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	<title>MYBYK - Latest News &amp; Reviews</title>
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	<title>MYBYK - Latest News &amp; Reviews</title>
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		<title>MYBYK expands 30 bicycle hubs in Ahmedabad with a fixed monthly subscription</title>
		<link>https://www.thetechoutlook.com/current-affairs/business/mybyk-expands-30-bicycle-hubs-in-ahmedabad-with-a-fixed-monthly-subscription/</link>
		
		<dc:creator><![CDATA[Mohit Gadhok]]></dc:creator>
		<pubDate>Tue, 28 Jan 2020 11:42:37 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[MYBYK]]></category>
		<guid isPermaLink="false">https://www.thetechoutlook.com/?p=2709</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription.jpg 1200w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-300x169.jpg 300w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-1024x576.jpg 1024w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-768x432.jpg 768w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-696x392.jpg 696w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-1068x601.jpg 1068w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>
<p>MYBYK, an Ahmedabad based company providing sustainable mobility solutions,&#160;is now looking to expand aggressively in the entire city of Ahmedabad. It applied for and received permits under the&#160;&#8216;Amdabike&#8217;&#160;project of&#160;Smart City Ahmedabad Development Limited (SCADL)&#160;to provide its&#160;fully automated IoT enabled dockless bicycle sharing service. The company has already set up a network of&#160;30 HUBS connecting to [&#8230;]</p>
<p>The post <a href="https://www.thetechoutlook.com/current-affairs/business/mybyk-expands-30-bicycle-hubs-in-ahmedabad-with-a-fixed-monthly-subscription/">MYBYK expands 30 bicycle hubs in Ahmedabad with a fixed monthly subscription</a> appeared first on <a href="https://www.thetechoutlook.com">The Tech Outlook</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription.jpg 1200w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-300x169.jpg 300w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-1024x576.jpg 1024w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-768x432.jpg 768w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-696x392.jpg 696w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-expands-30-bicycle-hubs-in-Ahmedabad-with-a-fixed-monthly-subscription-1068x601.jpg 1068w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /></div>
<p>

MYBYK, an Ahmedabad based company providing sustainable mobility solutions,&nbsp;is now looking to expand aggressively in the entire city of Ahmedabad. It applied for and received permits under the&nbsp;<strong>&#8216;Amdabike&#8217;</strong>&nbsp;project of&nbsp;<strong>Smart City Ahmedabad Development Limited (SCADL)</strong>&nbsp;to provide its&nbsp;<strong>fully automated IoT enabled dockless bicycle sharing service</strong>.</p>



<p>The company has already set up a network of&nbsp;<strong>30 HUBS connecting to the BRTS in Ahmedabad where users can DROP the bike at the boarding station and similarly PICK up another bike from the station where they alight to go to their destination.&nbsp;&nbsp;</strong>For this, the company has already deployed a fleet of 500 cycles and another 500 cycles are on their way. Over the coming months, MYBYK plans to connect to all the remaining BRTS and AMTS stations as well as the upcoming Metro (in future).</p>



<p><em>&#8220;It is a perfect partnership where&nbsp;SCADL&nbsp;will invest in providing space and creating common parking infrastructure while operators like us will invest in bicycles, technology, and operations. We are not seeking any subsidy from the government and will have the necessary operational freedom which is essential to make PBS a success&#8221;</em><strong>says CA Arjit Soni, Founder of MYBYK.&nbsp;</strong></p>



<p>Users can operate bicycles from their home, just like their personal cycles for daily chores or health or leisure. Here are the hubs which went live on 26th January 2020: <br><strong>Route: Chandranagar BRTS to RTO</strong><br>1. Chandranagar BRTS<br>2. Anjali Char Rasta BRTS<br>3. Dharnidhar BRTS<br>4. Manekbaug BRTS<br>5. Nehrunagar BRTS<br>6. Jhansi Ki Rani BRTS<br>7. Shivranjani BRTS<br>8. Himmatlal Park BRTS<br>9. Andhjan Mandal BRTS<br>10. Memnagar BRTS<br>11. Sola Cross Road BRTS<br>12. Shastrinagar BRTS<br>13. Pragatinagar BRTS<br>14. Akhbar Nagar BRTS<br>15. Bhavsar Hostel BRTS<br>16. Ranip BRTS<br>17. RTO BRTS</p>



