In a country where first & last-mile connectivity is a struggle for a commoner, Oye! Rickshaw, the largest and fastest-growing EV mobility player in India, today, is addressing this problem for the real Bharat. Founded in January 2017 by IIT-Delhi alumnus Mohit Sharma and NITAllahabad alumnus Akashdeep Singh, Oye! Rickshaw today is an aggregator of 10,000+ e-rickshaws, operational in 6 cities of Delhi NCR, UP, and Haryana, having successfully completed 6 million rides and deliveries in 2021 alone. Founded with an aim to build an effective, organized & sustainable ecosystem around e-rickshaw to address hyperlocal mobility, logistics, and energy challenges while empowering millions of e-rickshaw drivers to live a better life, Oye! Rickshaw has plans to deploy 1,00,000+ commercial e-rickshaws in 2022 to achieve the annual revenue run rate target of Rs 4,500 million.
This story is from the February 2022 edition of Entrepreneur magazine.
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This story is from the February 2022 edition of Entrepreneur magazine.
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