Cycle Chalao! Windup!
Yes, we are closing!
We are sending this one last email to all of you who loved us for what we did! We tried to build bicycle sharing systems in India since 2010 but have not succeeded so far and are deciding to windup our efforts and move ahead.
In all our efforts the greatest achievement is knowing YOU! We feel very happy to have friends from hundreds of cities and institutions and we hope to keep this relation going in our next BIG entrepreneurial venture. Of other things we feel victorious is to know that Urban Development Ministry, Govt. of India has released a bicycle sharing toolkit with emphasis on the business model we have advocated so far and some other cities have NOW modified and announced contracts in the way we have actively pursued.
The conclusion of our entire research, piloting, advocacy and working with government contracts is that the bicycle sharing systems to be successful in India have to be fully sponsored by the public authorities wherein the private corporations shall act as contractors to provide construction, operations and maintenance alone.
We accept our failure to carry on and wish to acknowledge the higher understanding of businesses, impact investments, working of public authorities and social entrepreneurial landscape in India, all thanks to the fantastic support from our investors, mentors, advisers, interns, volunteers and incubating institutions with special thanks to team at India Cycle Service!
Thank you very much for all your support and love!
We are sending this one last email to all of you who loved us for what we did! We tried to build bicycle sharing systems in India since 2010 but have not succeeded so far and are deciding to windup our efforts and move ahead.
In all our efforts the greatest achievement is knowing YOU! We feel very happy to have friends from hundreds of cities and institutions and we hope to keep this relation going in our next BIG entrepreneurial venture. Of other things we feel victorious is to know that Urban Development Ministry, Govt. of India has released a bicycle sharing toolkit with emphasis on the business model we have advocated so far and some other cities have NOW modified and announced contracts in the way we have actively pursued.
The conclusion of our entire research, piloting, advocacy and working with government contracts is that the bicycle sharing systems to be successful in India have to be fully sponsored by the public authorities wherein the private corporations shall act as contractors to provide construction, operations and maintenance alone.
We accept our failure to carry on and wish to acknowledge the higher understanding of businesses, impact investments, working of public authorities and social entrepreneurial landscape in India, all thanks to the fantastic support from our investors, mentors, advisers, interns, volunteers and incubating institutions with special thanks to team at India Cycle Service!
Thank you very much for all your support and love!
About:
Cycle Chalao! a popular slogan in every bicycle rally in India. The shout out is used by everyone who cares for the environment, the public transportation and our society.
We could not find a better word to describe what we are doing! We are India's leading bicycle sharing social enterprise. Bicycle Sharing (known as Bike Sharing in the west) is one of the major activity for us coupled with Bicycle Promotions and Bicycle Advocacy!
It's all about giving YOU the power to:
Cycle Chalao! a popular slogan in every bicycle rally in India. The shout out is used by everyone who cares for the environment, the public transportation and our society.
We could not find a better word to describe what we are doing! We are India's leading bicycle sharing social enterprise. Bicycle Sharing (known as Bike Sharing in the west) is one of the major activity for us coupled with Bicycle Promotions and Bicycle Advocacy!
It's all about giving YOU the power to:
- Curb Air & Noise Pollution
- Save Fuel
- Burn Calories & Improve Fitness
- Save Time
- Save Money
- Enjoy the fun & Happiness of cycling.... Every day!
