Tag: uber

  • Top 22 Viral Marketing Examples

    The number of netizens accessing the internet has increased with the arrival of JIO in India as it offers low-cost data plans and cheaper smartphones, which let them surf the world easily. Due to this, more people are found to be active online.

    Taking an edge over this, various companies come up with unique marketing strategies in order to make their brand viral. One of those strategies is known as Viral Marketing.

    Viral Marketing is a business strategy that uses a social media platform to promote a product or service. In other words, it is a digital marketing strategy that tries to convince the customer to become a brand advocate of the existing products/services.

    It encourages people to share with other people to reach a larger audience, thereby making the advertisement go viral, much in the same way that a virus spreads from one person to another.

    Top Viral Marketing Campaigns

    Some of the best examples of viral marketing campaigns are:

    1. Zoom Virtual Background Challenge
    2. Apple: Shot on iPhone
    3. Dove Real Beauty Sketches Campaign
    4. Red Bull – Red Bull gives you wings
    5. iHeartDogs: 0% off
    6. Twitter’s Launch Campaign
    7. Uber’s Launch Campaign
    8. Spotify Co-marketing with Facebook
    9. Dropbox Referral Offer
    10. “I Want Mint” Badge
    11. ALS Ice Bucket Challenge
    12. Pepsi – Halloween Advertising
    13. Oreo – Dunk In The Dark Campaign
    14. Domino’s – Domin-oh-hoo-hoo
    15. Cadbury’s – Gorilla
    16. Snickers – You’re Not You When You’re Hungry
    17. Wendy’s – Chicken Nugget Retweet Challenge
    18. Coca-Cola’s “Share a Coke” Campaign
    19. Dollar Shave Club
    20. L’Oréal – Because You’re Worth It
    21. Nike – Just Do It
    22. McDonald’s – I’m Lovin’ It

    1. Zoom Virtual Background Challenge

    Zoom Virtual Background Challenge - Viral Marketing Examples
    Zoom Virtual Background Challenge – Viral Marketing Examples

    When people got stuck at home due to Covid-19, Zoom came up with a great social media campaign contest and giveaway.

    Zoom, a video conferencing platform, had come up with a Virtual Background Competition in March 2020. It introduced the monthly competition for remote workers. They could share videos or pictures using Zoom’s virtual background feature. A monthly competition with three prizes per month.

    How did Zoom perform? Over 50,000 people signed up just to take part in the competition. Another great thing was customer value-added service. This campaign brought new people to Zoom and got them to explore different features. A good way to make sure customers learn and recommend further.

    This campaign became the most successful viral marketing campaign on social media in 2020.

    2. Apple: Shot on iPhone

    Shot on iPhone - Viral Marketing Examples
    Shot on iPhone – Viral Marketing Examples

    Being an iconic brand in the market, even Apple requires a marketing strategy that would help them retain their customers. With the launch of the iPhone X, Apple put out its ‘Shot on iPhone’ campaign to promote how amazing their cameras were.

    The company focused on the “selfie” aspect that people can share on social media, which created a huge buzz among people. They find it a great product. The camera quality made people start filming and creating content. These beautiful pictures do not have any direct link to the brand except for the tag – Shot on iPhone.

    People have started sharing the Shot images and videos on iPhone. The campaign became a great hit because of the memes. Apple has successfully portrayed itself as the best camera phone for all camera lovers or content creators out there.

    Again, this is an innovative way to remind their presence and the quality of their products.


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    3. Dove Real Beauty Sketches Campaign

    Then, there is another viral marketing campaign brought by Dove. In 2004, Dove came up with the Real Beauty Sketch campaign. The purpose of the campaign was to let women know that they’re more beautiful than they think.

    In this video marketing, the artist draws two sketches of a woman – one that she herself helps him to create and another described by somebody. The video went viral globally by spreading the brand message and belief in confidence.

    Dove conducted a study and analyzed that only 2% of women considered themselves beautiful. So, they conceived the idea of using real women rather than models for their ads. The marketers tried to deeply touch the emotions of the people through this campaign. It reached a high point in 2013 which was watched over 114 million times within a month. The third most successful shared ad of all time!

    A little bit of market research and addressing customer pain points can achieve phenomenal results.


    Dove Marketing Strategy – How It Stand Out Among Its Competitors
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    Red Bull – Red Bull gives you wings

    Red Bull Gives You Wings - Viral Marketing Example
    Red Bull Gives You Wings – Viral Marketing Example

    A name without which the list of the most viral marketing examples would be incomplete is Red Bull. Red Bull’s “Red Bull Gives You Wings” campaign, launched in 1992, has become one of the most iconic slogans. The ads often show people doing extreme things like skydiving, showing how Red Bull helps them push their limits.

    The animated ads, with characters growing wings after drinking Red Bull, have become a key part of the brand. With the campaign reaching over 170 countries, it has lasted for over 30 years. Red Bull’s consistency in messaging has made this campaign one of the most recognisable and impactful in the history of marketing.


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    4. iHeartDogs: 0% off

    iHeartDogs is a company that was established for the purpose of social welfare. Every time people buy their products, they donate meals to dog shelters. Keeping to their core, the company started running ads on Facebook to attract more people to donate.

    The campaign said that they would provide nothing for buying their products. Instead of discounts, they promised to double donations from purchases made over the weekend. They launched a 0% off campaign from Black Friday to Giving Tuesday. The ad on Facebook read 0% off, but the company ended up quadrupling sales.

    They had aimed to provide meals to 100,000 dogs in need but ended up providing 200,000 instead. The sales were four times more than expectations, with over 500,000 people reaching out from just Facebook. As the cause was social, it went viral on social media.

    5. Twitter’s Launch Campaign

    Twitter (Now X), a microblogging platform, has set a great example of viral marketing.

    The South by South West (SXSW) conference brings together thousands of millennials interested in music, interactive media, and film every year. The SXSW is held in Austin, Texas. Twitter, as a startup, negotiated with the organizers to place huge screens around the venue. These were updated with real-time messaging, and attendees with Twitter accounts participated in the campaign and promoted the brand.

    This created a massive impact, demonstrating the arrival of a new social media age. Twitter gained a new reputation and many new subscribers who wanted to become part of something new. Thus, overall a very successful viral marketing campaign.

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    6. Uber’s Launch Campaign

    Another great example of viral marketing incidentally took place in Austin, Texas.

    Uber became a social sensation at the South by South West festival. They offered free rides to attendees during the conference and festival. This created a sensation during the event, and people started discussing it on social media. Wouldn’t you? Everyone wants to experience free service, and that too in such a style! The deluge of information back and forth was so much that a social media platform collapsed.

    Targeting the right people at the right time is very important. Young participants of SXSW no doubt took to social media, and in no time, it went viral.

    7. Spotify Co-marketing with Facebook

    Spotify Co-Marketing With Facebook - Viral Marketing Examples
    Spotify Co-Marketing With Facebook – Viral Marketing Examples

    Ever wondered how Spotify achieved such fame in a short time?

    Spotify, a startup founded in Sweden in 2008, provides audio streaming and media services. It had started with free service for UK customers in February 2009, and by September, it had to halt free service and rely on invite-only. Then in 2011, it initiated co-marketing with Facebook to solidify its position. A personal playlist can be published on a user’s Facebook page; at the same time, another user can listen to it with a single click.

    As of the second quarter of 2021, Spotify has 165 million premium subscribers worldwide and is available in more than 15 countries, including the UK, the US, and the MENA region. This is another great example of how a simple collaboration with social media has made the startup go viral and increased users, especially where services are based on a Freemium model.


    Spotify Wrapped: The Successful Viral Marketing Campaign by Spotify
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    8. Dropbox Referral Offer

    Another great example of viral marketing was set by Dropbox. Dropbox is the go-to cloud storage service to save your files and data. The best part is that once stored in a virtual space, you can share and sync your files without the hassle of sending attachments individually.

    They set a great example of affiliate marketing that went viral. Dropbox offered 500 MB of free storage for every referral and signup by an existing customer. What happened? Well, Dropbox saw registration shoot up by 60%. Even now, a major part of new customers is derived from word of mouth.

    By offering a reward to an existing customer, they achieved effective marketing by customers and a great loyal customer base. And when most of your customers are businesses, their reach is huge. Dropbox has over 500 million users as of 2016 and is poised to cross over a billion users soon.

    It is not always necessary to come up with funny content to become viral. The company can reach a larger audience even by offering that customers are ready to accept.

