Mumbai: Bengaluru-based electrical bike-sharing platform Yulu on Monday began its providers in and round Bandra-Kurla Complicated, and Bandra East and Kurla stations within the metropolis.
Backed by Bajaj Auto, the two-year-old startup had entered right into a memorandum of understanding with Mumbai Metropolitan Area Improvement Authority (MMRDA) on January 31 to offer a complete of 500 e-bikes at 25 totally different places in these areas.
“The ability was to start out by February 2020, however because of the COVID-19 pandemic state of affairs it’s changing into operational solely on August 31,” MMRDA Commissioner RA Rajeev mentioned.
He additional mentioned the MMRDA has been striving to deal with the issues arising out of vehicular site visitors in Bandra-Kurla Complicated, and that the ebikes would assist ease the holdups if adopted by many individuals.
Yulu plans to start operations in these places in a phased method.
“To avail, the ability one has to pay Rs 5 in the direction of unlocking costs after which Rs 1.5 for each one minute of trip. There shall be services for month-to-month recharges and bonus of 20-100 per cent,” MMRDA mentioned.
Yulu, which operates in Bengaluru and lately entered parts of New Delhi and Navi Mumbai, has to date raised about USD 15 million moreover funds raised via debt.
Yulu co-founder and COO Hemant Gupta has earlier mentioned that the providers could be out there around the clock and can be utilized by all commuters aged over 16 with out the necessity for a licence.
Taking precautions amid the pandemic, the company will sanitise the e-bikes regularly and can take adequate care of the allied services, MMRDA mentioned.
The settlement with Yulu was part of MMRDA’s station entry and mobility programme (STAMP) initiative for partnering with technology-based functions with a concentrate on crowd administration, seamless commuter expertise and the elevated availability of handy last-mile providers.
This mission will result in precise deployment of options which shall be scaled up by MMRDA for all metro traces as they get accomplished to offer pleasant commuting expertise to Mumbaikars, Rajeev mentioned.