How many times have you cancelled travel plans because you could not find a seat to? Or even worse an affordable seat? Especially during holiday season for festivals when going to home city costs a bomb. Perhaps a similar situation motivated Pradeep Enugala, CEO and Co-Founder to start CoYatri- a web based travel enabler that connects passengers looking for seats and car owners who have spare seats and are willing to share the ride. With high fuel prices the cost of travelling has seen astronomical highs in recent years, CoYatri has found a strong footing of over 3000 users within a year of its founding.
The Business Model:
CoYatri acts a meeting place for passengers and fleet owners, it does not own or wishes to own any means of transportation. All that the user has to do is sign up and become a member. If you are looking for a seat register accordingly and if you are offering for seats look for likewise registration.
Coyatri has no role to play in pricing the seats. The charges are completely at the discretion of the fleet owner. The prices vary according to the demand.Though the free market forces decide on the prices, the prices are observed to be lower than bus fares as there is no middlemen nor any profit making intent.
As CoYatri is a mere enabler, there is no cap on the cities CoYatri caters as long as there are seats offered and seats taken. CoYatri tries to make your ride as safe as possible by collecting vehicle records, asks for posting the vehicle details and also driver verification. Women drivers have the option to filter women only passengers to ensure safety concerns.
The founding philosophy at Coyatri is to help common man solve their day to day problems. The founders at Coyatri are also very particular about the global carbon footprint. CoYatri does exactly the same in one shot. By offering to share seats you are not only helping people commute with ease and comfort but also reduce carbon emission and save fuel. With more and more traffic on roads and cost of travelling rising, startups like Coyatri have huge potential to make lives easy for the common man.
To share a ride visit www.coyatri.com