MyPickup
 | |
| Company type | Private |
|---|---|
| Industry | EV, Mobility, Ride-hailing |
| Founded | 2022 |
| Founder | Abhijeet Dattatraya Jagtap |
| Headquarters | Bangalore, Karnataka , India |
Area served | India |
Key people | Abhijeet Dattatraya Jagtap (Founder) |
| Products | Subscription-based EV auto-rickshaw service |
| Website | mypickup |
MyPickup is an Indian subscription-based electric auto-rickshaw service provider founded in 2022 by Abhijeet Dattatraya Jagtap. The company’s mission is to provide a reliable, eco-friendly transportation solution with zero cancellations and no surge pricing. MyPickup primarily caters to daily commuters, such as office-goers and school children, offering scheduled pick-up and drop-off services across its coverage areas.[1][2]
History
Founded in 2022 in Bangalore, Karnataka, by Abhijeet Dattatraya Jagtap, MyPickup was established with a vision to provide a sustainable and reliable alternative in the ride-hailing industry. The startup initially targeted urban areas, focusing on addressing issues like carbon emissions and urban congestion through the use of electric auto-rickshaws.[3]
Services
MyPickup offers a subscription-based model for electric auto-rickshaws, aimed at reducing common issues like cancellations and surge pricing. This model supports daily commutes for office workers, school children, and others with fixed schedules, providing affordable and eco-friendly transport. Customers can choose a subscription plan, allowing them to pre-book rides at fixed times and prices.[4][1]
Funding
In its first year, MyPickup secured ₹15 crore ($1.8 million USD) in a seed funding round led by Inflection Point Ventures (IPV). The funding aims to support the startup’s fleet expansion, technology development, and service extension to other Indian cities.[1][5]
Market and Strategy
MyPickup differentiates itself within the Indian EV and ride-hailing market by focusing on subscription-based, electric auto-rickshaw services. Competing with companies like BluSmart and Uber’s EV options, MyPickup’s emphasis on zero cancellations and stable pricing has made it a viable choice for regular commuters in Tier-1 and Tier-2 cities.[6][1]
Technology and Innovation
MyPickup employs advanced technology for fleet management, using real-time data for route optimization and operational efficiency. To further reduce downtime, the company is collaborating with battery-swapping providers, enhancing reliability for both customers and drivers.[7]
Sustainability and Environmental Impact
The company’s mission aligns with India’s goals of promoting sustainable development and reducing carbon footprints. By offering an EV-based, subscription-only model, MyPickup encourages the adoption of green transportation solutions.[8]
See Also
References
- ↑ 1.0 1.1 1.2 1.3 "EV Ride-Hailing Startup MyPickup Bags Rs 15 Cr In Seed Round Led By IPV". BW Disrupt. Retrieved 2024-10-26.
- ↑ "MyPickup Profile". Crunchbase. Retrieved 2024-10-26.
- ↑ "MyPickup LinkedIn Profile". LinkedIn. Retrieved 2024-10-26.
- ↑ "Subscription-Based EV Autos: How MyPickup is Revolutionizing Commuting". YourStory. Retrieved 2024-10-26.
- ↑ "MyPickup Profile". Tracxn. Retrieved 2024-10-26.
- ↑ "How MyPickup is Making EV Ride-Hailing a Reality in India". Business Today. Retrieved 2024-10-26.
- ↑ "Battery Swapping and Real-Time Data: MyPickup's Innovative Solutions". LiveMint. Retrieved 2024-10-26.
- ↑ "India's Path to Sustainability with EV Startups like MyPickup". Economic Times. Retrieved 2024-10-26.