Jugnoo, India’s leading auto rickshaw aggregator, allies with MobiKwik, galvanizing its patrons to go cashless. MobiKwik is one the fastest growing mobile payment companies in the country. The collaboration enables Jugnoo users to pay for their rides with ecash through MobiKwik digital wallet.
Elaborating further on the partnership, Samar Singla, Founder and CEO, Jugnoo commented, “Being one of the contributors of mcommerce ecosystem in India, incorporating mobile payment facility is just a part of our natural progression. We anticipate a bright future for digital wallets in our country, given the growing popularity of the concept among the customers as they are becoming more comfortable with cashless transactions these days. We are happy to be associated with MobiKwik, as it allows us to further expand our customer outreach. We as a company, understand the significance of such associations in illustrating how every stakeholder in mcommerce segment can aid in each other’s growth, thereby collectively rolling the wheel uphill”.
Adding his bit, Mrinal Sinha, COO at MobiKwik commented, “Our efforts have always reflected our drive to connect the world of offline to online and make payments easy. Through this association, we intend to encourage daily auto commuters to make payments within seconds using our wallet, without having to worry about carrying change.”
“This partnership is a strategic fit as we are committed to promote the use of digital payments across the country. In addition to netbanking, credit and debit cards; auto commuters can use our exclusive cash loading service to recharge their MobiKwik wallet.” Mrinal added.
Jugnoo, a Chandigarh based company, was established in the year 2014. It has ventured into the industry as one of the leading autorickshaw aggregators with 35,000 people transacting per day, at a very nascent stage. It is a mobile app offering one of the largest networks of autorickshaws in India. It has over 12,000 autos empanelled under the brand at present. Jugnoo has its presence in 35 cities.
Founded by Samar Singla and Chinmay Agarwal, the company is targeting the students, working professionals, and masses that are dependent on public transport for their daily conveyance.
MobiKwik, is Indian mobile payments network, connecting 32 million users with 100,000 retailers. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raised three rounds of funding from Sequoia Capital, American Express,Tree Line Asia, MediaTek, GMO Payment Gateway and Cisco Investments. MobiKwik aspires to be the largest source of digital transactions in India.
One of the leading digital payments platforms for online and offline merchants, MobiKwik is powering payments for IRCTC, Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Domino’s, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip, Cleartrip, and Yatra.