Best Bike Taxi Startups across the Globe

Bike Taxi Apps have seen a surge in recent years with the advent of technology. Today you can book a taxi anywhere with just a few clicks on your mobile phones. Isn’t it amazing? Today we can quickly take a ride from an app from any place and track it in real-time. However, cab rides are still very expensive and may not be the suitable medium for travel for specific times and places in a city due to heavy traffic congestion and costs. Henceforth, a new type of taxi segment, popularly called bike taxis or two-wheeler ride-sharing service, has gained massive popularity. They operate through bike taxi apps or an additional option in already popular cab-hailing apps in Asian countries like Indonesia Thailand, India, Vietnam, etc. In this blog, we have covered our top picks for Bike Taxi Startups. So let us begin!

A look at Top Bike Taxi Startups across the Globe

Thanks to bike taxi startups today, we can travel from one place to another easily. There are a lot of bike taxi startups in past years. Here is our list of top 10 bike taxi startups, so let us begin without any further ado. 

1. Gojek

On the top of our list of best bike taxi startups is Gojek. Hailing from Indonesia, Gojek is one the most popular and successful bike tax startups. It is incredibly successful in Indonesia. Gojek was first established in 2010 with just 20 bikes as a call center providing delivery services. But today, it has a market value of over 10 billion USD with more than 40,000 cars, bikes, and trucks. 

Gojek provides all its services in 200 cities across Indonesia with the mission to use technology to create a social impact. The ultimate aim of Gojek’s GoRide taxi service is to provide scalable solutions to Indonesia’s ever-present traffic problems. 

Furthermore, today Gojek is operating in Thailand, Vietnam, Singapore, and the Philippines. Additionally, it is also aiming to enter other south-Asian countries, including India. Want to know how to grow your taxi business just like Gojek? Check out our blog How to grow your Taxi Business?

2. Rapido

Rapido is an app-based platform that provides two-wheeler ride-sharing services. It is India’s fastest-growing bike taxi app. Furthermore, Rapido Startup is currently offering its bike taxi services across 100 cities in India. Rapido’s topline shot up by ten times to 14 million USD during March 2020. Furthermore, its revenue from business operations grew 9.5 times from 1 million USD in 2019 to over 10 million USD in 2020.

It is quickly making its space in the market with over 25 million app downloads and 10 million customers. One can book a ride through the Android or iOS app and through a Facebook Messenger Bot too.

Rapido’s presence in the country has changed the concept of intra-city travel and made last-mile connectivity affordable for all. Some of the best features of Rapido includes

• Door-step Pickup
• Affordability
• Quick Ride

All these attributes have contributed significantly to its success. Rapido is revolutionizing intra-city travel with its disruptive service model, making it more convenient and affordable to all. How much is Rapido Bike Taxi Fare? Rapido bike taxi fare includes a base fare of $0.20 in addition to $0.04 for every Km.

Furthermore, Rapido has recently raised $422,000 in a new funding round led by US-based Battery Road Digital Holdings LLC.

3. Grab

On number three of our list of best Bike Taxi Startups, we have Grab. Grab was first launched in Malaysia in 2012 by Anthony Tan as a taxi service startup. But today, it offers a host of services for transportation and logistics. Finally, in 2014 it set up its bike taxi startup in Malaysia and soon expanded it to Thailand and Indonesia. Today Grab has evolved to be Southeast Asia’s largest mobile technology company which connects millions of customers, drivers, and merchants.

Furthermore, the drivers get smartphones from Grab, and the whole taxi service business operations thus conducted through this app. The app itself is packed with all the features and has an excellent user interface. This aspect of the bike taxi app makes it extremely easy and convenient for the users. 

Developing a Bike Taxi App is a daunting process. There are so many intricate things that one needs to take care of. Want to learn more about it? Check out our blog Bike Taxi App to know everything.

