Ola and Uber are battling it out in the Indian market, but they might have a competitor soon – Split. Split, a ride-sharing Finnish startup with operations in Washington DC, is aiming to grab a share of the fiercely competitive app-based cab hailing business in India dominated by Uber and Ola.
Split connects riders going in the same direction with the use of an app, helping them share cabs and save money. However the company will not offer the door-to-door business. Passengers will not be have specific pick up or drop points but to areas that are easily accessible from their designated destinations which will eventually save a lot of time and money of the customers.”Our priority is to stabilise our operations in DC and then look at growth markets like India,” said Teemu Sihvola, head of concept development at Split. Sihvola has also promised that Split is going to provide better service than Uber which will benefit Indian commuters.
Split aims to enter India in a year or two. The app would slash costs for customers, and help reduce the number of cars on the road, curbing traffic jams and air pollution hurting Indian cities. Split is also the owner of the technology used by on-demand bus ride provider in Helsinki, Finland.
A struggling economy, small population and limited domestic market prospects have prompted Finland to encourage and fund young entrepreneurs to start new ventures. And especially in the emerging clean-tech sector, where business possibilities have risen with increased awareness. Due to this, many young individuals in Finland are taking the plunge to launch their new start-ups in the clean-tech sector. Split is one of the most significant clean-tech start-ups in the world that is working to build a sustainable future.
Split along with many other start-ups like Linkker, Visedo, Virta and Eneron presented their respective products and services including electric buses and street lighting solutions at the Global Clean-tech Summit that took place in Helsinki recently.