Rabindra Dhungel, 16 september 2020. It’s been almost a year since Tootle stopped taking commissions from its riders. Tootle, Nepal’s first ride-sharing service, has come up with a six-month offer to increase the income of its bike riders, which has been extended for a year due to the epidemic.
The company is also using zero commission as part of its promotional campaign. While other companies are charging up to 20 percent commission from riders in the market, Tuttle’s offer has also set a new record.
Although other competing companies have been offering promotional offers of a certain percentage discount on commissions, the strategy of zero (zero) commissions is different in itself. This means that bike riders who now use the company’s app do not have to pay any commission to Tuttle.
Shikshit Bhatt, the founder of Tuttle, believes that the offer of zero commission during the current epidemic has brought great relief to its riders. He says, ‘We are continuing the six-month plan, even in the unusual situation created by Covid. The company is in favor of continuing the scheme for a few more months.
With the Corona epidemic affecting the business of many startups, Tuttle’s revenue has been at a record low for almost a year. Tuttle’s income has reached zero due to the offer of not taking commission even though the source of income of the company is the commission received from the rider. “First of all, we want our riders to be in a position to earn a good income,” says Bhatt.
Taxi also now with the technology of upgraded tuttle
Over the past year, Tuttle has been able to migrate its technology to new systems, as well as develop advanced platforms. Founder Bhatt interprets this as a leap forward in technology and design. He says, ‘We have almost completed the work of migrating and upgrading the system. Now that the epidemic of covid is becoming more common, we plan to focus on marketing. ‘
With the upgrade of Tuttle’s technology, it is now possible to take taxi service from the same app. However, the company started testing its taxi service through a soft launch as soon as the initial three months of lockdown ended. Now you can choose the service of bike and taxi in the same app of Tuttle.
Bhatta said that they are planning to include private cars in ride sharing in the future. The company plans to formally launch the taxi service only after a decade. Tuttle, which started four years ago, is the first ride sharing service company in Nepal. Whose technology has been fully developed in Nepal.