Rickshaw Rising Challenge closes; real work begins
Mumbai | February 19, 2014 By Jyot Chadha
The Rickshaw Rising Challenge finale took place in the first week of February 2014 in Mumbai. Fourteen entrepreneurs representing 8 teams went through a two day long boot-camp. Read more about Day-1 and Day-2.
On Day 3, they pitched their business to Robin Chase (ZipCar), Harish Hande (SELCO), Judith Pollock (Shell Foundation), and Madhav Pai (EMBARQ India).
We are truly excited to announce the results of the Rickshaw Rising Challenge:
Ubida: The first award of $50,000 and 6-months business support went to Mukesh Jha and Janardan Prasad of Ubida from Pune. The company addresses auto rickshaw hailing problems on the consumer side and optimizes rides and income for drivers.
AutoRaja: The second award of $25,000 and 6-months business support went to Aishwarya Raman and Anubhav Agarwal of AutoRaja from Chennai. AutoRaja runs auto-rickshaws on call with the aim of creating dignified lives for drivers by increasing business and facilitating access to finance, healthcare, and education.
Three Wheels United: The third award of $25,000 and 6-months business support went to Ramesh Prabhu of Three Wheels United from Bangalore. TWU addresses problems in the auto-rickshaw ecosystem through financial services, alternate channels of revenue, and bringing in a shift to cleaner engines.
Congratulations to our awardees, the 5 other finalists, and 38 other applicants to the Challenge!
-- The Rickshaw Rising Challenge supports business endeavors that have the potential to revolutionize India’s ubiquitous auto-rickshaw sector – a mode of transport that provides mobility to millions of people, but remains largely unorganized.
The Challenge, launched by EMBARQ India and the Shell Foundation, is the first platform to support entrepreneurs that are changing the face of urban mobility in the country. Run from Nov 2013 - Feb 2014, the Challenge gives entrepreneurs a chance to receive awards of $50,000 and 6-months business support.