Ridlr
 | |
| Founded | 2012 in Mumbai, Maharashtra, India |
|---|---|
| Founder | Brijraj Vaghani Ravi Khemani |
Key people | Brijraj Vaghani (CEO) Ravi Khemani |
| Products | Mobile app |
| Website | ridlr |
Ridlr is an Indian public transport commuting and ticketing app. It was founded in 2012.[1] Ridlr allows commuters to access real-time information about the various modes of transportation.[2] It also books tickets and tokens through the app with digital money.[3]
Ridlr covers Mumbai and Delhi in association with BEST, Mumbai Metro and Delhi Metro.[4] It also provides service for cities including Vijayawada, Hyderabad, Bengaluru, Ballari and Chennai.[citation needed]
History
[edit]Ridlr was introduced in India in 2012 by Bird’s Eye Systems Private Limited for Delhi and Mumbai. The owners were Brijraj Vaghani and Ravi Khemani.[5]
In April 2018 it was taken over by Ola.[6]
After Mumbai, Ridlr added southern cities. The information services of the Ridlr app became available in Vijayawada, Hyderabad, Bengaluru, Ballari, Chennai, and other cities.[7]
In 2015, the app transformed into a transactional app and associated with BEST and later with MBMT and NMMT. This permitted travelers to buy bus tickets as well as passes through the app.[8]
In 2017, the app became an IoT service provider. This enabled customers to access the gates of Mumbai Metro. Travelling without the intervention of a physical ticket counter in the Mumbai Metro services was enabled. Online payment eradicated the need for standing in a queue.[9]
During demonetization, the cash crunch was eased by this app.[10]
64 Ridlr employees joined Ola to support the association. The Mumbai-based setup will be led by Vaghani.[11]
The user journey during the initial days of 2014 through the app was:
- Initial and final destinations
- Real-time data regarding the various modes of transport
- User choice of transport mode[12]
Funding
[edit]- Series A funding was received from Matrix Partners in December 2013 and Qualcomm Ventures in September 2014.[13]
- Series B funding came from Times Internet, Qualcomm Ventures, and Matrix Ventures, reaching $6 million.[14][15]
References
[edit]- ^ "Ridlr will continue to operate as an independent entity, says Ola". 4 April 2018. Retrieved 5 May 2018.
- ^ "New app, Ridlr, for capital's public transport users". 13 April 2015. Retrieved 5 May 2018.
- ^ "How to use Ridlr app for a hassle-free Mumbai Metro Ride". PCQuest. 6 February 2018. Retrieved 5 May 2018.
- ^ "Ola acquires public transport ticketing app Ridlr". Hindustan Times. 3 April 2018. Retrieved 5 May 2018.
- ^ "Ridlr will continue to operate as an independent entity, says Ola". 4 April 2018. Retrieved 5 May 2018.
- ^ "Ola acquire public transport ticketing and commuting app Ridlr". The Economic Times. 4 April 2018. Retrieved 5 May 2018.
- ^ "After Mumbai, Ridlr eyes southern market". The New Indian Express. 7 September 2017. Retrieved 5 May 2018.
- ^ "These Startups are Helping Bring Uber-Like Ease to India's Public Buses". 3 November 2017. Retrieved 5 May 2018.
- ^ "Public Transport Becomes Simple With Ridlr". 28 April 2015. Retrieved 5 May 2018.
- ^ "Cash Stands Out In India's Payments Clutter". 8 November 2017. Retrieved 5 May 2018.
- ^ "Ola acquires ticketing app Ridlr to enable mass transit integration". Business Standard. 3 April 2018. Retrieved 5 May 2018.
- ^ "Ridlr introduces BEST bus mobile ticketing feature". 6 December 2016. Retrieved 5 May 2018.
- ^ "Public Transport App Ridlr Raises $6 Mn From Times Internet And Others". 15 July 2016. Retrieved 5 May 2018.
- ^ "Ridlr raises $6 mn series B from Times Internet and others". Business Standard. 14 July 2016. Retrieved 5 May 2018.
- ^ Agarwal, Meha (15 July 2016). "Public Transport App Ridlr Raises $6 Mn From Times Internet And Others". Inc42 Media.