Wheelstreet, India’s leading Bike Rental platform launches operations in Hyderabad with a large fleet of two wheelers at affordable rental pricing. The launch follows a study conducted among Millennials and office goers in Hyderabad, who reinforced the need for more convenient rental options in the city.
The study suggests that businesses today cater to two key trends – Sharing Economy and Building Communities. Realistic price points, convenient accessibility and availability of two wheelers would encourage people to share instead of buying bikes according to the data collated by the company. Most respondents also reiterated the need for more bikes as a convenient mode of transport in a fast growing city like Hyderabad. Affordability was another factor that came out in favour of bikes.
Moksha Srivastava, Co-Founder and CMO, Wheelstreet said
Wheelstreet aims at re-solving problems related to intercity and intra-city travel, with affordable pricing and easy access to the bikes along with convenient pick up and drop facilities. Supported by a strong technology backbone we aim to redefine local commute, specifically in the two-wheeler sector. I also see the emergence of Sharing Economy as a radical shift in the mind-set of future generations which reinforces our business model and its growth potential.
Now Hyderabad’s bike lovers can rent a bike at prices as low as Rs.13/hour on Wheelstreet. The company has launched over 200 brand new bikes which include two wheelers such as Scooty Pep, Honda Activa, Royal Enfield, Bajaj Pulser, TVS Apache, etc. Pick up and drop facility are available at prime locations including Hi Tech City, Gachibowli(2), Panja Gutta, A S Rao Nagar, Banjara Hills, S R Nagar and Madhavpur(2). These locations were strategically chosen to cover important areas in Hyderabad. In addition to the above-mentioned location, there are 10 more centres which will be added to the website shortly.
Wheelstreet is a bike rental aggregator that works with independent vendors enabling them to offer personalized services including different pricing structures for the same bike, multiple pickup locations, a huge fleet of the latest bikes and real time availability on the platform. It is a marketplace for vendors and people looking to rent bikes. Wheelstreet.com was launched in November, 2014 and is headquartered in Bengaluru. The company was founded by Moksha Srivastava and Pranay Shrivastava, two friends in their early twenties. For more information, please visit Wheelstreet