MobiKwik Partners with ONN Bikes to Launch Bike Renting Service

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In what appears to be a new vertical in travel industry, Gurugram-based digital financial services firm MobiKwik has partnered with Bengaluru-based self-drive two-wheeler rental platform ONN Bikes.

The partnership allows MobiKwik users to rent a bike, scooter, or a scooty through the app. The tie up primarily aims at offering a hassle-free, affordable and convenient intra-city travel for people.

According to reports, the service will be launched in Bengaluru, Hyderabad, Jaipur, Kota, Mysuru, and Udaipur. MobiKwik is also planning to expand the service to other cities in future.

“We are excited about our partnership with MobiKwik. It is India’s second-largest mobile wallet and this partnership will help us to reach out to millions of new customers, across cities,” said Akashdeep Singal, CMO and co-founder, ONN Bikes.

Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik has offices in Delhi, Mumbai, Bengaluru, Pune, and Kolkata. It  helps users to load money into wallet using cash, loyalty points, debit card, credit card, and netbanking so they can make secure one-tap payments for online or offline purchases.

ONN Bikes was founded in in 2016 by Namit Jain, Shanky Munoth, Akashdeep Singhal, and Kunal Gupta. The platform help people pick up a bike from any of the company’s parking hubs located across metros, colleges, hospitals, and hotels in select cities for intra-city traveling.

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