Often there are times whilst you maintain watching for the bus to take you in your office or maybe while you want to go out someplace, you stick your hand out for the taxis and autorikshaws but no person stops. What do you do then? Wait for good fortune to dawn on you and retain expecting a trip or get drenched in rain and perspire under the hot sun?
Anurag Singh Rathore, the founding father of Hyderabad primarily based Zify, too faced the equal hassle. “The every day trouble and the chaos on the streets with most automobiles being occupied via only a single person, helped me in coming up with Zify” he says.
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As one would see, humans status on the streets and inquiring for lifts is a not unusual website online in recent times. The concept of Zify isn't new but by some means it doesn’t seem to paintings because of diverse motives. After finishing their preliminary research, Anurag knew it wasn’t a technical problem but people trouble. And they located the key to make Zify paintings – and that was to apprehend the human behaviour whilst journeying.
Zify is an internet & cellular enabled dynamic trip-sharing provider. It’s a social platform connecting automobile-proprietors with passengers who are looking for a comfortable and less costly trip alternative for their each day shuttle.
“Our goal is to make your daily travel a a laugh revel in”
Once they identified the hassle, the following step become to validate the idea with the human beings and the pleasant way to do that became to ask the people directly. Within the first week of going stay, the website acquired more than 43,000 perspectives and it's been growing thereafter by way of nearly a hundred% month over month.
Anurag Singh Rathore
Then they started out sharing rides with strangers via asking them approximately the idea. The initial response and the comments furnished by means of them propelled Anurag and group to start their journey.
Once the imaginative and prescient was clean, Anurag collected a number of his savings and borrowed cash from his friends first of all the preliminary ground work. After they generated an amazing traction and reached a stage where the idea and the answer changed into verified, they secured seed investment of 10 Lakhs from Hyderabad Angels, 50K Ventures, IIIT Hyd CIE and Parampara finances at TechStock event for the duration of the TiE Mashup, earlier this year.
The employer turned into founded in February 2014 and is presently in beta. Zify’s marketplace traction is good too. After a a success alpha release, the initial list of customers who have proven interest is in 1000's. Currently they're into an invitation based totally private beta mode. Very soon they could be making it to be had to everybody across more than one towns.
How Does it Work?
Zify is pretty simple to use. After signing up and downloading the app, one have to offer his/her destination and the source is picked up the usage of GPS. Once the person posts a trip, he/she can get a listing of customers who are imparting journey near to at least one’s area to the destination which he/she’s going.
The startup has formulated positive verification methods in consultation with the law authorities and numerous government businesses. Their 2-way feedback mechanism also guarantees that they collect feedbacks for every ride to higher their services.
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They have an thrilling cashless machine for bills and splitting fares and fee price a fixed percent commission on the entire fare. When all of us shares a seat with a confirmed Zify consumer, they proportion the ride fee by using transferring Zify Points to each different. These points can be encashed by means of clearly putting a request with their client care.
Zify claims that it has the ability to apprehend human behaviour in a higher manner, not like its competition like Lyft, SideCar and RidingO.
Considering the operating elegance populace alone in Hyderabad is round 16 lacs and out of that IT/ITES population is around 7 lakhs, their is a huge market capacity as well.
Zify’s aim is to make touring a glad and a laugh revel in for the people. Even after such a lot of technological advancements and social networks, people are greater disconnected than ever. And that’s why the corporation desires to provide an offline social revel in to the customers. Also all their product offerings and services would be based totally on the motto of ‘Daily Commute Made Simple’.
The startup plans to interrupt even soon, however their most important recognition would be solely on increase with the aid of increasing the person base and developing a valuable carrier. Once they obtain that, profitability would be a rely few months for them.