Rickshaw Rising reaching final stages
Mumbai | January 27, 2014
The Rickshaw Rising Challenge closed on 20 December 2013. As a first-time attempt to support business solutions for urban congestion and transport problems, we were not sure what to expect. The outpouring of response from across the country (and globally) validates our belief that we need to support entrepreneur-driven sustainable transport solutions!
Despite little to no ecosystem support, entrepreneurs are already actively solving problems of last-mile connectivity, emissions, driver welfare, and consumer experience. They are creating ecosystems by building networks, organizing drivers, providing financial services, and improving existing informal systems. They are developing new technologies, analyzing data, designing cheaper and better products, and finding ways to monetize under-utilized assets.
We received 45 applications and are excited to invite the eight finalists to pitch for awards of $50,000 and 6-months business support:
AutoRaja (Chennai) is a social enterprise with twin-objectives of running autorickshaws on call, and helping create dignified lives for auto drivers by increasing business and facilitating access to institutional finance, affordable healthcare, and quality education.
Grinntech Motors (Dehradun) have developed a new approach to operate electric vehicles on the back of services associated with operation of electric auto rickshaws powered by a long life affordable battery. The idea is eco-friendly and technically as well as economically feasible and sustainable with better profit margins than existing transport systems.
Gyan Data (Chennai) provides solutions to various sectors that disrupt the status-quo through identifying unique domain-specific innovations that are supported by our advanced data analytics capabilities.
India Drivers Network (Bangalore) is a social enterprise to create an impactful livelihood platform for India's auto rickshaw drivers, dramatically improve the quality of commuting in Indian cities, and significantly reduce the environmental footprint from vehicular traffic.
Smart Commuting Services (Patna) is a last-mile connectivity specialist that is launching fleet auto services.
Terra Motors India (Gurgaon) creates last-mile public transportation infrastructure with its own electric rickshaw.
Three Wheels United (Bangalore) is a social enterprise addressing social, financial and environmental issues in the auto-rickshaw ecosystem through its unique three pronged solution - financial services, alternate channels of revenue, and bringing in shift to cleaner engines.
Ubida (Pune) address auto rickshaw hailing problems by providing auto rickshaws to the customers when they book through web / mobile app / IVR / phone.
-- The Rickshaw Rising Challenge supports business endeavors that have the potential to revolutionize India’s ubiquitous auto-rickshaw sector – a mode of transport that provides mobility to millions of people, but remains largely unorganized. The Challenge, launched by EMBARQ India and the Shell Foundation, is the first platform to support entrepreneurs that are changing the face of urban mobility in the country.
Read more: www.rickshawrising.com