Nagpur: Bounce, India’s first smart urban mobility solution, today announced their partnership with Maharashtra Metro Rail Corporation Limited (MMRCL) to provide cycle sharing at four metro stations across the city as part of the company’s long- term objective of addressing first and last mile connectivity issues in cities.
With this partnership, Bounce will be launching 150 cycles across Nagpur which will be fully functional and available across the city’s four major metro routes. The riders can avail services at a nominal fee of INR 1/10 mins with INR 300 subscription fee for peddle and INR 4/10 mins with INR 600 subscription fee for electric. This newest expansion brings Bounce’s total cycle fleet, which includes peddle as well as electric to 5000 spread across five cities in India – Bangalore, Chennai, Mysore, Nagpur and Pune.
Bounce cycles were launched alongside the Nagpur Metro inauguration by Prime Minister Narendra Modi and attended by several senior dignitaries including Nitin Gadkari, Minister of Road Transport and Highways of India, Devendra Fadnavis, Chief Minister of Maharashtra and Dr. Brijesh Dixit, Managing Director, Maharashtra Metro Rail Corporation Ltd.
Commenting on the launch, Vivekananda H R, CEO and Co-Founder, Bounce said, “Our partnership with MMRCL ties into Nagpur’s goals of enabling safer, efficient, economical and sustainable mode of urban transport. Maharashtra is a key market for us and we will be soon expanding to more cities in the state. We are steadily making strides towards transforming India’s urban mobility ecosystem one city at a time and look forward to more such strategic partnerships.”
About Bounce:
Bounce is India’s first smart dock-less urban mobility solution with a mission of making daily commute stress-free, time-saving, reliable and convenient. Founded in 2014 by Vivekananda H.R., Anil G and Varun Agni, this Bangalore based start-up aims to decongest the roads by encouraging commuters to choose public transport and provide a seamless first/last mile connectivity. With its patented key-less technology, Bounce users can pick up/drop the bikes, bicycles or electric bikes anywhere in the city at any time. The company does about 150k+ rides on a week on week basis. With strong presence in Bangalore & Hyderabad, the company looks to expand to other cities as well.
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