4. Uber Moto

After seeing the demand and success of bike taxi services, Uber also evaluated this strategy. This on-demand taxi giant started its bike taxi service in Banglore, India, in March 2016. However, we cannot actually term it as a Bike Taxi Startup since it started as a cab taxi giant. It gives a ride to their customers at very affordable prices with just a tap of a button. Uber Moto is currently available in 9 cities across India. 

The customers receive drivers and bike information, and before starting their journey, they get all their standard safety features. The rider receives a plethora of the facilities like GPS tracking, 2-way feedback, etc. Furthermore, UberMoto also enables the users to share their location with their friends and family. All these features make it on our list of best bike taxi startups. 

Uber Moto is available from 8 am to 10 pm every day. Uber moto gives very affordable rides with fares starting from $ 0.34 for 3 km. To sum up, Uber Moto is an excellent option for bike taxi services.

5. Ola Bike

Similar to Uber, Ola also tried to make its place in the bike taxi service market by launching its own bike taxi services in Chandigarh, India, back in March 2016. As of today, Ola has expanded its bike taxi services to more than 150 cities across India. 

According to Ola Mobility Institute (OMI), the revenue potential of bike taxi startups in India stands at about $5 billion. These numbers speak for themselves. One can only imagine the capability of this business in places like the U.S and Canada. Just like Uber, you can book bike taxis right from the main Ola app. Furthermore, Ola bike Taxi service’s success is mainly due to its high customer base on the Ola app. 

The app has all the top features. One can quickly register on the app using email and mobile number. To conclude, Ola Bike is an excellent example of a successful bike taxi firm. One can definitely take inspiration from their business and revenue models to setup profitable bike taxi startups.

6. Shohoz Ride

On number six of the best bike taxi startups is Shohoz Ride. Shohoz Ride is a Bangladesh-based startup. Shohoz is a combination of e-ticketing and e-hailing services that started back in 2014. Henceforth, you can book online bus, hotel, and event tickets and book for e-hailing services too using the app. Some of the top features of the app include – 

• Quick and Easy Registration

• Fast payment using bKash Wallet or even cash

• In-app Reviews and Rating option

• Affordable Fares

All these features make Shohoz Ride extraordinarily successful and popular in a developing nation like Bangladesh. Since cabs are pretty expensive and often not a very feasible option keeping in mind the traffic and narrow routes. In such cases, the bike taxi service comes very handily. Similarly, bike taxis are much more affordable than cabs, making them a better choice for traveling intra-city. Shohoz Ride has been a successful venture in Bangladesh due to the same reasons. 

7. SafeBoda

Ricky Thompson, who was an entrepreneur and formerly a bike taxi drive, founded SafeBoda in 2015. SafeBoda is an Uganda-based bike taxi startup. SafeBoda is a massive community of Boda drivers and entrepreneurs who are constantly working to improve transportation standards across Africa. It works with the motive to uplift the African Community by empowering them and providing them with all the necessary resources. SafeBoda aims to modernize informal transportation and ensure safe access to mobility.

Furthermore, SafeBoda has employed over 6000 riders in Kampala, Uganda’s capital. Many social enterprise investors, including Global Innovation Fund, support SafeBoda to improve Africa’s professional transportation standards. Consequently, as of August 2018, SafeBoda has even expanded its services in Nairobi and Kenya. SafeBoda, like all the other bike Taxi Apps, is available on both Android and iOS platforms. To conclude, SafeBoda provides safe, affordable, and quick urban transportation services for Africa’s booming population. 

8. Pathao

Number eight on our list of best bike taxi startups is Pathao. Launched in 2015, Pathao is a Bangladesh-based ride sharing app. Headquartered in Dhaka, Bangladesh, it is an on-demand digital platform and vehicle for hire company. Pathao offers its services in all the three major cities of Bangladesh and in Nepal too. Apart from Bike taxi service, Pathao also offers courier, food delivery, and e-commerce services. Additionally, Pathao bike rent is also pretty reasonable.