    9. “I Want Mint” Badge

    I Want Mint Badge - Viral Marketing Examples
    I Want Mint Badge – Viral Marketing Examples

    If you talk about the startups that received so-called overnight success, then Mint is one of them. Mint proved that with its unique marketing strategy and great product for content creators. Mint used its blogs to create awareness and gave special benefits to users who put “I Want Mint” badges on their blogs or social media pages. That was great free advertising!

    They were able to make customers feel special without spending money. From this badge, Mint got free advertising on 600 different blogs from both normal people and influencers. Further, achieved recognition as providing useful information and being concerned about users. This way, it attracted more users and bloggers to write blogs on Mint for free.


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    10. ALS Ice Bucket Challenge

    ALS Ice Bucket Challenge – Viral Marketing Examples

    This Ice Bucket Challenge is also known as the ALS Ice Bucket Challenge. The campaign was started to promote awareness of the disease Amyotrophic Lateral Sclerosis and encourage donations to research. Many big personalities like Bill Gates, Oprah Winfrey, and Justin Bieber took part in the campaign to raise awareness. It is one of the best examples of viral marketing.

    They have been seen pouring a bucket of ice water on their heads either by themselves or someone else, which attracted people around the world to take part in the campaign. The campaign went viral on social media and helped the organization raise over $220 million. It became the fifth most popular Google search in Google 2014. Even after the campaign, the donations to ALS remained 25% higher than a year before the campaign.

    ALS was able to raise awareness by breaking the mold and doing something out of the box.

    11. Pepsi – Halloween Advertising

    Pepsi Halloween Advertising - Viral Marketing Examples
    Pepsi Halloween Advertising – Viral Marketing Examples

    Pepsi‘s advertising campaigns for Halloween have been highly successful in capturing the public’s attention and generating buzz for the brand. One of their most notable accomplishments was the 2013 “Cola-Cola” ad, which featured a can of Pepsi wearing a red cape, clearly referencing Coca-Cola’s iconic branding. The ad’s humor and clever wordplay resonated with audiences, making it a viral sensation.

    Another successful Pepsi Halloween campaign was the 2017 “Monster Mirror” stunt. In partnership with Odeon Cinemas, Pepsi installed augmented reality mirrors in cinema restrooms. When moviegoers looked into the mirrors, they were transformed into various Halloween characters, such as clowns, werewolves, and zombies. The interactive experience was a fun and engaging way to promote Pepsi during the spooky season.

    Their Halloween advertising campaigns have been consistently successful, helping the brand achieve several key objectives, including increased brand awareness, positive brand association, enhanced customer engagement, viral marketing success, and competitive advantage.

    12. Oreo – Dunk In The Dark Campaign

    Oreo Dunk In The Dark Campaign - Viral Marketing Examples
    Oreo Dunk In The Dark Campaign – Viral Marketing Examples

    Oreo’s “Dunk in the Dark” campaign was a brilliant example of real-time marketing that capitalized on an unexpected event to generate massive buzz for the brand. During Super Bowl XLVII in 2013, a power outage plunged the stadium into darkness. Within minutes, Oreo’s social media team seized the opportunity and tweeted a simple yet effective message: “Power out? No problem. You can still dunk in the dark.” The tweet, accompanied by an image of a solitary Oreo cookie against a black background, went viral instantly.

    The “Dunk in the Dark” campaign was one of the successful viral marketing campaigns for Oreo. The tweet was retweeted over 15,000 times and liked over 20,000 times on Facebook. The campaign also generated significant media coverage and led to a surge in Oreo sales.


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    13. Domino’s – Domin-oh-hoo-hoo

    Domino’s Domin-oh-hoo-hoo – Viral Marketing Examples

    Domino‘s “Domin-oh-hoo-hoo” campaign was a smart and efficient viral marketing tactic that aimed to encourage group ordering and re-engage customers as the world emerged from the pandemic. The campaign centered on a catchy yodel, “Domin-oh-hoo-hoo,” which served as a call to action for ordering pizza with friends and family. The campaign was highly effective in creating buzz and generating sales for the company, and it helped to strengthen customer loyalty.

    The campaign was a resounding success for Domino’s, achieving its objectives of increased brand awareness, enhanced customer engagement, promoted group ordering, rejuvenated brand image, and measurable sales growth. The campaign’s success highlights the power of viral marketing to achieve tangible business outcomes.

    14. Cadbury’s – Gorilla

    Cadbury’s Gorilla – Viral Marketing Examples

    The iconic Cadbury‘s Gorilla commercial of 2007 remains etched in the memories of many. Set to the familiar tune of Phil Collins’s “In the Air Tonight,” the advertisement features a gorilla passionately playing the drums. Concluding with the tagline “a glass and a half full of joy,” it suggests that consuming Cadbury’s brings happiness.

    This ad, crowned the UK’s favorite by Marketing Magazine, stands out for its unconventional approach and wild creativity, earning affection from viewers. Interestingly, the director revealed that the idea was initially rejected before winning over the team with its immediate and emotional impact. This underscores the effectiveness of campaigns that defy norms and evoke strong emotions.

    The commercial’s success lies in the perfect blend of creativity, a catchy, well-known song, and the inclusion of a remarkably lifelike gorilla. Cadbury’s reported a boost in profits, affirming the commercial’s positive impact on their brand.


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    15. Snickers – You’re Not You When You’re Hungry

    Snickers You’re Not You When You’re Hungry - Viral Marketing Examples
    Snickers You’re Not You When You’re Hungry – Viral Marketing Examples

    Snickers’ “You’re Not You When You’re Hungry” campaign is a prime example of a successful viral marketing strategy that effectively tapped into a universal human experience – hunger-induced mood swings. The campaign’s core concept was simple: people tend to become exaggerated versions of themselves when hungry. This relatable theme was brought to life through a series of humorous commercials that featured everyday people transforming into outlandish caricatures of themselves when they failed to satisfy their hunger pangs. The tagline ‘You’re Not You When You’re Hungry’ perfectly encapsulated the campaign’s message, making it instantly recognizable and memorable.

    The commercials were entertaining and resonated with audiences on a deeper level as they touched on a common human struggle. The campaign’s impact extended beyond mere entertainment, as it successfully linked hunger-induced mood swings to the need for a Snickers bar, positioning the product as a solution to these temporary personality changes. The campaign’s global reach, celebrity endorsements, and catchy tagline further amplified its impact, transforming it into a cultural phenomenon and cementing Snickers’ position as a brand that understands and empathizes with consumers.

    16. Wendy’s – Chicken Nugget Retweet Challenge

    Wendy’s Chicken Nugget Retweet Challenge - Viral Marketing Examples
    Wendy’s Chicken Nugget Retweet Challenge – Viral Marketing Examples

    Wendy’s Chicken Nugget Retweet Challenge is a remarkable example of a viral campaign, masterfully leveraging social media engagement and gamification to generate immense buzz for the brand. In 2017, Wendy’s initiated a challenge on Twitter, asking users to retweet a post to determine the number of retweets required to win a year’s supply of chicken nuggets. This seemingly simple concept ignited a viral phenomenon, with users actively retweeting the post to achieve the seemingly impossible goal of 18 million retweets.

    The Wendy’s Chicken Nugget Retweet Challenge, counted among notable viral content examples, was a resounding success, showcasing the power of viral marketing to generate buzz, increase brand awareness, and drive positive brand associations. The campaign’s creative concept, gamification elements, ambitious goal, social media engagement, and active involvement from Wendy’s all contributed significantly to its remarkable success.

    17. Coca-Cola’s “Share a Coke” Campaign

    Coca-Cola’s “Share a Coke” campaign – Viral Marketing Examples

    In 2011, Coca-Cola launched the “Share a Coke” campaign, which was a revolutionary viral marketing strategy that changed the way brands interact with customers. The campaign’s main idea was straightforward but impactful: to replace the iconic Coca-Cola logo with popular names on bottles and cans, thereby urging people to share a Coke with their loved ones. This approach was a huge success, resulting in increased brand engagement and consumer satisfaction.

    The personalized bottles created a sense of belonging and recognition, making each Coke feel unique and special. People eagerly sought out their names and those of their friends and family, sharing their discoveries on social media platforms. The campaign’s emotional appeal resonated with consumers on a deep level, creating a lasting connection with the brand. Moreover, the campaign’s adaptability allowed it to evolve over time, incorporating popular nicknames, titles, and even cultural references, ensuring its relevance to diverse audiences worldwide.

