Namit Jain
CEO
ONN Bikes
ONN Bikes is a micro-mobility platform offering a diverse range of bike rentals, including ICE and electric options, tailored for flexible usage from daily rentals to long-term subscriptions. The service addresses the challenge of first and last-mile transportation by providing accessible and commitment-free mobility solutions across multiple cities.
- Hardware
- Mobility & Transportation
Updated 7 months ago
Funding
Raised to date
$4.3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
First and last-mile transportation options in urban areas are often limited, inflexible, and require long-term commitments, making it difficult for individuals to access convenient mobility solutions. Traditional vehicle ownership entails significant costs, including maintenance, insurance, and fuel, which can be a barrier for many commuters.
Solution
ONN Bikes provides a micro-mobility platform that offers a range of Internal Combustion Engine (ICE) and electric bikes for rent, catering to diverse transportation needs. The platform enables users to rent bikes on a daily basis or subscribe for longer periods, providing a flexible and commitment-free alternative to traditional vehicle ownership. By offering a variety of bike options, ONN Bikes aims to address the challenges of urban commuting and provide accessible mobility solutions for individuals seeking convenient and cost-effective transportation.
Target Audience
The primary target audience includes urban commuters, students, and individuals seeking flexible and affordable transportation options for first and last-mile connectivity.
Features
- Diverse fleet of ICE bikes, including high-performance, fuel-efficient, and scooter models.
- Electric bike and scooter options, with ongoing upgrades to incorporate the latest trends.
- Flexible rental plans ranging from daily rentals to long-term subscriptions.
- Booking platform for exploring available bikes and selecting rental durations.
- Adherence to Motor Vehicles Act, 1988, ensuring safe and legal vehicle usage.