<p><strong>Route: Iskon to Shivranjani</strong><br>18. Iskon Cross Roads BRTS<br>19. Ramdevnagar BRTS<br>20. ISRO BRTS<br>21. Star Bazaar BRTS<br>22. Jodhpur Char Rasta BRTS</p>



<p><strong>Route: Nehrunagar to MJ Library</strong><br>23. L Colony BRTS<br>24. Panjrapole BRTS<br>25. Gulbai Tekra BRTS<br>26. LD Engineering BRTS<br>27. Commerce Six Roads BRTS<br>28. Vasundhara Society BRTS<br>29. Law Garden BRTS<br>30. MJ Library BRTS</p>



<p><strong>How MYBYK works?</strong><br>1. REGISTER AND&nbsp;<strong>BRING MYBYK HOME.&nbsp;</strong>It’s a&nbsp;<strong>fixed monthly subscription</strong>&nbsp;that offers unlimited use though hourly, weekly and long term plans will also be available to cater to varying needs of users.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="210" height="94" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/unnamed.png" alt="image.png" class="wp-image-2713"/></figure>



<p>2. FOR&nbsp;<strong>SHORT COMMUTES,&nbsp;&nbsp;</strong><strong>MYBYK works just like one’s personal bicycle</strong>&nbsp;and you can use it to cycle your way to daily chores by unlocking the bike&nbsp;<strong>at your home</strong>.<br></p>



<figure class="wp-block-image size-large"><img decoding="async" width="269" height="103" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/unnamed-1.png" alt="image.png" class="wp-image-2714"/></figure>



<p>3. FOR&nbsp;<strong>LONG COMMUTES</strong>, MYBYK seamlessly connects to public transport. Users can cycle&nbsp;<strong>from their Home</strong>&nbsp;to the nearest public transport and DROP the bike there. Similarly, they can pick up another bike from the station where they alight to cycle their way to the destination.<br></p>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="530" height="123" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/unnamed-2.png" alt="image.png" class="wp-image-2715" srcset="https://www.thetechoutlook.com/wp-content/uploads/2020/01/unnamed-2.png 530w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/unnamed-2-300x70.png 300w" sizes="auto, (max-width: 530px) 100vw, 530px" /></figure>
<p>The post <a href="https://www.thetechoutlook.com/current-affairs/business/mybyk-expands-30-bicycle-hubs-in-ahmedabad-with-a-fixed-monthly-subscription/">MYBYK expands 30 bicycle hubs in Ahmedabad with a fixed monthly subscription</a> appeared first on <a href="https://www.thetechoutlook.com">The Tech Outlook</a>.</p>
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			</item>
		<item>
		<title>Cycles have become a lifestyle statement: Arjit Soni, Founder, Mybyk</title>
		<link>https://www.thetechoutlook.com/interviews/cycles-have-become-a-lifestyle-statement-arjit-soni/</link>
		
