Social Business is covering Cycle Chalao at time of change for the business and its entrepreneurial founders. The Mumbai-based social business introduced a bicycle sharing scheme to India in order to gain all the benefits of cycling: reducing pollution (both noise and air), exercise, less money, less travel time in congested areas, etc.
Unfortunately, however, the initiative had to close at the end of last year due to lack of government support. Founders Raj Janagam and Jui Gangan, both 24 years old, will likely start other ventures in the future. Janagam made a crucial point in an interview with the Hindustan Times: "The bicycle-sharing system in several foreign countries is usually funded by the government, so why can’t the government do it here?"
Contact Information
Cycle Chalao website
Cycle Chalao on Facebook
Cycle Chalao on Twitter
Indian Bike-Sharing Schemes
Cycle Chalao Had to Close Due to Lack of Government Support
Trend Themes
1. Government-backed Bike-sharing - Establishing bike-sharing schemes with government funding can pave the way to a sustainable means of transportation while promoting entrepreneurship.
2. Sustainable Urban Transportation - Innovative bike-sharing models for urban transportation can address environmental concerns, improve mobility, and support a biking culture.
3. Public-private Partnership for Alternative Transportation - Partnership between private firms and the government can create opportunities to launch innovative alternative transportation models such as bike-sharing schemes that aim to reduce traffic congestion and carbon emissions.
Industry Implications
1. Government - Governments can promote sustainable urban transportation by funding local businesses that offer innovative transportation models such as bike-sharing schemes.
2. Transportation - Bike-sharing schemes can provide opportunities for entrepreneurs to launch sustainable urban transportation models that can reduce traffic congestion and tackle environmental challenges.
3. Green Tech - Green tech industries can support and leverage bike-sharing schemes to create a cleaner, healthier, and more sustainable environment while promoting innovation and entrepreneurship.