    18. Dollar Shave Club

    Dollar Shave Club - Viral Marketing Examples
    Dollar Shave Club – Viral Marketing Examples

    Dollar Shave Club’s 2012 viral marketing campaign, featuring a humorous and relatable founder pitching his company’s affordable razor subscription service, became an instant sensation, revolutionizing the shaving industry and establishing Dollar Shave Club as a household name. The campaign’s success can be attributed to its ability to combine humor, relatability, social media amplification, direct-to-consumer approach, and authenticity to connect with consumers on a deeper level.

    The campaign’s humor and relatability were key to its virality, making it one of the notable viral content examples. The founder’s self-deprecating style and candid approach to shaving-related woes resonated with viewers, making the brand approachable and memorable. The catchy tagline, “Our blades are f***ing great,” and the clear call to action, “Get your first shave for $1,” enhanced the campaign’s effectiveness.

    19. L’Oréal – Because You’re Worth It

    L'Oreal Because You're Worth It   - Viral Marketing Campaigns
    L’Oréal Because You’re Worth It – Viral Marketing Examples

    L’Oréal‘s “Because You’re Worth It” tagline, introduced in 1997, resonates with women worldwide and drives brand loyalty. The tagline’s success lies in empowering women with a simple yet powerful message of self-worth and confidence, which transcends boundaries and adapts to changing trends.

    The tagline’s effectiveness is evident in its significant benefits to L’Oréal. The tagline has increased brand awareness, fostered a positive brand perception, enhanced customer loyalty, driven sales growth, and impacted women’s self-perception and empowerment worldwide. It has become a cultural touchstone, inspiring women to embrace beauty and worth. Overall, L’Oréal’s “Because You’re Worth It” tagline is a testament to the power of meaningful messaging and emotional connection in creating successful and enduring marketing campaigns.

    20. Nike – Just Do It

    Nike Just Do It - Viral Marketing Campaign Examples
    Nike Just Do It – Viral Marketing Examples

    Nike‘s “Just Do It” campaign, launched in 1988, brought about a revolution in advertising with its simple yet powerful message of empowerment and motivation. The tagline’s universality and relatability resonated with people of all ages, backgrounds, and athletic abilities, inspiring them to take action and strive for their goals. The campaign’s emotional connection, association with renowned athletes, and cultural impact further amplified its reach and influence.

    Nike’s “Just Do It” campaign has been tremendously advantageous for the company. The campaign has played a pivotal role in increasing brand recognition, improving brand image, and leaving a lasting cultural impact. The campaign’s consistent and adaptable approach has ensured its continual relevance, making it a symbolic representation of personal accomplishment and a source of motivation for future generations. Overall, Nike’s “Just Do It” campaign serves as a powerful example of how impactful messaging and emotional connection can lead to successful and long-lasting marketing campaigns.


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    McDonald’s – I’m Lovin’ It

    McDonald’s I’m Lovin’ It Viral Marketing Campaign

    McDonald’s “I’m Lovin’ It” campaign, launched in 2003, is one of the most popular viral marketing examples of all time. The catchy jingle, written by Justin Timberlake, and its simple and quirky message connected with the customer globally, helping McDonald’s create a strong brand identity. It spread through TV, digital media, and in-store promotions, becoming viral in no time and increasing customer engagement.

    The campaign’s success was also due to its local adaptations. McDonald’s worked with regional celebrities and influencers to make the message feel personalized. This strategy made “I’m Lovin’ It” not just a slogan but a symbol of McDonald’s global reach and connection with its customers.

    Conclusion

    Marketing is an essential element for any business, startup, or established organization to tell customers how awesome their product is and why they should buy it. There are innovative ways to promote your product. Now that you know the various examples of viral marketing campaigns, you can apply this to make your brand go viral and reach a larger target audience. Not all viral campaigns have to be funny or shocking. It can go viral for both positive and negative reasons if you can deeply touch customers’ emotions by spreading the brand’s message.

    FAQs

    What is viral marketing?

    Viral Marketing is a business strategy that uses a social media platform to promote a product or service. In other words, it is a digital marketing strategy that tries to convince the customer to become a brand advocate of the existing products/services. It encourages people to share with other people to reach a larger audience, thereby making the advertisement go viral, much in the same way that a virus spreads from one person to another.

    Why is viral marketing important?

    Viral marketing is important as it helps to reach a larger target audience, which results in increased sales revenue.

    What is a viral marketing example?

    One of the examples of viral marketing is the ALS Ice Bucket Challenge. Many celebrities and big personalities agreed to dump a bucket of ice water on their heads to raise awareness of ALS and generate donations. The ice bucket video created a huge sensation on social media that enormously increased awareness of ALS.

    How do you carry out a viral content marketing campaign?

    8 Secrets to go viral on Social Media are:

    • Master the target audience
    • Select the appropriate social media platform
    • Create content with high engagement
    • Time content for maximum reach
    • Boost visibility with advertising
    • Partner with a social media influencer
    • Measure performance to create better campaigns in the future
    • Provide a clear call to action

    What is the best viral marketing campaign?

    The Best viral Marketing Campaigns of all time are:

    • Nike: “Just Do It”
    • Apple: “Get a Mac”
    • Pepsi: “Is Pepsi OK?”
    • IHOP: “IHOb”
    • Absolut Vodka: “The Bottle”
    • Red Bull: “Stratos”
    • Marlboro: “The Marlboro Man”
    • Dos Equis: “The Most Interesting Man in the World”

    What kind of content goes viral?

    The contents that are based on trending topics and are capable of evoking intense emotional responses are likely to go viral.

    How many companies use buzz marketing?

    There are many companies that use buzz marketing. Ranging from Dunkin’ Donuts and Domino’s Pizza to Unilever, Spotify and others use buzz marketing.

  • Uber introduces its “Uber One” loyalty plan in India

    Uber has made a big step to increase customer loyalty in India’s fiercely competitive ride-hailing sector by launching its global subscription programme, Uber One. According to media sources, the programme, which now has over 25 million subscribers worldwide, offers a variety of incentives aimed at luring regular users.

    According to sources, Uber One is offered at three tiers to accommodate different spending limits and usage habits. While quarterly and yearly plans cost INR 349 and INR 1,499, respectively, monthly memberships cost INR 149. These price options provide users affordability and flexibility, making Uber One a desirable alternative for frequent commuters.

    Perks of Being a Member

    Consumers can receive up to 10% in credits for their rides, which can be used for all of Uber‘s services, including two-, three-, and four-wheelers. One can use these credits on rides in the future. Customer service will be given priority to Uber One members. Additionally, Uber One subscribers will have access to the best drivers for available journeys.

    Compared to non-members, Uber One members spend three times as much. Additionally, member retention rates are higher. And with 25 million members, increasing 70% year over year, one can see the momentum in that area of the business as well, according to Uber CEO Dara Khosrowshahi.

    The introduction of Uber One coincides at a pivotal moment for Uber in India, as the ride-hailing giant is increasingly up against competition from more recent platforms such as Rapido, which has been rapidly growing its offerings, including entering the four-wheeler market. The membership is a desirable choice for people who regularly use ride-hailing and meal delivery services because it also comes with extra benefits, including a free three-month subscription to Zomato Gold.

    Strict Cancellation Guidelines

    Cancellation of membership is only allowed for annual subscribers. All related advantages, including Uber Credits, are promptly forfeited upon cancellation. Uber also introduced a number of new app features earlier this month that are intended to increase driver convenience and safety. Permitting female drivers to choose the gender of their passengers, permitting audio recording via the app, providing options for upfront tipping, and providing fast cash-out for earnings are some of the major enhancements.

    If a driver is uncomfortable or worried about their safety, the cab aggregator also enables them to record audio while driving. Drivers cannot access these recordings since they are safely encrypted. Uber claims that only in the event that the driver submits a safety report will the recordings be examined. The business has made it clear that after 15 days, all audio files will be automatically removed from their system.


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  • Gig Workers’ Union in Telangana Wants a Government-Run Ride-Hailing Service

    To offer an alternative to commercial platforms, the Telangana Gig and Platform Workers Union (TGPWU) has demanded the creation of a government-run ride-hailing app. Additionally, it called on the government to establish a Welfare Board to provide equitable salaries, social security benefits, and open fare regulation, as well as to enact legislation to safeguard the rights of gig and platform workers. 

    Shaik Salauddin, the founder and president of TGPWU, urged the state government to give the Telangana Gig and Platform Workers (Rights and Welfare) Bill, 2024, top priority in its drafting and introduction. According to him, the bill would establish a precedent for the protection and empowerment of gig workers nationwide and serve as a model for other states. According to him, the Telangana Congress government will set an example by establishing a strong and welcoming structure to guarantee gig and platform workers stable incomes.

