As the cost of owning a vehicle is increasing, India is experiencing a fundamental shift towards the usage of shared mobility services. With increasing efforts to provide efficient and economical mobility solutions to the increasing population, carpooling is one of the models in shared mobility which is gaining traction among the urban population.

The carpooling platforms, basically, allow private car owners to offer rides splitting cost per seat for the route he/she will be traveling which can be accepted by anyone who is, registered on the same platform, willing to travel the same route at a nominal cost.

There are a number of small startups in the carpooling platform market that are trying to make it big in India such as Blablacar, sRide, Togo (Together we go), Sify, QuickRide, Carpool by Meru, EcoRider Carpool, Orahi, CoYatri, Ridemates, etc.

The market is segmented based on Type (Online Carpooling Platforms/ App-based Carpooling), on the basis of Application (Business/ Individuals/ Schools, etc.), on the basis of Distance (Local/ Outstation) and on the basis of Region (Cities/ States).

The global ride-sharing market is expected to cross 215 Billion USD by 2025 growing at a CAGR of 19% and India is expected to get a good share of this market projection with an everyday increasing number of people switching to sharing rides rather than traveling all by themselves.

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What I will get from these reports?

• It will give you a brief idea about the Carpool Platform.
• It will give you knowledge on technical, commercial aspects of the Carpool Platform.
• It will give you the information required budget, daily expenses, and profitability.
• It will provide you market-related information.

Key questions answered in the report: –

• What is the feasibility of starting a Carpool Platform?
• What are the most important affecting factors for the automotive industry?
• Which are the high growth market segments in the automotive industry?
• What are the requirements for starting a Carpool Platform?
• What will be the budget for developing the business?
• What are the market forecasts and estimates from the period 2019-2022?
• What are the major drivers, trends, restrains, threats, and opportunities in the automotive industry?
• Who are the major players in a Carpool Platform?
• How to get a loan or raise funds?
• All these and many more questions will be answered in these reports with detailed information.

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