Furthermore, customers can also earn a pretty good income with their cars or two-wheelers through the Pathao app. Similarly, this app also offers a package delivery service. Thus, the agents can use their own motorbikes to deliver packages. Pathao also claims to deliver the package as quickly as 90 minutes. Pathao had over 1 million users in March 2018, and the company has a net worth of over 100 million dollars as of April 2018.

Furthermore, Pathao has also been the first major ride sharing company to be awarded an enlistment certificate from the authorities in Bangladesh.

9. Bikxie

In 2015, Mohit Sharma and the other two co-founders introduced the Bikxie bike taxi service in Gurgaon to address the city’s last-mile connectivity issue. The service provided by Bikxie is exceptionally affordable and is available in key locations throughout the city.  Bikxie offers a safe and convenient option for travel in the city. Be it going to the metro stations, market, bus stops, you can do it all through Bikxie.

Just like all the other Bike Taxi Apps, Bikxie is available on both Android and iOS platforms. You can book a ride from all the critical locations in the city. However, Bikxie’s website is still under development. Bikxie is one of the first Bike Taxi Startups to offer a gender-based two-wheeler service. Henceforth, Bikxie blue is for men, and Bikxie pink is for women.

Furthermore, the company owned by MhV Pvt Ltd has raised a funding of around three hundred thousand USD from a micro venture capital fund, GEMs Partners. Thus, Bikxie is a fantastic example of a small but successful Bike Taxi Startup.

10.Gokada

On number 10th of our list, we have Gokada. Founded in 2017, Gokada is a Nigeria-based Bike Taxi startup. Gokada has its headquarters in Lagos, Nigeria. Fahim Saleh and Deji Oduntan founded Gokada to revolutionize the way people travel around the city in Nigeria. The main motive behind Gokada is to provide people with safe and affordable transportation throughout any part of Lagos. 

The app is available on both platforms, i.e., Android and iOS. Today Gokada is the largest last-mile delivery service platform in Nigeria. It has total funding of $12.4 million. To wrap up, Gokada is an excellent bike taxi startup providing excellent delivery and ride services in Nigeria.

These were our top 10 bike taxi startups. All these bike taxi startups have one thing in common: strategic business and revenue models. All these bike taxi startups did in-depth market research and provided the customers with what they wanted. Anyone aspiring to set up their own bike service startup must follow the same route and plan business models accordingly with substantial funding resources.

What is Bike Taxi, and How does a Bike Taxi App Works?

A bike or motorcycle taxi is a form of licensed taxi in many parts of the world. These bike taxis work as a mode of public transportation to carry people from one place to another.

In this next segment of our blog, let us learn more about bike taxis and how bike taxi apps work. Booking a bike taxi from an app is no different than booking a cab. We have simplified this process by dividing it into simple steps. So the first step is –

• Requesting a Ride

Passengers must install the bike taxi app on their mobile phones to book a bike taxi. After successful registration, they can choose their pickup and drop location on the in-app map. After selecting the location, they are assigned a nearby biker.

• Take the Ride

The biker arrives at your pickup location and then drops you at your desired drop location. In some cases, the biker even provides a helmet for your ride. 

• Pay for the Ride Service

Once your ride is completed, you must pay for your ride. You can pay through multiple payment options available on the app. Furthermore, in some regions, you can even pay through cash.

• Rate and Review your Ride

After finishing your ride, you can give valuable feedback through the app.

So that was all about bike taxis and how to use a bike taxi app. So the next time you are travelling around the city you know how to book one for yourself.

