Most people are already rubbing shoulders with advanced technology at work. The future of work is enthralling, but it also brings some scares
On a recent morning in Bengaluru, Amit Gupta, co-founder of the bicycle sharing startup Yulu, spoke on the future of mobility at a centre of German automotive supplier Robert Bosch. On a screen behind him was a presentation slide that showed a black-and-white photograph of a bus fitted with a rack upfront; two bicycles were stacked on it.
It was a big trend in Europe and in some cities in the US where they provided such buses, Gupta explained. People could bring their cycles to the nearest bus stop, stash their bikes on the racks, ride those buses over the longer commutes they needed to complete and then use the two-wheelers for the last-mile transport to their destinations.
“That [trend] to me was the beginning of connected mobility,” said Gupta. Even for the biggest cab aggregator in the world, the future is not just about cars, but also bikes, buses and flying taxis, said Gupta, referring to Uber’s new CEO Dara Khosrowshahi’s vision for the ride-sharing network company.
Yulu, Gupta’s new venture—he already has the distinction of having co-founded InMobi, one of India’s unicorns—is an excellent example of what the future could look like in India. The startup allows people to use its smartphone app to find the nearest ‘Yulu Zone’, unlock a bicycle by scanning a QR code, ride it to another zone, and drop it there.
Riders are expected to manually lock the bicycle with the lock built in and walk to their destinations. One has to also tap ‘end ride’ on the app, at which point Yulu will deduct a small fee for using the bike. As of now, the bikes are available in a few locations in Bengaluru, but Gupta plans to grow his company across India.
This story is from the August 17, 2018 edition of Forbes India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the August 17, 2018 edition of Forbes India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet