· PEDL currently present in Bangalore, Kolkata, Chennai
· PEDL is operating with 500 cycles in these three cities
· PEDL will be present in every 50-100meters in the city
· PEDL will have more than 10,000 cycles on road by year end
Bengaluru, October 11, 2017: After firmly cementing its leadership position in the self-drive car sharing market across 27 cities in India, Zoomcar today announced the launch of PEDL, India’s first technology enabled cycle sharing service. Zoomcar has forayed in this new segment with an aim to provide individuals a convenient, affordable, and environmentally friendly cycle sharing service for short trips around the city. PEDL will primarily serve local use cases such as grocery shopping, errand running, and last mile commuting. The point to point nature of the service offers significant flexibility to the end user across the day.
PEDL was designed to complement Zoomcar’s existing car sharing business through serving an additional part of the personal transportation stack. At its core, PEDL imbibes the principle of hyper-local urban mobility by offering cycles at multiple pickup points across various neighborhoods in a city. At scale PEDL will be present every 50-100 meters in a city. Zoomcar expects to cross 10,000 cycles on road in 2017 with much larger expansion plans to follow in 2018. After several weeks in pilot, PEDL presently operates over 500 cycles in 3 cities – Bangalore, Chennai and Kolkata. In Bangalore, the cycles are available at – HSR Layout, Chennai – Besant Nagar and Kolkata – Golf Greens.
Speaking on the PEDL launch, Greg Moran, CEO & Co-founder, Zoomcar, “With the launch of our pathbreaking PEDL service, we are officially extending the Zoomcar platform into the realm of multi-modal urban mobility. We’re thrilled to inaugurate India’s first tech enabled cycle sharing service that will offer a whole new level of convenience to citizens across Indian cities. There will also be some very special benefit PEDL benefits for our 30 lakh + existing Zoomcar customer base. In recent times, we’ve observed a huge market gap for trips shorter than 5 kms and we firmly believe that the cycle 2.0 is best positioned to serve these use cases. PEDL strongly compliments our core car sharing service as we continue to make a meaningful contribution to air quality improvement across Indian cities. At present, we’re speaking to various governmental bodies to craft policies and design urban infrastructure that will help ensure the responsible propagation of dockless cycle sharing across the country.”
PEDL cycles come with various unique features including but not limited to custom designed aluminum alloy frames and drum brakes, anti-slip chains, airless solid tyres, and height adjustable seats. These cycles are designed to support 24 + months of intensive use while ensuring industry low maintenance costs and extremely high levels of customer satisfaction. The cycles are built with smart locks which are easily unlocked using a QR Code. PEDL’s robust IoT stack is an extension of Zoomcar’s Cadabra IoT platform and includes real-time GPS tracking, solar battery charging, and built-in alarms. Each cycle also comes outfitted with a multipurpose basket to afford the customer greater convenience in travelling for work or leisure. The process of using a PEDL is simple - just walk up to a PEDL location, pay via Paytm, and drop the cycle off when done at any of the PEDL locations. PEDL cycle
Prior to the official PEDL launch, Zoomcar observed a strong civic push from a large number of individuals across cities as it related to clean air and congestion alleviation. As such, PEDL also has the option for anyone to become a Host by allowing cycles to be placed at the individual’s residence. Enrolling as a Host is a seamless process as the PEDL team handles end-to-end onboarding coupled with ongoing remote cycle management. In return for offering physical space, the Host enjoys multiple benefits from Zoomcar that include but are not limited to: a 25% discount on all Zoomcar bookings, free luxury cars with Zoomcar every 6 months, free PEDL rides for a year, free vacation (home stay travel) and other benefits on cashbacks, discounts and rewards worth up to ₹1,00,000. The benefit partners on board are Paytm, Mcdonalds Yatra, Goibibo and Quirk with more joining as PEDL Host partners later this year.
About PEDL
PEDL, India’s first technology enabled cycle sharing service by Zoomcar. It allows a user to rent cycles by the hour or day. Founded in 2017 and headquartered in Zoomcar office in Bengaluru, its service is presently spread in 3 cities – Bangalore, Kolkata and Chennai. PEDL will primarily serve local use cases such as grocery shopping, errand running, and last mile commuting. The point to point nature of the service offers significant flexibility to the end user across the day. For more information, log onto http://ift.tt/2yY2p48ost and http://www.zoomcar.com.
About Zoomcar
Zoomcar holds the distinction of being India's first 100% self-drive car rental company. It allows the user to rent cars by the hour, day, week or month. Founded in 2013 and headquartered in Bengaluru, its service is presently spread across 27 cities. Its vehicle catalogue offers a wide and extensive variety of cars for self-drive in India, ranging from hatchbacks to SUVs, Sedan, luxury vehicles at all-inclusive prices that include the cost of fuel, insurance and taxes. The company's ever-expanding fleet is currently clocking nearly 3000 cars pan-India and increasing monthly. For more information, log onto http://www.zoomcar.com. a
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