About Ruvo

Ruvo is a blockchain-based ride-hailing marketplace that connects riders and drivers while promoting sustainable transportation options. The platform addresses the inefficiencies in traditional mobility services by providing transparent transactions and reducing environmental impact through eco-friendly ride choices.

```xml <problem> Traditional ride-hailing services often involve surge pricing for riders and high commission fees for drivers, creating an inequitable marketplace. These services also contribute to environmental concerns due to reliance on combustion-engine vehicles. </problem> <solution> Ruvo is a blockchain-based ride-hailing platform designed to provide fairer fares for riders and eliminate commissions for drivers through a subscription model. The platform exclusively uses electric vehicles (EVs) to promote sustainable urban mobility and reduce carbon emissions. Riders can favorite drivers for a more personalized experience, while drivers retain 100% of their earnings for a flat daily subscription fee. Ruvo aims to foster a community-driven ecosystem that prioritizes environmental responsibility and equitable compensation. </solution> <features> - 100% electric vehicle fleet to minimize environmental impact - No surge pricing for riders, ensuring consistent and transparent fares - Drivers keep 100% of earnings through a flat-rate daily subscription - Rider option to favorite drivers for enhanced trust and personalization - Charging hubs located at repurposed gas stations - Blockchain-based transactions for transparent and secure payments - 24/7 support for both riders and drivers - Multilingual access </features> <target_audience> Ruvo targets urban commuters seeking affordable and eco-friendly transportation options, as well as drivers looking for fair compensation and a supportive community. </target_audience> <revenue_model> Ruvo generates revenue through a flat $30/day subscription fee charged to drivers, allowing them to keep all ride fares without commission deductions. </revenue_model> ```

What does Ruvo do?

Where is Ruvo located?

Ruvo is based in San Carlos, Venezuela.

When was Ruvo founded?

Ruvo was founded in 2024.

Who founded Ruvo?

Ruvo was founded by Mani Swaminathan.

Mani Swaminathan - Co-founder

Location

San Carlos, Venezuela

Founded

2024

Employees

2 employees

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Ruvo

Score: 33/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

myruvo.com 50+

Founded 2024 – San Carlos, Venezuela

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Mani Swaminathan

Co-founder

Company Description

Problem

Traditional ride-hailing services often involve surge pricing for riders and high commission fees for drivers, creating an inequitable marketplace. These services also contribute to environmental concerns due to reliance on combustion-engine vehicles.

Solution

Ruvo is a blockchain-based ride-hailing platform designed to provide fairer fares for riders and eliminate commissions for drivers through a subscription model. The platform exclusively uses electric vehicles (EVs) to promote sustainable urban mobility and reduce carbon emissions. Riders can favorite drivers for a more personalized experience, while drivers retain 100% of their earnings for a flat daily subscription fee. Ruvo aims to foster a community-driven ecosystem that prioritizes environmental responsibility and equitable compensation.

Features

100% electric vehicle fleet to minimize environmental impact

No surge pricing for riders, ensuring consistent and transparent fares

Drivers keep 100% of earnings through a flat-rate daily subscription

Rider option to favorite drivers for enhanced trust and personalization

Charging hubs located at repurposed gas stations

Blockchain-based transactions for transparent and secure payments

24/7 support for both riders and drivers

Multilingual access

Target Audience

Ruvo targets urban commuters seeking affordable and eco-friendly transportation options, as well as drivers looking for fair compensation and a supportive community.

Revenue Model

Ruvo generates revenue through a flat $30/day subscription fee charged to drivers, allowing them to keep all ride fares without commission deductions.