Sunday, 19 June 2016

LIMO bus aggregator app

Hey Guys, if you are from Mumbai, today I am going to talk with you about an app that can make your daily commute from home to office and vice versa really comfortable, stress-free and smart.
No, I am not going to talk about Ola’s and Uber’s (taxi aggregators) but about a bus Aggregator.



So without further ado let’s get started

I am talking about “LIMO” app which is currently only available on Android OS. (Coming soon on iOS too)



Link to download the app is here: Limo

So what basically this app does is:

Limo offers door to door air conditioned shuttle bus service in Mumbai, which can make your daily commute from home to office and back home comfortable and sweat free (bone for this really hot summers).

Users are just required to input their Home address and Office address on Limo mobile app or website after which find your bus running on the same route. And viola you can book these buses for your daily, weekly or monthly commutes. They are also having flexible timing to suit your commute needs.

Features of the app:
·         Limo is everywhere
·         Book your rides daily, weekly or monthly
·         Flexible timings to fit your needs
·         Ride to work like a boss!
·         Don’t see your bus? Demand it!
·         You build the network

Above all features are explained in the below mentioned image:



About the Company:

“LIMO”, the brand developed by its parent company named “Raftaar Technologies Private Ltd”. Earlier it was named as “rbus”. The company was founded in 2014 and is based in Mumbai, India.
The company had seed funded by Investors from “India Quotient” founder “Anupam Mittal” and others last year in April. They raised this fund for expansion of its operations and enhancing its technology. Currently they have neck to neck competition from another Bus aggregator named “Cityflo”. Also “ola Shuttle” comes in close competition for them.

Recently Limo raised $1million, after they got funding for “Rainmaker Ventures”. This was the first investment by the venture, after their launch in December 2015. And it is second investment for “Limo” which was formally known as “rbus”.

“Rainmaker Ventures” was set up in December 2015 by “Mr. Sudhir Menon”, Chairman and Managing Director at “Dorf Ketel Chemicals India Pvt Ltd” and “Mr Atul hedge” CEO of “Ignitee Digital” (a leading digital marketing firm)

Founders of “LIMO”:
·         Mr. Siddharth Sharma (Chief Executive Officer)
·         Mr. Vivek Choksi (Chief Operating Officer)
·         Mr. Anshul Khandelwal (Chief Technology Officer)

After raising $1 million from “Rainmaker Ventures” one of its co-founder, Mr. Siddharth told something about their future plans for the brand “LIMO” which is as follows:

In the words of Mr. Siddharth:
“We work with everyone from individuals and communities to large corporates, corporate parks, and even governments, and have a number of conversations ongoing in this regard and expect to be very busy rolling out and scaling these networks. Transit has traditionally suffered from very poor margins, but we believe new technology and techniques can usher a paradigm shift in this space. So we also expect to be working on some exciting innovations in this space. As we are a platform, we expect that we can scale very rapidly from here. Based on our current pipeline, we should be set for more than 20x growth in the next fiscal”.

Let’s come to the pros and cons of the App or website:

Pros:
·         You get hassle free Air conditioned ride from your Home to office and vice versa

·         You can also pay for your friend through the “book rides” tap in the app or website.

Cons:
·         Cash payments are not allowed (you need to pay via debit, credit and net banking, 15 minutes prior to start of your journey)

·         You can’t cancel your ride after 1 hour of booking your ride.


·         Even if you cancel your ride within 1 hour prior to start of your journey they will charge you cancellation fee of Rs 5/- and the remaining amount will be in your LIMO wallet which can be used for your next booking. (So basically you can’t refund your money and take it in your bank account).