    Applauding Rahul Gandhi’s Letter to CM

    He praised Rahul Gandhi’s letter to Chief Minister A. Revanth Reddy, in which he urged him to enact a comprehensive policy for gig and platform workers, in a statement released on November 20. This development occurs one month after the labour and employment ministry was reported to have initiated the development of a social security framework for contract workers, which is scheduled to be implemented in early 2025.

    Furthermore, in September, the Ministry of Labour and Employment urged platform aggregators to register their employees on the e-Shram portal. Upon successful registration, gig and platform workers will be eligible for important social security benefits. Consequently, it is important to mention that the working conditions of contract workers in India have been rated as “zero” by Fairwork in the ratings of ride-hailing companies Ola and Uber, as well as logistics startup Porter.

    Drivers Protesting Against Ride Aggregators

    The strikes against private ride-hailing services like Ola and Uber have been occurring around the nation on a frequent scale regarding various issues. Drivers of cab aggregators Ola and Uber, for example, went on strike in Chennai in October, calling for pricing regulation and a ban on bike taxi services, which they say are undermining their income.

    Additionally, they were looking for a solution to the problem of these aggregators charging exorbitant charges, which they say are hurting their ability to make a living. Before that, in August, auto and taxi drivers in Delhi NCR went on strike for two days to express their disapproval of app-based taxi services like Ola and Uber. They stated that the prevalence of these private apps has negatively impacted their livelihoods by reducing traditional drivers’ income and clientele.


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  • Uber Will Soon Test its Bus Service in Hyderabad and Mumbai

    After Delhi and Kolkata, the ride-hailing app Uber plans to test its bus (shuttle) service in Hyderabad and Mumbai. The company is currently negotiating with a number of local stakeholders to obtain approval to launch in the nation’s IT hub.

    In an interview with the media, Prabhjeet Singh, president of Uber India and South Asia, stated that the firm currently operates Uber buses in two cities and that two more cities—Mumbai and Hyderabad—are set to follow. Regretfully, Bengaluru is not yet included in this list.

    Bengaluru Being a Dream Project

    According to Singh, Uber is actively negotiating with various parties to launch bus service in Bengaluru. “It’s my passion project to make sure we can bring Uber buses to Bengaluru, assuming the regulators allow us to do so,” he said, adding that it demonstrates the localisation process and how we are evolving to meet customer preferences.

    Singh further added that Uber needs regulatory approval to proceed to introduce such a service, and we have failed to obtain it. According to him, company is actively negotiating with a number of parties in the hopes of receiving approval to proceed, but as of right now, company has not been able to strike a positive chord.

    Urging Civil Society and Policy-Making to Open Up to “Such Innovations”

    Singh also called on those involved in policy making and civil society to be more receptive to “such innovations.”

    “I would encourage a significant number of individuals in civil society to participate to make the working class’ daily travel hassle-free with such innovations. Numerous businesses are eager for Uber Shuttle to be introduced. From Hebbal and ORR (Outer Ring Road), you could take a shuttle. Air-conditioned shuttles with reserved seats that run every two to three minutes. These are situations that might coexist with the city’s other public transportation options. I hope policymakers are much more receptive to innovations like this,” he opined.

    Uber India’s Vision

    The goal of Uber’s public transportation integration strategy in India is to provide a smooth system that enhances city efficiency while saving passengers money and time. High-capacity vehicles (HCVs) are available for Uber Shuttle service, and reservations can be made using the Uber app. Before the shuttle arrives, riders can track it. Mumbai, Hyderabad, Kolkata, and Delhi NCR all offer Uber Shuttle service.

    Uber has more than one million drivers, according to a media source, which CEO Dara Khosrowshahi revealed on the company’s March quarter earnings call. According to Khosrowshahi, bookings and transactions show that India is one of the company’s fastest-growing regions. Larger markets tend to grow more slowly, but India stands out as a major market that is expanding quickly, he added further.


    To Integrate Its Two-Wheeler Fleet, Uber Has Inked a Contract With Shadowfax
    Uber and Shadowfax have partnered to combine UberMoto, the ride-hailing platform’s bike-taxi service, with Shadowfax’s two-wheeler fleet.


  • To Integrate Its Two-Wheeler Fleet, Uber Has Inked a Contract With Shadowfax

    Uber and Shadowfax have partnered to combine UberMoto, the ride-hailing platform’s bike-taxi service, with Shadowfax’s two-wheeler fleet. During lean hours of work, two-wheeler riders servicing IPO-bound Shadowfax will have the option to switch to UberMoto and offer bike-taxi services.

    Uber said in a statement that the collaboration will enable it to expand its operations in cities where Shadowfax is present and enhance its bike-taxi business with more two-wheelers.

    Uber has some innovative new business model ideas in the works. As for Uber’s goals behind such agreements, Prabhjeet Singh, president of Uber India and South Asia, told the media that the business will have more to say on that in due course, but this is in the queue about actually becoming the operating system for many form factors.

    With reference to UberMoto, Singh went on to say that the company wants to integrate third parties with current two-wheeler service providers in the logistics industry to quadruple its stock pool.

    Replicating International Business Strategy in India

    In New York, Uber launched a comparable third-party technology integration, integrating the city’s yellow taxis into its ride-sharing network.

    This gives Shadowfax the opportunity to expand the range of products it offers to its two-wheeler driver partners. Shadowfax is preparing an INR 3,000 crore IPO.

    Shadowfax is poised to become the most diversified third-party logistics provider in India as a result of this distinct integration, which will make Shadowfax the first app that offers all forms of earning opportunities, according to Praharsh Chandra, Shadowfax’s cofounder and chief business officer.

    How This Will Work?

    Uber said in a statement that users may be paired with Shadowfax drivers when they order an UberMoto through the app. Shadowfax drivers on the Shadowfax driver app will complete these journeys. The rider experience will remain unchanged from their typical Uber trip.

    A media report states that the two businesses have a revenue-sharing agreement for rides that are scheduled on UberMoto and are driven by Shadowfax drivers.

    Uber India’s Revenue for FY23 Surges by 54%

    Uber announced that its operational revenue in India for the most recent fiscal year increased by 54% to INR 2,666 crore, driven primarily by a robust uptick in its ride-hailing business and ongoing expansion in its support and services division.

    Uber Inc., based in San Francisco, reported a greater loss of INR 311 crore for the year that ended March 31, 2023, compared with INR 197 crore in the previous fiscal year. This was due to a substantial increase in staff expenses and advertising costs. Based on data from business intelligence platform Tofler, the company’s regulatory filings with the Registrar of Companies show that ride-hailing revenue in India climbed by 75% year over year to INR 678 crore in FY23.


    Success Story of Uber – How It Scaled Heights in Mobility Sector?
    Read the inspiring startup story of Uber, which has revolutionized the way people travel. Read about Uber Business Model, Founders, Funding, Acquisitions, and more.


  • Namma Yatri, an Indian Brand, Is Eyeing the American Market

    According to reports, the ride-hailing app Namma Yatri, based in Bengaluru, is looking into entering the American market.

    An article in a well-known media outlet states that the firm is negotiating with various US unions in an effort to distinguish itself from industry heavyweights like Lyft and Uber.

    In addition, the article stated that the company’s entry into the US market will be backed by Juspay, which separated Namma Yatri into its own entity in April of this year.

    Juspay has recently stated its intentions to expand into international markets, including the United States, and received a payment aggregator license from the Reserve Bank of India.

    Obstacles in the Western Market

    Because the taxi industry is a very low-margin business, it is a free market in the USA, and anyone who has a superior product can enter it. The question is, however, whether they will be able to maintain it because of the circumstances. Not only that, but Uber and Lyft are the two companies that dominate the market in the United States. When compared to the situation in India, the drivers in the United States are in the same position.

    It is impossible for businesses to enter a new market without first lowering their prices, and if the prices are lowered, the driver will not obtain any profit from the transaction. In order to attract investors, businesses that invest a significant amount of capital in a market must also guarantee a certain rate of return on their investment. Namma Yatri will face competition from companies such as Uber, Didi, Grab, and Lyft if it decides to enter the market in the United States. On the other hand, at a time when there is some unhappiness among drivers and customers, the Indian company will be able to gain an advantage and take off thanks to the relationship with unions.

    The Indian Market Continues to Be the Primary Focus at Present

    Namma Yatri’s primary focus continues to be on increasing its reach within India, even if discussions and negotiations on expansion in the United States are still underway.

