of carbon dioxide emissions, in addition to being responsible for traffic congestion, noise and air pollution and road safety hazards, especially in the country’s burgeoning urban centres. The success of the drive to make our cities “smarter” hinges on them having, at their core, reliable, affordable and sustainable transportation options. The explosive growth in India’s cities places a severe strain on basic infrastructure, and CIIE sees scope for substantial opportunities in complementing public transport systems with solutions for vehicle sharing and last-mile connectivity, to reduce the dependency on personal vehicles. Efforts like the New Mobility Accelerator will hopefully play a catalytic role in sparking the growth of a strong ecosystem geared toward answering these crucial questions.