Randeep SinghCo-founder of Zoomot Published On: Wednesday, December 30, 2015 Views 2352

Our Cool Share service is a cab sharing application. Our services rely heavily on technology. We have a very robust system based on microcontrollers and sensors for accurate vehicle tracking, billing and occupancy status. Our Mobile application which is available on Google Play Store has many firsts of their kind like choosing your own preferred seat. We have an elegant website and efficient Call-Centre.

• Real-time SEAT OCCUPANCY STATUS
• POINT TO POINT BILLING
• FIXED TIME
• FIXED SCHEDULE
• SUPER ECONOMICAL
• SEAT PREFERENCE

Co-founders Navneet, Youmit and Randeep have a combined experience of over 17 years in Steel industry. Incidentally, in February this year, they happened to be at same unit having nearby workstations. Millions of ideas cropped during the occasional tea and lunch breaks over better capacity utilization of resources. Youmit being an electronics freak came up with this idea of applying sensors for sensing seat occupancy anywhere like in theatres, library, vehicles etc.

We developed a prototype. When we realized that how this prototype can be used for better capacity utilization across services. Carpooling was not feasible and practical due to different office leaving time. This was the Eureka Moment when we decided to come up with the idea to apply seat occupancy sensors to support car sharing in an organized way.

Being Focused and Working smartly doing hard work and always Live Like today is your Last day.

Technology is the core of our Start-up. Building a team and Hiring was initially a big challenge. Again, since we are managing our fleet, fleet management was one area of concern. Visibility and Market presence is one big challenge we are working on.

Over the time, we have streamlined our operations and getting good tractions and presence at present. Tying up with good institutes helped us in hiring. We got a lot of support through our own network. With proper contract management and benefits, we have been able to control our fleet. Going forward, we need to work aggressively on digital marketing and promotional mix.

We bootstrapped for the initial 3 months for prototyping phase. Then we got seed funded in Aug 2015. We are looking forward to initiate series A funding for further expansion.

As we believe for any start-up, Employees have to be developed and empowered in a short span of time. That way their responsibility as well as growth increases exponentially. Hence, we are not the one who chases high qualifications and experiences. This is why in our organization everyone has definite KRAs and they are the sole owner of their area. Everyone is aligned with our vision and mission. Employees are highly motivated despite the certain challenges associated with start-up. We have created an open environment in our office at Powai. We ensure that everyone is heard of during the weekly review meeting. Employees come with wonderful feedbacks and ideas. We ensure occasional hang-outs with our team.

Being Focused, Passion for your work, and learning attitude

COOL Share: – using it for daily commute

• One tip to success:

Do what your heart says. Take risk once in life

• One mistake you believe every individual must avoid:

Over Confidence

• One most important lesson that you have learnt till now:

Saving Environment is not a compulsion for everyone now, but it will be in some days.

We are planning to launch 20 routes in Mumbai in next 6 months. Then the operations shall be extended in other metros and A-class cities. Again to reach the masses and to cover broader market segment we are in the initial stage of talks to launch 17-seaters. Once the operations are streamlined, introducing 2-wheeler Taxis is also on the cards.

Already took that risk.

Europe, Canada, East India

“Stay Foolish Stay Hungry.”