    Karnataka (Bengaluru, Mysuru, and Tumakuru), Kerala (Kochi), West Bengal (Kolkata, Asansol-Durgapur, and Siliguri), Telangana (Hyderabad), Tamil Nadu (Chennai), and Delhi are the states in which it is currently actively operating.

    Blume Ventures and Antler led the pre-Series A funding round, which raised $11 million (approximately INR 91 crore) a month ago. Sundar Pichai-led tech behemoth Google and other investors also participated. This development comes right one month after the company acquired the aforementioned funding, indicating Namma Yatri’s future growth plans.


    Namma Yatri Parent Raises $11 Million from Google, Blume Ventures, and Others
    Moving Tech Innovations Ltd., the company behind community-led mobility apps Namma Yatri and Yatri Sathi, has raised $11 million (INR 92 crore) in a pre-Series A funding round.


  • Uber Is Considering Reintroducing Its Premium Service, “Black,” to the Indian Market

    At a time when customers in India are willing to spend more on high-end experiences, ride-hailing platform Uber is reintroducing its flagship product, Uber Black, to the nation.

    According to a media report, the service is set to be launched in the coming weeks, initially targeting certain areas in Mumbai.

    In 2013, the firm began operating in India with Uber Black, which offered on-demand access to luxury vehicles including Mercedes, BMW, and Audi. It supplanted the high-end vehicles with more affordable options, such as the Toyota Innova, Honda City, and Toyota Corolla. A year after that, the service was discontinued.

    Uber’s New Business Strategy

    According to various media rports, Uber Black is set to undergo a major overhaul, resulting in a “far more sustainable model” that will offer consumers white glove cab service in larger vehicles compared to traditional commercial sedans. Additionally, reports mentioned that the service will make use of SUVs and MUVs manufactured by Toyota, MG, and other brands.

    Uber Black, which will be priced 30–40% higher than the platform’s current top offering, Uber Premier, is expected to have significant uptake by businesses for their business travel expenses. The American ride-hailing giant has been pouring resources into expanding its network of fleet partners. Its biggest vehicle partner, Mumbai-based Everest Fleet, was one of its initial investors in a $20 million round last year.

    Motive Behind This Move

    The idea that is being considered within the organisation is to develop a mobile application that caters to all different kinds of clients. Consequently, the platform is considering the possibility of releasing items that cater to both extremes of the spectrum, as was emphasised in a media release.

    When it comes to the Indian market, the firm is expanding its offerings to include items such as Uber Black in addition to intercity rides and rentals in an effort to achieve larger average ticket sizes and a more profitable dollar.

    The premium ride-hailing products that Uber offers in India are expanding at a significantly quicker rate than Uber Go, which is the company’s entry-level offering for on-demand taxi services. According to a source in the media, the corporation is thinking about increasing its focus on providing services of a higher quality.

    Uber has revealed to a well-known media outlet that they will be relaunching its Uber Black service.

    The firm noted in a press release that there is a critical mass of travellers who are prepared to pay a premium for on-demand services that provide them with a high-end experience. As Uber serves to a complete spectrum of customers who have diverse mobility demands, we are reacting to this expanding demand at the same time.


    Success Story of Uber – How It Scaled Heights in Mobility Sector?
    Read the inspiring startup story of Uber, which has revolutionized the way people travel. Read about Uber Business Model, Founders, Funding, Acquisitions, and more.


  • Bounce vs Ola Electric Scooter: Who Will Win the War?

    The world is evolving at a fast pace, right from climate change to pollution and everything in between — things are moving fast towards a more sustainable and economical future that is built upon the grounds of frugal innovation and so is India’s push towards sustainable use of resources and development.

    The EV industry is on the verge of major leaps forward and this is when Ola & Bounce, two of the promising names in the sector are up for a ‘neck-to-neck’ tussle to the top. But who would actually be able to have the upper hand in building the future of automotive? Let’s find out.

    Ola Electric — The Founder’s Ambitious Dream Ft. Mark Zuckerberg

    No click baits. Bhavish Aggarwal & Mark Zuckerberg may be the two immensely popular CEOs with completely different products in two distant time zones, but they still have a striking similarity i.e., putting in their everything for a vision they have for themselves and the company.

    What Mark Zuckerberg is doing with Meta is something that all of us already know, and Bhavish too — seems to be in that zone, where he thinks and believes that Ola’s future lies in the automotive sector and that is what the company wants to be known for, and not just another cab-hailing company.

    In fact, when Ola Electric began in 2019 — many perceived it as a side gig for the cab-hailing unicorn, but the recent developments have pivoted Ola Electric as Ola’s flagship product.

    From Urban Mobility to Everything Electric: Decoding the Functioning of Ola and the EV Dream

    Ola Electric Tweet
    Ola Electric Tweet

    Ola, which was among the first movers to launch last-mile mobility solutions in the country, grabbed eyeballs for all the right reasons. A track record where they were able to keep Uber on check to establish a duopoly in the last mile mobility landscape.

    Thus, it was no surprise when the company announced its plans to expand into other verticals, but things changed. Out of all the categories, Bhavish and team vesting into the EV sector and that too with an in-house production unit came as a surprise to many.

    But then, the reveal and the marketing on top of it successfully created that much-needed buzz in the automotive industry and among EV enthusiasts, who were eagerly waiting to discover what lay ahead.

    Ola launched the S1 and the S1 Pro — two of their flagship electric two-wheelers that could cover the maximum distance of 180+ km on a single charge, a debatable claim that felt hard to achieve in real life. They were priced at a premium, significantly more than what their competition was charging for their EVs.

    Ola was clear about its stance, and that was to position its offerings on the basis of quality and not price. With an exclusive invite-only system, Ola aimed at gaining enough momentum and buzz before a full-fledged launch.

    However, the move didn’t reap enough rewards for the aggregator and it was more of a hit-and-miss.  What followed was a pivot in the way the company went about its marketing endeavors. Ola went in with the pre-booking strategy, where users could book the vehicles for a token amount of ₹499, paying ₹20,000 on confirmation and the remaining at the time of delivery.

    The small token for pre-booking went well with the customers, as they were a bit overwhelmed with the considerable price tag for the vehicle, despite all the features it comes with.

    Reduce the premium price tag, that Ola deemed as ‘affordable’ and the company had cracked the code for a winning product that could redefine the company mission and scale in the times to come.

    However, as we already mentioned — the high penetrating price was going to be an issue not because the price was too high — but because of the skeptical nature of the average Indian customer.

    The users have expressed concerns about the EV industry overall, with a question mark upon the ability of EV manufacturers to get it right with their money and adhere to the safety norms.

    Enters Bounce — A Fresh Twist in the EV Saga

    First things first. Bounce was meant to be taken seriously, not because of the product but its sheer habit of solving complex problems differently, simplifying them for the end user.  

    Bounce started off as a bike sharing and self ‘PuDro’ mobility company Is known for this same appetite to solve mobility once and for all, by giving users the leverage to pick up and drop off their vehicle at the nearest bounce dockyards, at their own convenience.

    The team and the idea of ‘Bounce’ were already bagging positive reception and that is when the company announced its focus on EVs and teased its first entry-level vehicle ‘Infinity’ for the daily commuter.

    When a company that scaled to 100000 rides per day by just focusing on a couple of cities, announces something — we tend to get curious. Isn’t it? This was no different. Bounce’s announcement of the EV made one thing clear i.e V. Hallekere and the team have something cooking in their heads and the R & D labs.


    Future of Electric Two-Wheeler Industry in India – Will It Sustain?
    The electric two-wheeler industry has gained massive demand in India but what’s the future of this industry will it sustain let’s find out.


    Give Me the Liberty, and Take My Money — Understanding Bounce’s Strategy and the Indian Consumer

    Bounce Battery Swapping Strategy
    Bounce Battery Swapping Strategy

    The founders were aware that they were competing with someone like Ola and Ather who have the luxury of a vast distribution network. Competing with them on the distribution front may not be a good idea and Bounce’s pricing for their entry-level scooter further justified their understanding of the Indian market.

    Bounce’s entry-level scooter which is available at a price of ₹36,000 without the battery (apple folks crying in the corner) is about giving the liberty back to the customer, by giving them the option to pick what they want.

    Bounce’s swappable battery feature across the network made the cost of owning a two-wheeler EV significantly cheaper, and the Bengaluru-based company surely deserves some brownie points for the move.

    “The public transport in India is not like it is across the globe. For instance, there are 6,000 buses for over three million people in Bengaluru, alone. Public transport was thus overcrowded, and the number of people dependent on it was high. The biggest question is how you get these people to move,” Bounce’s Vivekananda H, Co-founder and CEO, tells YourStory.

