Bounce provides scooter rental service with keyless and driverless bikes. Today we will discuss:
Catch this in Hindi: https://youtu.be/sOdlYxaC8h4
1. How Bounce Work
2. How Bounce Earns
3. How Bounce saving environment
4. Challenges for Bounce
5. Bounce Interview Preparation
Introduction to India's Startup Hub: https://youtu.be/XFinFePh700
English Article: https://onlineseoblog.com/startup-business-model-analysis/bike-rental-sharing-startups-success-stories/bounce-working-operation/
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2. What is Bounce
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Milestones Achieved
$220 Mn valuation | 60K rides per day| Presence in 10+ cities including Bengaluru, Dandeli,
Shravanabelegola, Hyderabad, Gokarna, others
Revenue Model
Fare Charges, In-App Ads (In-Future), Advertisement on vehicles (In-Future)
Top Categories
Rental service via Bi-Cycle, Scooters, Motobikes
Founders
HR Vivekananda, Varun Agni and G Anil
Introduction
Bounce offers a scooter sharing service which allows users to pick up a scooter from
anywhere, ride it to their destination and drop it off at any location
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Presented By: Jatin Srivastava_Onlineseoblog
3. Commute Short Rides
Long Rides Upcoming
Services*
Commute
Assured Bikes everyday
Long Rides
More than a day
Short Rides
Pick & Drop Anywhere
Upcoming Services*
Rent & Share
Top Notch Services
*Might be in pipeline
Presented By: Jatin Srivastava_Onlineseoblog
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Smart Phone & Internet Plays a crucial role
Internet Boom
Easily accessible using web & app
App Presence
Daily commuters economical transportation + last
mile connectivity
Population Preference
Bikes operated via OTP (IOT Enabled)
Replacing Keys
Bounce Enabling Factors
Presented By: Jatin Srivastava_Onlineseoblog
5. How Bounce Works
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Visit App/Website
Create Profile
Locate the nearest
bike
Confirm the booking by
making payment
Reach the pick-up
point
Enter OTP – Start
Riding
Presented By: Jatin Srivastava_Onlineseoblog
6. Fare Charges
In-App Ads
Advertisement
Rs. 5/Km – Rs. 0.5/minute
Google Ads within Application*
Advertisement on vehicles*
Bounce Revenue Model
Presented By: Jatin Srivastava_Onlineseoblog
* Can bring in future
7. Competitors Support
Quality Cyber Attack
Competitors
Rapido, Vogo, Drivezy, ONN
Quality
Condition of bikes: Maintenance,
Fuel, Helmet, etc.
Support
Social Media reviews says heir
support is not good
Cyber Attack
Website/App down, hacking
attempt, etc.
Possible Challenges for Bounce
Presented By: Jatin Srivastava_Onlineseoblog