inDriver, a set-your-own-price international ride hailing service has officially launched its services in Kathmandu. inDriver connects drivers and passengers, allowing them to agree on all conditions of each journey individually. Passengers can offer their price for a certain route and receive counter-offers from nearby drivers. Drivers, on the other hand can use the app’s Real Time Deals (RTD) model to have complete autonomy over which ride requests they accept. It even allows them to set their own fees.
inDriver is different from other ride-hailing services that use algorithms to define pricing. The newly launched app offers a unique service by allowing the passengers and the drivers to negotiate the fare of the ride independently. Sometimes, the passengers can also receive multiple offers. In this case, they can choose their drivers on the basis of the driver’s ETA (ratings and reviews), bike model or even distance. The driver can also choose a certain order depending on the price and distance, the passenger’s rating, the pick-up location, and the customer’s previous inDriver trips.
“We are thrilled to be bringing Driver to Nepal. We are currently operating in Kathmandu Valley and will soon be expanding to all major cities in Nepal. InDriver will not charge drivers a commission fee for at least the first six months of operation in Nepal, which means they will receive the full fare of every ride (excluding applicable taxes and tolls). Following that, the commission fee for drivers will be significantly lower than that of other ridesharing services in the city. In Nepal, inDriver has already signed up over 4,000 drivers.”Ms. Pavit Nanda, South Asia PR Manager, inDriver
How does the app work?
The passenger enters the pick-up and drop-off locations, as well as the anticipated trip cost, into the app to schedule a ride request. Drivers who have registered with the system will be alerted of the request and given the option to accept it, ignore it, or propose their own price for the journey. By allowing the driver and the passenger to directly negotiate fares, inDriver’s RTD model returns power to the people.
Passengers could spend as low as NPR 270 to travel from Gongabu Bus Park (Kathmandu) to Satdobato (Lalitpur) using the app, and as little as NPR 130 to go from Thamel to Boudhanath via the app.
Also Read: How did inDriver become so popular in Nepal?
inDriver is a global IT and transportation platform. It is headquartered in Mountain View, California, and operates regional hubs in the Americas, Asia, the Middle East, Africa and the countries of the CIS, and employs over 1,700 people. In early 2021, the company achieved its unicorn status after closing a $150m investment round with Insight Partners, General Catalyst and Bond Capital which valued the company at $1.23 billion. It has now become one of the world’s fastest growing ride-hailing services. Its services are available in over 600 cities in 42 countries throughout the world.
The Company’s app has been downloaded over 120 million times. Likewise, the company offers other services, including intercity transportation, freight and cargo services, as well as delivery services in different markets of operations. Find more information about the company here.