		<dc:creator><![CDATA[Team Tech Outlook]]></dc:creator>
		<pubDate>Wed, 01 Jan 2020 17:58:04 +0000</pubDate>
				<category><![CDATA[Interviews]]></category>
		<category><![CDATA[MYBYK]]></category>
		<guid isPermaLink="false">https://www.thetechoutlook.com/?p=2282</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city..jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city..jpg 1200w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-300x169.jpg 300w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-1024x576.jpg 1024w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-768x432.jpg 768w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-696x392.jpg 696w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-1068x601.jpg 1068w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /></div>
<p>Founded by Arjit Soni, a chartered accountant, in 2014, the company offers safe and hassle-free rides according to the users’ needs and convenience. Let’s read what Arjit has to share about his journey, the inception of this company, the motive behind starting this company, and much more: Q. In the era of climatic change and [&#8230;]</p>
<p>The post <a href="https://www.thetechoutlook.com/interviews/cycles-have-become-a-lifestyle-statement-arjit-soni/">Cycles have become a lifestyle statement: Arjit Soni, Founder, Mybyk</a> appeared first on <a href="https://www.thetechoutlook.com">The Tech Outlook</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city..jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city..jpg 1200w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-300x169.jpg 300w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-1024x576.jpg 1024w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-768x432.jpg 768w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-696x392.jpg 696w, https://www.thetechoutlook.com/wp-content/uploads/2020/01/MYBYK-a-premium-bicycle-sharing-and-renting-service-based-out-of-Ahmedabad-India-is-a-sustainable-cycle-sharing-service-that-can-be-used-for-trips-around-the-city.-1068x601.jpg 1068w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /></div>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p><strong>Founded by Arjit Soni, a chartered accountant, in 2014, the company offers safe and hassle-free rides according to the users’ needs and convenience.</strong></p></blockquote>



<p><strong>Let’s read what Arjit has to share about his journey, the inception of this company, the motive behind starting this company, and much more:</strong></p>



<p><strong>Q. In the era of climatic change and pollution problems, how important is to switch to cycles than vehicles like bikes and scooty?<br></strong><br><strong>Arjit Soni</strong>: It is quite evident that cars cannot grow beyond a point as parking is the constraint to their growth. And therefore, people will have to switch to public transport, which in return will cause problems like connectivity which makes it less accessible and convenient.</p>



<p>Whereas, cycles as an alternative and sustainable mode of transport are a great medium for short-distance commuting but not really practical when distance gets long.</p>



<p>Hence, MYBYK, with which we are addressing both the limitations of public transport and cycles by bringing them together.&nbsp;<br><br><strong>Q. Since 2014, what kind of changes have you witnessed in bicycle industry and consumer interest?<br></strong><br><strong>Arjit Soni</strong>: Bicycle industry hasn&#8217;t changed at all and in fact, in India it is the most conservative industry.</p>



<p>As long as consumer interest is concerned, I can definitely say that from being a social stigma (still present in lower-income groups) cycles have now become a lifestyle statement.&nbsp;<br><br><strong>Q. Renting and sharing also brings a lot of damage issues, how do you deal with them?<br></strong><br><strong>Arjit Soni</strong>: My education has helped me here. Being a chartered accountant, my strength lies in designing control processes and fixing up accountability. And this is what differentiates us from the rest of our competitors. So unlike ofo, mobike and even India bicycle-sharing operators who failed miserably due to theft and vandalism, I am proud to say that our theft and vandalism ratio is next to zero.&nbsp;<br><br><strong>Q. Apart from the balance in the environment, what is the motive behind this start up?<br></strong><br><strong>Arjit Soni</strong>: The vision is to help the country go in the direction of becoming a developed nation. I think if given proper attention, with this idea, the country&#8217;s wasteful expenditure on flyovers and road infrastructure can be reduced. Also, it can help in minimising the dependence on petrol.</p>



<p><strong>Q. What all geographical areas is your company targeting to reach in the near future</strong><br><br><strong>Arjit Soni</strong>: For now, we have a huge expansion coming up in Ahmedabad and we are focused on that. We have 2 more opportunities in Mumbai (we won&#8217;t the STAMP 2019 challenge and get to pilot with Mumbai Metro Line 1) and Udaipur.</p>



<p>Cities such as Delhi, Indore, Bhopal, Rajkot, etc with a Mass Rapid Urban Transport such as BRTS or METRO are ideal cities for us to expand as our value proposition lies in the first and last-mile connectivity.</p>
<p>The post <a href="https://www.thetechoutlook.com/interviews/cycles-have-become-a-lifestyle-statement-arjit-soni/">Cycles have become a lifestyle statement: Arjit Soni, Founder, Mybyk</a> appeared first on <a href="https://www.thetechoutlook.com">The Tech Outlook</a>.</p>
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