Ford-backed car rental service Zoomcar based in Bangalore, India, is set to start a bicycle sharing business. Founder, American expatriate Greg Moran, said that the company will have its own fleet of cycles and will start the service in Bangalore, Chennai and Kolkata.
“We have observed a huge market gap for trips shorter than 5 kilometers (3 miles) and we believe that the cycle is best positioned to serve these cases. We are starting with a fleet of 500 cycles but we will take it to 10,000 within this year. We have worked heavily on the technology aspect of this business,” said Moran.
Zoomcar partners with a number of locations, such as retail stores and other small businesses in each city, to keep and manage the cycles. When a user requests for a cycle on the app, the nearest location will show up. The user can pick up a cycle from the location, and after using it, can leave it pretty much anywhere. The partner that is nearest has to arrange to pick up the cycle. The cycles will have GPS to indicate its location, reports the Economic Times.
Last updated: December 26th, 2025
