inDrive Targets 3x Growth, Appoints Vikrant Massey as Brand Ambassador

By By Rediff Money Desk, New Delhi
May 09, 2024 18:16
Ride-hailing app inDrive aims for a 3x growth in GMV and user base this year, with actor Vikrant Massey as its brand ambassador. Learn about inDrive's expansion plans and its unique approach to ride-hailing.
New Delhi, May 9 (PTI) Ride-hailing app inDrive is aiming to clock three-fold growth in gross merchandise value and user base this year, a senior company official said on Thursday.

The company has roped in "12th Fail" actor Vikrant Massey as its brand ambassador for one year for an advertisement campaign.

"This year our focus is to launch inDrive in 5-6 cities. We are looking at 3-fold growth in GMV, number of rides and user base this year," inDrive Senior GTM Manager Avik Karmakar said at the company's event.

He, however, did not disclose the actual GMV and subscriber base the company has at present. Karmakar said inDrive is present in over 15 cities, including all four metros.

The company has operations in 46 countries and provides scope for direct negotiations between drivers and passengers for rides.

"We have seen a 200 per cent growth in rides year-on-year. Rides are in millions in India. We are constantly growing our driver partners and focussing more to add electric vehicles in the fleet.

"At present, we have over 50,000 registered driver partners in metros and 15,000-20,000 drive partners in non-metros," Karmakar said.

He said inDrive is a profitable firm and doesn't follow any cash burn model. At the event, the company launched a new brand campaign "Ab app ki nahi, aap ki chalegi" with Massey.

"I am looking forward to being a part of inDrive India's campaign as their brand ambassador. I appreciate the service that inDrive provides to its riders and drivers. inDrive is fair, where instead of the app, the people decide the fare among themselves," Massey said.
Source: PTI
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indriveride-hailinggrowthvikrant masseybrand ambassadorgmvuser baseindiaexpansiondirect negotiationselectric vehicles
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