Chinese bicycle sharing firm Mobike to peddle operations in Gurugram soon

After Ofo launch in India, another Chinese bicycle sharing platform Mobike, is planning to launch an app-based bicycle sharing service in India.

Starting from Gurugram, the project will be launched in other parts of the country, including Bengaluru, Delhi, Pune, Hyderabad, Chennai, and Nagpur.

According to a TOI report, an MoU was signed between Mobike and DLF Foundation according to which the project will be initially introduced on Golf Course Road, which is being jointly developed by DLF and HUDA.

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Mobike app lets users scan QR codes on Mobike-branded bicycles, allowing them to unlock, use and pay for rentals on-demand. It has increasingly integrated features from Tencent’s ecosystem, including a tie-up with WeChat.

The firm is expected to launch with a similar model in India with nearly 5,000 bicycles on Gurgaon roads. The company is still figuring out the logistics, including setting up a ground level operations team and seeking support from local authorities, including traffic police and MCG.

"Apart from giving an alternative mode of transport for the last mile connectivity, the service will also gather data about usage, helping authorities to develop infrastructure accordingly," says Vibhor Jain, CEO, Mobike.

Also Read: Letzcycle is testing the market before Ola, Zoomcar launched bicycle sharing service

Mobike has operations in around 100 Chinese cities and over 200 cities across the world. In past months, it expanded its service to Singapore, UK and launched its first batch of bikes in the capital of the United States.

In June, the bike sharing platform raised a funding of $600 million led by Tencent Holdings.

Of late, Ofo, a bicycle sharing company from China launched its service in India, which will be started from Chennai, followed by Bangalore, Ahmedabad, and Indore. The company will compete with Ola, Zoomcar, and Yulu.

Mobike: Website