SoCoMo Technologies

Swiggy is India’s leading on-demand delivery platform with a tech-first approach to logistics and a solution-first approach to consumer demands. With a presence in 500 cities across India, partnerships with hundreds of thousands of restaurants, an employee base of over 5000, a 2 lakh+ strong independent fleet of Delivery Executives, we deliver unparalleled convenience driven by continuous innovation. Built on the back of robust ML technology and fuelled by terabytes of data processed every day, Swiggy offers a fast, seamless and reliable delivery experience for millions of customers across India. From starting out as a hyperlocal food delivery service in 2014, to becoming a logistics hub of excellence today, our capabilities result not only in lightning-fast delivery for customers, but also in a productive and fulfilling experience for our employees. With Swiggy’s New Supply and the recent launches of Swiggy Instamart, Swiggy Genie and Health Hub, we are consistently making waves in the market, while continually growing the opportunities we offer our people.

Your driver on demand

Rapido is a bike taxi service spread widely across all of India from Tier 1 to Tier 3 cities. The app allows you to book bike taxis with minimum wait time, maximum safety and is super easy on your pockets.

Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 1.5 million driver-partners. Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; India’s largest fleet management business, Ola Fleet Technologies and Ola Skilling, that aims to enable millions of livelihood opportunities for India's youth. With its acquisition of Ridlr, India’s leading public transportation app and investment in Vogo, a dockless scooter sharing solution, Ola is looking to build mobility for the next billion Indians. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands through India’s largest network of kitchens under its Food business. Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; India’s largest fleet management business, Ola Fleet Technologies and Ola Skilling, that aims to enable millions of livelihood opportunities for India's youth. With its acquisition of Ridlr, India’s leading public transportation app and investment in Vogo, a dockless scooter sharing solution, Ola is looking to build mobility for the next billion Indians. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands through India’s largest network of kitchens under its Food business.

JunoTele is a payment technology company that provides carrier billing, image captcha, and anti-bot solutions for websites. They offer direct carrier billing in India, UK, Australia, Dubai, Sri Lanka, Qatar, Oman, and Malaysia. JunoTele also provides f...

Launched in 2007, Meru pioneered the concept of tech-enabled ride-hailing service in India. Ever since, we have served over 13 million customers across 24 cities and take pride in the professional management of cab services across local and outstation rides. We are also the official cab service available at all major private airports across India, for over a decade. Having over 5 million Android and iOS mobile app users, 24/7 call centers and a responsive booking website, Meru connects its customers to newest technologies, backed with an active support base, thus delivering a reliable customer service at its best

Jumio is an online mobile payments and identity verification company that provides card and ID scanning and validation products for mobile and web transactions, which they sell as "Netverify Trusted Identity as a Service"

DriveU is India's largest private driver network that operates across multiple cities with 24x7 operation centres and driver partners on their platform. Their chauffeuring system practices complete transparency that focuses on customers' needs first by creating a clear pricing model based on use, consistent service quality, and have used technology to increase the efficiency and earnings of their driver partners. DriveU solves the problem of finding reliable and safe drivers for personal or commercial use. They operate in the transportation industry and provide a platform for customers to book drivers for their personal or commercial needs. The company ensures complete transparency in their pricing model and service quality, which makes them a trustworthy option for customers. DriveU uses technology to increase the efficiency and earnings of their driver partners, which makes it a win-win situation for both customers and drivers. Industries in which DriveU operates include transportation, logistics, and travel. They cater to both personal and commercial needs, making them a versatile option for customers. DriveU's services are especially useful for people who do not own a vehicle or do not want to drive themselves. They also provide a cost-effective solution for businesses that require drivers for their operations.

Heard of the Chalo before? Probably not.

Would you then believe that Chalo has 20,000 city buses on its platform across 25 cities, staffs 800+ people, issues 2mn tickets a day and reports a GMV of $250 million? If that left you surprised, we have clearly done a great job of building in stealth mode!

 

We are solving a real-world problem that affects 200 million Indians everyday and on the way, creating India's largest mobility company. If you are hungry to solve complicated problems, always build for massive scale and ready to commit yourself to delivering value to our stakeholders - we encourage you to keep reading.

 

How Large Is The Problem?

Transport is the #2 spend category for an average Indian household accounting for 20% of all expenses; only food is more. Bus tickets account for 60% of $60 billion annually of this expenditure i.e. 10x of taxis. However, each bus commuter spends the equivalent of 8 days a year waiting for a bus and bus operators have losses running into hundreds of millions of dollars annually.

 

What We Solve?

We aim to make travel better for everyone. Today we do so by improving the experience of taking city buses - 30 minutes less waiting, 50% lower ticket transaction cost. This kick starts a virtuous circle, where happier commuters means more rides which in turn means more revenue for our bus operator partners, which means better services for commuters. Our most important KPI is the revenue uplift achieved - we are currently tracking at 20% uplift, enabling some operators to be profitable for maybe the first time in this business.

 

Still More?

The opportunity to build a company comes rarely, the opportunity to build a company that can so dramatically impact the lives of millions, comes once in several lifetimes. If that opportunity does come knocking, you better be prepared to grab it with both hands and then give all of yourself to it.

We are India's leader for inter-city taxi travel.We started Gozo in November 2015, with a mission to democratize chauffeur driven taxi travel all over India with quality service, reliable delivery and a reasonable price. Each member of our leadership team has global exposure & industry experience of over 20 years with complementary strengths in technology, operations and a strategic bent for disrupting markets. The founders come from education institutions like IIT Delhi, USC USA and IIM Bangalore.