    The Pain — The One Who Solves It Faster, Wins

    EV acceptance in India can’t be just dependent upon one or two companies. Rather, it has to be a combination of various factors, permutations, and combinations — and a lot of that has to do with the quality of the product and the price point.

    For Ola, the pre-orders became a curse as they have failed to deliver upon orders and promised features, something that they have assured to fix in future updates.

    The fire outbreaks in the vehicles, poorly built, and lack of safety — a lot of which is being deemed as the result of rushed manufacturing and cost cutting, can become deal breakers for customers who are looking to switch to a reliable EV.

    Ola Fire Incidents
    Ola Fire Incidents

    On the other hand, pricing and delivery are some of the major pain points that will determine the potential winner in the long run — as the price, distribution, and infrastructure still continue to be the biggest pain points when consumers look to switch to a new piece of technology.

    Where Ola sells the EVs through its own app, Bounce has tied up with the homegrown marketplace, Flipkart to sell its EVs and make them accessible to customers. With the rise in fuel costs, impending recession, layoffs, and escalating inflation — affordability has become the need of the hour for customers.

    However, this has also created chaos among the EV and OEM manufacturers as the ‘risk’ involved with the utility of a technology or an EV-like industry, await the tests of time and it is not something that the average Indian customer will be assured about, from day 01.

    How companies can actually win it, is via a systematic funnel right from marketing to after-sales support. When customers switch to something new, they aren’t buying the product or the functionality — they are buying the hope and the change that it promises.

    The graph shows the sales volume of electric two wheelers for the fiscal year 2016-2021
    The graph shows the sales volume of electric two wheelers for the fiscal year 2016-2021 

    Conclusion

    As they say, never judge the conclusion by the beginning — and rightly so, we feel that it is too early to decide upon a winner in the vastly interesting and highly competitive urban mobility landscape.

    Companies like Ather, Bounce & Ola are constantly pushing their limits and redefining the way India perceives EVs, but then it is too early to say anything. When you take that giant leap forward, there are chances that you will stumble here and there, and you may fall too — but that is what startups are all about.

    They’re not afraid to fall because they are not afraid to fail and that is what makes all the difference. Ola and Bounce are here to stay, but who’ll stay relevant in the long run? Well, that is the story for another ‘What if’!

    FAQs

    Who is the CEO of the Bounce?

    Vivekananda Hallekere is the CEO of Bounce.

    Which is the best EV scooter?

    Some of the best EV scooters are Nami Burn-E 2 Max Electric Scooter, Dualtron Thunder Best Premium Electric Scooter, Kaabo Mantis Pro Best Electric Scooter, etc.

    Do Bounce electric needs a license?

    As per ARAI, any electric bike traveling at more than 25 kmph with motor power exceeding 250W needs a license for its use. And under the same criteria, Bounce electric also requires a license as it can travel much faster than 25 kmph.

    Is Bounce an Indian company?

    Yes, Bounce is an Indian company based in Bangalore, Karnataka.

  • How Rapido Is Rapidly Beating Ola and Uber in India?

    India’s mobility tech sector, while unorganised, has seen unprecedented growth in the last decade. This is largely due to inadequate public transport infrastructure and an increasing demand for convenience and affordability.

    In the coming years, the shared mobility sector is set to witness greater democratisation and reach nearly 15 crore users by 2025. With a deeper penetration into non-metro cities, the economy will receive a boost by creating a viable revenue-generating opportunity for more than 3 million drivers across various platforms.

    With year-on-year growth, the Indian market has evolved to add more categories. The Indian mobility market is growing in line with the global trend. However, there is some localisation like rapid traction for two-wheelers and three-wheelers as well.

    Post the Covid-19 pandemic, bikes and autos have seen rapid traction and are gaining share quickly within the wider market.

    What is Rapido? – The Initial Journey
    The Challenges Faced by Rapido
    The Revival and Growth of Rapido
    Rapido’s Monitoring and Support Systems
    Rapido’s Sustainability

    The Future of Bike Taxi | Rapido Case Study

    What is Rapido? – The Initial Journey

    Aravind Sanka was on the verge of closing his local startup ‘theKarrier’, frustrated with the increasing traffic and cost. It was his two friends, Pavan and Rishikesh who came up with the suggestion of using two-wheelers as a way to work around the Bangalore city traffic issue. This idea prompted them to study consumer behaviour within the city and Rapido was conceived.

    In 2015, Pavan Guntupalli, Rishikesh SR and Aravind Sanka founded Rapido, an online bike taxi aggregator. Based in Bangalore, its fundamental and operational ideology was to create something unique and distinct from Ola and Uber. The aggregator particularly focused on hiring drivers possessing two-wheelers and allowed them to register and verify the information with the company.

    Rapido understood the issues and problems posed due to increasing traffic. Time and cost would eventually increase for the customers. This insight allowed them to strategize and plan for successful motorcycle rides. Their slogan ‘Ride Solo’ amplifies their ideology of offering services that are dependable, convenient and economical. Their stipulation for their captain’s two wheeler-vehicles not being any older than 2010 showcases their care for safety.


    Rapido Business Model – How Does Rapido Make Money?
    Rapido is one of the leading bike taxi providers in India. Let’s understand the business model of Rapido and how it makes money.


    The Challenges Faced by Rapido

    Within the first month of launching Rapido, it received more than 10,000 downloads and gained popularity quickly. However, Ola and Uber saw the rising popularity and launched their own services within the two-wheeler market as well. This proved to be a huge challenge for Rapido, as the market giants were cash rich and could very well outrun Rapido by undercutting their rides by a huge margin.

    Rapido’s funds were depleting and this prompted Aravind to pitch to investors. However, investors were wary about Rapido’s sustainability in view of Ola and Uber’s strong grasp on the market. By 2016, Rapido’s future was bleak and it was on the verge of closing its doors.

    The Revival and Growth of Rapido

    Indian Bike Taxi Market Forecast (2021-2030)
    Indian Bike Taxi Market Forecast (2021-2030)

    The CEO of Hero Honda Motor Corporation, Pawan Munjal realised the potential for the success of Rapido. He not only invested in Rapido but helped them strategize their growth plan and the road to reach it.

    While Ola and Uber were strong in urban, metropolitan cities, they were less focused on tier 2 and tier 3 cities. This is where Rapido turned their focus. They built a local ecosystem that was in line with the needs of tier 2 and tier 3 cities. They built a two-pronged approach:

    • Provide bike rides to daily commuters with no vehicles.
    • Provide riders to commuters with bikes and help build a secondary income model.

    This brilliant strategy took quick roots allowing Rapido to strengthen its presence and grow its market share.

    Rapido’s Monitoring and Support Systems

    Their Rider Motoring System (RMS) tracks all their rides including ensuring the riders possess all necessary documentation, their behaviour with customers and their adherence to speed limits. Their riders who have clocked the most number of rides are regularly rewarded. This keeps their motivation high to provide consistent and best services to customers. Where Rapido excels is in a concentrated feedback loop. Their network is smaller than Ola and Uber but is more focused on providing better services.


    Ola Electric Scooter – Booking, Specifications, Charging, Price and more
    Ola has announced the launch of the electric scooters, with pre-bookings touching 1 lakh in just 2 days. Learn everything about these vehicles, including how to book here!


    Rapido’s Sustainability

    Rapido’s business model is similar to Ola and Uber. In some cases, Ola and Uber are far more advanced, technologically. In a scenario like this, Rapido has not only maintained a profitable business model but built it to sustain itself. Their operational ease and robust support systems for their drivers are what makes the company a preferred place of work.

    1. Rapido built and maintained its reward structure for its drivers. This builds trust among its drivers and keeps the momentum high for servicing its customers. Unlike Ola and Uber, which had announced a reward system for their drivers but they have not kept it updated.
    2. Rapido’s withdrawal system is friendly to drivers, allowing them to withdraw their earnings on a weekly or even daily basis, as required. This is too, unlike Ola and Uber, which have an inflexible accounting system.

    Conclusion

    What Rapido has done is not so far out of imagination. They have merely taken a different and less populous route to success. Their journey is a classic example of simply going through a window when the door closes.

    Their keen observation allowed them to spot the existing opportunity and then grab it with both hands. What does their ideology teach? Concentrate on what is personal strength and build on it.

    FAQs

    How did Rapido fought Ola and Uber?

    While Ola and Uber were strong in urban metropolitan cities, they were less focused on tier 2 and tier 3 cities. So, Rapido built a local ecosystem that was in line with the needs of tier 2 and tier 3 cities. Rapido understood the issues people faced due to traffic and this allowed them to strategize and plan for successful motorcycle rides.

