Business Description:The driving factor behind carpooling is necessity more than anything else. We don't really have many other options and soon, excuses like flexible times to avoid pooling will seem irrelevant given the traffic congestion and fuel costs.
Commute Easy is a unique initiative which aims to combine social networking with intelligent geo code based matching algorithms to facilitate carpooling in India.
It was initially set up in Bangalore and has over 4500 active users in Bangalore. We have now included other cities like Mumbai, Hyderabad, Chennai, Pune and Kolkatta.
We have the active support of Bangalore traffic police who are helping us incentivise, promote and mandate pooling. We are also in the process on setting up custom carpooling solutions for corporates and SMS based flexi-pooling.
Industry:Social Entrepreneurship venture
Founded in:2006
Source of idea:Wanted it as an individual customer
Significant Competitors:Koolpool.in, carpool.in, indimoto.com
Company Details :
Company Name:Buzzword Technologies
HeadQuarters:Bangalore
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):6-15
No of companies promoted:Yes (2)
Profits (2006):pre revenue
Profits (2007):pre revenue
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Carpooling as a concept is all set to take off in a massive way in India. The traffic police is seriously considering making pooling mandatory to ease congestion.
Also we are working on an SMS based flexi-pooling system which will help match ride sharers dynamically. This would be a premium service which would be chargeable.
The business will also be sustainable through custom carpooling solutions and sponsorships.
Awards & honors:-Is the only pooling initiative to be supported by the Bangalore traffic police.
-Was one of the core initiatives showcased at a press conference organized by the traffic police.
-Will soon have its own air time on radio.
-Has been covered extensively by news channels, newspapers, online media etc.
-Has received several requests from cities all over the world to set up a similar solution for them.
Promoters Details :
Promoters Name(s):Vipul Kasera
Age:25
HomeTown:Bangalore
Education:Masters RVCE
No of companies promoted:Yes (2)
Family Background:Business
Job:Xtreme Programmer at Thoughtworks
Ex-Job Description:Progamming
Favorite Book/Movie:The Godfather