Key Components & Features of Bike Taxi Apps

Any bike taxi app solution will have three key components – 

1. Customer panel

Some of the top features of a customer panel in a bike taxi panel includes-

• Quick and easy registration
• Seamless ride bookings
• Real-time Vehicle Tracking
• Multiple Payment Options
• In-App chat support or Digital Assistant
• Real-time Notifications
• Reviews and rating Features
• Trip History

2. Bike driver panel

Top features of a bike driver panel include-

• Easy Registration
• GPS Navigation
• Online/offline Toggle
• Trip Bookings
• Track Customers Ratings
• Start/End Ride Option
• Track Earnings
• Functional Driver’s Dashboard

3. Admin panel

• Efficient Admin Dashboard
• Manage Customers
• Quick Bikers Managements
• Manage Promotional Offers
• Easy Tracking of fares
• Manage notifications

These were some of the key attributes of a bike taxi app. One must take care of all these features when developing an on-demand bike taxi app like Ola taxi and Rapido. Want to know more about bike taxi apps and their all other features in depth? Check out our next blog Bike Taxi Apps- features, scope and everything else you need to know before development.

Cost of developing an App for Bike Taxi Startups

In this next segment of our blog, let us look at the cost of developing a Bike Taxi app for Bike Taxi Startups. We have to consider a lot of other factors to find out the actual price of development.

These factors include Geographical location, Target Platform(Android or iOS), Integrated Technologies, and Features. Developing an app in the USA or Europe is relatively higher than creating an app anywhere else. Similarly, if your target platform is both Android and Apple, the cost of development would be higher in that case. The more advanced features, the more will be the cost of development.

Apart from UI/UX designing and front and back end development, testing tools also costs a lot. The cost of developing an app also depends on the fact that if it is a Native app or a Hybrid app. 

Considering all the factors, the cost of developing a Bike Taxi App with all the features is around $20000 to $30000. 

But if budget is your constraint, then you need not worry. With Idea Usher, you can create innovative online Bike Taxi service apps within your budget without compromising quality.

What are the benefits of using Bike Taxis?

The highly congested roads and heavily populated areas are not very good for cab rides. The only way you can quickly reach your destination is through bike taxis. Bike taxis are a very option when you are trying to save time travelling intra-city. Additionally, bike taxis are much more affordable than cab rides. So it is a win win situation for customers. They can save both money and time travelling through bike taxis. 

Furthermore, bike taxis also increase employment rates in the concerned areas. Since a lot of people already have two wheelers they can easily make a living from it. Bike Taxis are much more productive and scalable than regular car taxis.

Developing a Bike Taxi App with Idea Usher

Bike Taxi Apps are becoming a new trend in the tech world. They are creating a roar in the market due to their high demand among the people. If you are thinking of building a solid and scalable Bike Taxi App, you will be at the right place. Idea Usher is a leading software and app development company that designs web and mobile-based solutions for you.

From design to development, we have got you covered! Our team of best developers will guide you through each and every step of app development, be it designing or marketing your app. We will cater to all your needs and requirements to produce the best-customized solutions.

Furthermore, we use cutting-edge technologies such as Artificial Intelligence, Blockchain Development, and Machine Learning and complement them with human-centric UI/UX design to offer futuristic and result-driven solutions.

Our services are not just limited to just designing and developing your app. We offer our services post your app’s launch too. Furthermore, we will help you form effective PR strategies to boost your app’s performance in the market.

What are you waiting for then? Contact us today to get your dream project started! Also, do not forget to check out our portfolio and the comprehensive list of services we offer to our clients across the globe.

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Wrapping Up

To wrap this all up, Bike Taxi Startups are growing rapidly in different parts of the world. The major reason for its success is that it is way cheaper than cab rides. Furthermore, the bike taxis are more feasible in regions dealing with huge traffic and narrow routes. Bike taxis in such cases are a more feasible, productive and affordable option to travel intra-city. Henceforth, to conclude it is a great startup idea which is quickly making its pace in different parts of the world not just in South Asia. The growing popularity of bike taxis in south Asia and Africa is a definite validation of this trend. It shows that there is a huge scope of success and profits in this business if implemented strategically.

Henceforth, Setting up a bike taxi business in developed countries such as the USA and Canada will definitely bring you huge profits. The only prerequisite is a solid planning and stable investment initially. After which your bike taxi startup will blow up like no other business venture.