    Which is cheapest bike ride app?

    Some of the cheapest bike ride apps are:

    • Rapido Bike Taxi
    • Ola Bikes
    • UberMoto
    • Mopedo Bike Taxi

    How much does 1 km of Rapido cost?

    Rapido charges ₹35 for 2 km as a base price. After the 2 km distance, it charges ₹15 per km.

  • Startups Funded by Google Ventures | GV Investments

    There is almost no big company or enterprise that didn’t start from scratch. From Tesla to Apple to Pixar, most of them started off with a great idea, lots of effort, and a small garage. With every passing day, entrepreneurs come up with amazing startup ideas and newer methods to implement them. This, however, is easier said than done, since startups need both funding and support along with immense hard work in their initial days to be successful. As part of its funding program, Google has helped some of the top startups, and some of those startups have become well-known companies.

    This is where equity and venture firms come in. If they find the idea behind a startup reasonably adequate, they make the initial and much-needed investment in the startup. Blackstone and Apollo Global Management are some equity investment firms, while Google Ventures is a venture investment firm. But before knowing what startups are funded by Google, let’s find out how funding works.

    How does Startup Funding Works?
    Google Ventures
    Startups Funded by Google

    1. Slack
    2. Uber
    3. Medium
    4. StockX
    5. Stripe
    6. GitLab
    7. DocuSign
    8. Magenta Therapeutics
    9. One Medical
    10. Zipline
    11. Farmer Business Network
    12. Sense
    13. Scribble Data
    14. Jio Platforms
    15. Wysa
    16. Dailyhunt
    17. Glance

    How does Startup Funding Works?

    Apparently, there are certainly different kinds of funding based on factors such as startup valuation, its customer base, strategy, revenue model and other technical factors. These funding are categorized as follows:

    • Pre-seed FundingThis is the earliest stage of a startup, and the funding here is mostly the initial investment in the idea and is done by the founders themselves. This stage isn’t even officially included in the funding rounds, however, it is where a startup begins.
    • Seed Funding– This is where the first official investment for a business or a venture is made. Seed funding helps startups take the initial steps towards making their products. While the failed startups never go beyond this stage, the one’s that do, proceed to the Series A round.
    • Series A Funding– Once a startup or company has surpassed Seed round, has an established user base, and offers its services or products, they can opt for Series A Funding. This is where startups can use the investment money to further optimize their product, and raise anywhere from $2 million to $15 million.
    • Series B Funding– After Series A, this round helps a business to advance to the next level. If the company has justified the initial investment with a strong customer base and valuation, Series B funding helps to take the business to the next level. The investment in this round can range from $30 million to $60 million.
    • Series C Funding– The businesses which are already successful and are looking to build new products to touch newer markets are funded in this round. The companies in this round may also acquire startups and the investors and founders in this round look for exponential growth. The valuation of companies in this round can range in hundreds of millions.

    Although there can be more funding rounds corresponding to the alphabet, these are particularly the one’s where most startups reach. There is also private equity funding away from public markets in which private companies can finance startups privately.


    List of Top Indian Venture Capital Firms and Investors to fund Startups
    Some of the businesses are to make predictions, which is tougher than you canthink. There is a trend to spot a pattern and predict future functionalities andsuccess. The job of the Venture Capital (VC) executives is to spot the trend andinvest in aspiring and growing startups. For example, Flip…


    Google Ventures

    Google Ventures is a venture capital investment firm of Alphabet, the parent company of Google, CEO is David Krane. Renamed to GV, the primary objective of Google Ventures since its conception has been to back founders with a vision for the future of entrepreneurship. GV has funded over 500 portfolio companies and is in constant search of new and industry-changing ideas and startups.

    GV flaunts a team of founders, physicians, and other professionals, who have been in the startup ecosystem for a long, and understand it more than most people. This team of specialists, engineers, advisors, and fund operatives help GV to solve challenges and deliver feedback to create better services. GV invests across all stages and sectors, with a focus on enterprise, life sciences, consumer, and frontier technology. GV has made 988 investments so far. Recently on July 29, 2022, GV made a $3.3 Million investment in New York-based consumer Software, Studio.

    Google Ventures on Investment in Startups

    Startups Funded by Google

    Slack

    Industry: Enterprise Software
    GV Investment: $110.8 Million

    Slacks | Google Ventures | Startup Funded By Google
    Google Ventures | Startup Funded By Google

    American software company Slack Technologies developed the proprietary business communication platform Slack. Slack offers a number of IRC-style features, including persistent chat rooms organized by topic, private groups, and direct messaging. Google Ventures invested $110.8M in October 2014.

    Uber

    Industry: Transportation
    GV Investment: $1.8 Billion

    Uber | Google Ventures | Startup Funded By Google
    Uber | Google Ventures | Startup Funded By Google

    Who in the digital world isn’t aware of the most popular cab service Uber? It has turned out to be one of the most popular cab booking services around the globe, and both cab drivers, as well as people who need them use it on a regular basis. It is a consumer service and has also set its foot in the food delivery services. Uber has offered quality, door-to-door service and continues to do so by constantly introducing safety features in its Community Guidelines. Uber has been Google Ventures’ biggest investment to date. Google Ventures has invested approximately $1.8 Billion in Uber.


    Dara Khosrowshahi: CEO of Uber | Iranian-American Entrepreneur
    Overcoming the odds in life is more than a test. Dara Khosrowshahi is one suchindividual whose journey to fame and prosperity was imbued with challenges. Bornin Iran, his family moved to the United States after his father was detained byIranian authorities for six years. Having served as the CEO …


    Medium

    Industry: Digital Media
    GV Investment: $19 Million

    Medium | Google Ventures | Startup Funded By Google
    Medium | Google Ventures | Startup Funded By Google

    Medium is a blogging platform that suggests viewers blog through smart algorithms. World-class publications and experts publish their blogs in different niches, and viewers can choose their preferred subjects to read the latest research papers, articles, and blogs. The popularity of Medium attracted Google’s interest and they invested. Medium currently flaunts its user base of 170 million users and counting, with the writers including journalists, authors, experts, and individuals.

    StockX

    Industry: Stock Market
    GV Investment: $22 Million

    StockX | Google Ventures | Startup Funded By Google
    StocksX | Google Ventures | Startup Funded By Google

    As described by Google Ventures, StockX is the world’s first ‘Stock Market for Things’. This is an online marketplace where both buyers and sellers put forth the bidding and asking amount, and as soon as both of them meet, the transaction takes place. The marketplace that StockX offers can be used to sell any sellable product from sneakers to watches; all you need to do is sign up. Google ventures and battery ventures invested $44 M in series B funding.


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    Stripe

    Industry: Digital Payment
    GV Investment: $600 million (along with other investors)

    Stripe | Google Ventures | Startup Funded By Google
    Stripe | Google Ventures | Startup Funded By Google

    Stripe is one of the most popular payments processor for online transactions and in mobile applications. Today, millions of online and offline businesses from startups to bigger enterprises use Stripe as their payments processor. Be it Software as a Service, an online platform or your marketplace, Stripe can be used in all these cases either through the software or its API.

    “Stripe is the best way to accept payments online and in mobile apps.” says Google Venture.

    GitLab

    Industry: Software
    GV Investment: $20 Million

    GitLab | Google Ventures | Startup Funded By Google
    GitLab | Google Ventures | Startup Funded By Google

    GitLab is a DevOps platform that accelerates development through collaboration and automation. With various organizations relying on its source code, CI/CD, and security, GitLab offers powerful automation with real-time security and vulnerability management. Moreover, GitLab is trusted by some well-known industry-leading companies including Nvidia, Siemens, and Drupal. GitLab has received funding from Google Ventures in both Series C and Series D rounds of funding.

    DocuSign

    Industry: Software
    GV Investment: $8.1 Million

    DocuSign | Google Ventures | Startup Funded By Google
    Docusign | Google Ventures | Startup Funded By Google

    A leader in eSignature transaction management, DocuSign has become an industry and global standard for eSignatures. DocuSign gained popularity with the help of Google. DocuSign has garnered a user base of over 500k customers and hundreds of millions of signers. DocuSign was introduced and established based on the fact that most modern businesses will need to go online and hence the online document management needed to be taken into consideration. Google Ventures invested in Series D round in June 2012.

