MyPickup operates a subscription-based electric autorickshaw service aimed at eliminating cancellations and surge pricing for urban commutes. Founded in 2022 by Abhijeet Dattatraya Jagtap and based in Bengaluru, the startup uses fleet operators and multiple vehicle classes to serve on-demand rides while enforcing standard operating procedures and driver training. The company plans to launch a driver app, add safety features such as cameras and SOS systems, develop an automated matching algorithm, and offer on-demand services through ONDC platforms. MyPickup currently reports a fleet of seven electric vehicles, serves 45 customers, and facilitates about 800 rides monthly. It records a monthly run-rate of Rs 1.5 lakh and operates with a very low marketing budget. Funds from the recent round will be used for scheduling-algorithm development, brand building, and operations-management optimization.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2024