    Magenta Therapeutics

    Industry: Healthcare & Life Science
    GV Investment: $8 Million

    Magenta Therapeutics | Google Ventures | Startup Funded By Google
    Magenta therapeutics | Google Ventures | Startup Funded By Google

    Magenta Therapeutics is a leading expert in harnessing stem cell biology for safer transplants. It endeavours to reset a patient’s immune system through stem cell transplant to cure diseases such as blood cancer. It is also developing novel medicines through commitment and excellence. Also, Magenta is revolutionizing medicine by precisely removing disease-causing cells and revamping stem cell mobilization.

    “Magenta is harnessing stem cell biology to make transplants safer and more effective for patients with immune and blood-based diseases.” Says Google Venture.

    One Medical

    Industry: Healthcare
    GV Investment: $13 Million

    One Medical | Google Ventures | Startup Funded By Google
    One Medical | Google Ventures | Startup Funded By Google

    One Medical is currently trying to reinvent healthcare with innovation and technology. As of now, One Medical offers and schedules in-person or over video appointments, 24/7 on-demand video chats with a virtual medical team, over 90 drop-in lab services, along COVID-19 testing and care. Moreover, OneMedical acts as an employee benefits partner for over 7000 companies. Google Venture invested Private Equity round of funding in December 2015.


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    Zipline

    Industry: Robotics
    GV Investment: $12 Million

    Zipline | Google Ventures | Startup Funded By Google
    Zipline | Google Ventures | Startup Funded By Google

    Zipline is a company that delivers life-saving medicines and drugs to remote and previously unreachable parts of the world using electric planes and drones. It makes precise, on-demand and critical deliveries, wherever and whenever needed, with safety and reliability. The access to on-demand delivery is made global, owing to Zipline, and it seeks to replace the traditional delivery system with customer-centred and cutting edge technology. Google venture Invested in Series C round of funding in May 2019. In the last funding round in June 2021, Zipline has raised a funding of $250M which made the startup valuation to be $2.5 billion.

    Farmer Business Network

    Industry: AgriTech
    GV Investment: $15 Million

    Farmers Business Network | Google Ventures | Startup Funded By Google
    farmers Business Network | Google Ventures | Startup Funded By Google

    Farmer Business Network is a tool that helps farmers understand and enhance their crops and yields with advanced insights and real-time data analysis. It is a global Agritech company and seeks to help farmers reduce production costs, maximize crop yield and output, and make informed and confident decisions when it comes to crops. Farmer Business Network can help farmers manage contracts, select seeds, monitor fields, and organize operations with premium crop marketing and financial services. FBN raised a funding of $15 million in 2015 from Google Ventures. Recently, they raired $870 million in series G funding round in November 2021.

    “Farmers Business Network generates powerful insights from real-time data to help farmers understand and improve their crop performance.” says Google Venture.

    Sense

    Industry: Artificial Intelligence
    GV Investment: $16 Million

    Sense | Google Ventures | Startup Funded By Google
    Sense | Google Ventures | Startup Funded By Google

    Sense is an artificial intelligence-driven talent engagement and communication platform that was founded by Dharni and Pankaj Jindal in 2015. The company has its headquarters in San Francisco and is known for providing enterprise-ready solutions that provide a system of engagement for talent acquisition teams.

    Sense has so far helped many companies find, recruit, deploy talent and automate manual tasks for recruiters. The company has raised $16 million as part of its Series C round from Avataar, Google Ventures, Accel and Khosla Ventures. The company is said to use these funds to get a foothold in the Indian market, add new products, expand its team and go into newer geographies.

    Scribble Data

    Industry: Machine Learning
    GV Investment:

    Scribble Data | Google Ventures | Startup Funded By Google
    Scribble Data | Google Ventures | Startup Funded By Google

    Scribble data is an ML engineering product company that offers ML Feature Store for mid-market enterprise data teams.  The company is known for its flagship product known as Enrich, which is a highly customizable Machine Learning Feature. Scribble Enrich is a store product that allows data scientists to develop and manage production-ready datasets that are used to train ML models faster and with confidence.

    Data-driven companies such as Google and Amazon have invested an undisclosed amount of money into the company in May 2020. Google funding for startups such as Scribble, has helped the platform to scale and deliver Enrich in international markets for enterprise-grade Machine Learning products.

    Jio Platforms

    Industry: Telecommunication
    GV Investment: $4.5 billion

    Jio | Google Ventures | Startup Funded By Google
    Jio | Google Ventures | Startup Funded By Google

    Jio Platforms is an Indian technology company and a subsidiary of Reliance Industries. The company has its headquarters in Mumbai, Maharashtra. The company acts as a holding company for Jio (which is India’s largest and the world’s third-largest mobile network) and other digital businesses of Reliance. As of 2020, Jio platforms became the fourth largest Indian company by market capitalization.

    In November 2020, Google-funded $4.5 billion to the Jio platform, which makes it the biggest-ever investment in an Indian company. Google now reportedly holds over 7.73% share in the company. The company has now raised a total of Rs 1.52 lakh crore by selling an almost 33% stake to over 13 financial and strategic investors in under 11 weeks. This will help the company to cut down Reliance’s net debt target for the full fiscal year.

    Wysa

    Industry: Artificial Intelligence
    GV Investment:

    Wysa | Google Ventures | Startup Funded By Google
    Wysa | Google Ventures | Startup Funded By Google

    Wysa is an AI-enabled life coach designed especially for mental and emotional wellness. The company was initially launched in 2017 and provides its users with the ability to activate coach and chat anonymously. The company provides early intervention through 3 methods, which are an AI chatbot, a library of self-help tools, and messaging-based support from human psychologists.

    Google Ventures India, has funded an undisclosed amount in the AI Platform in May 2021. Wysa was a part of the first batch of 10 startups for Google Launchpad Accelerator India, which was held in 2018. In 2021 however, the Sleep by Wysa app was awarded the best app by the Google Play Store. According to Crunchbase, the company has so far raised $3.9 million from three funding rounds.

    Dailyhunt

    Industry: Social Media
    GV Investment: $33 Million

    Dailyhunt | Google Ventures | Startup Funded By Google
    Dailyhunt | Google Ventures | Startup Funded By Google

    Dailyhunt is one of the leading Indian content and news aggregator app. The company has its headquarters in Bengaluru, Karnataka. The platform provides news in 14 Indian languages from multiple content providers to over 300 million users. In 2015, Dailyhunt became the largest Indian language distributor of e-books having 70,000 titles in ten languages.

    As of December 2020, Dailyhunt has raised over $100 million from Google, Microsoft and AlphaWave among other investors. Google funding rounds helped the company become a Unicorn as its value increased to over $1 billion. The company is planning to use the funds to scale its Josh app, which is an augmentation of local language content offerings. Google-funded startups in India with a budget of over $10 billion over a few years.

    Glance

    Industry:
    GV Investment:

    Glance | Google Ventures | Startup Funded By Google
    Glance | Google Ventures | Startup Funded By Google

    A google-funded startup called Glance is a startup that was founded in 2018. The company serves news, media content and games on the lock screen of more than 100 million smartphones. The company is a subsidiary of InMobi Group and is known for using AI to offer a personalized experience to its users.

    The company raised over $145 million in a new financing round from Google and existing investors like Mithril Partners. According to Google, Glance is a great example of innovation solving for mobile-first & mobile-only consumption, and providing content across many Indian languages. Google funding for startups like Glance, has helped them evolve and grow their audience.

    FAQs

    What is Google Venture (GV)?

    Google Ventures is a venture capital investment firm of Alphabet, the parent company of Google.

    Who is the CEO of GV (formerly Google Ventures)?

    David Krane is the CEO of GV.

    How many companies have Google Ventures funded?

    Google Ventures has funded more than 500 companies. Some of them are:

    • Slack
    • Uber
    • Medium
    • StockX
    • Stripe
    • GitLab
    • DocuSign
    • Magenta Therapeutics
    • Dailyhunt
    • Glance

    What are the sectors Google Ventures invest in?

    Google Ventures invests across all stages of startups and varied sectors. The major industries in which Google Ventures invests are:

    • Enterprise
    • Life sciences
    • HealthCare
    • Consumer
    • Frontier technology.

    How do startups get funded?

    Startups use various methods for funding:

    • Small Business Loans
    • Trade Equity or Services
    • Incubator or Accelerator
    • Crowdfunding.

    Who owns Google now?

    The parent organization of Google is Alphabet Inc.

    What do startups use the funding for?

    Startups raise funds for various reasons, mainly for the growth and expansion of their business.

    Who are the founders of Google?

    Larry Page and Sergey Brin are the founders of Google.

    What is the valuation of Google?

    Google has a valuation of $1.5 trillion.