Friday, Apr 26 2024 | Time 03:57 Hrs(IST)
image
Business Economy


Hyderabad’s fully electric ride-sharing startup Hala Mobility launched

Hyderabad, Nov 30 (UNI) Hala Mobility, a startup incubated at T-hub under the lab32 project cohort 6, launched its user application here on Tuesday.
The launch was done by Principal Secretary (ITE&C )Jayesh Ranjan and other prominent ecosystem leaders.
At the launch, Hala showcased its inhouse made keyless smart app and the first booking was made by Jayesh Ranjan.
The following launch and demo were done to showcase how inter-campus commuting can be solved by electric bikes and reduce pollution on the campuses.
The service is expected to launch by December for access to Everyone who is within the IIIT-Hyderabad campus can take benefit of this e-bike deployed by Hala free of cost for the next 3 months.
These smart scooters are equipped with smart batteries and Hala will also deploy a few charging stations within the campus.
Hala is a 100% electric ride-sharing platform born and brought up in Hyderabad solving last-mile connectivity problems with a vision of reducing pollution, traffic congestion, and affordable commute.
All the scooters are equipped with Bluetooth connectivity and GPS making it easy to unlock the vehicle via mobile phone.
The homegrown startup was facilitated by TSIC for the recent Dubai Expo 2021 and TiE Sustainability Summit 2021 Speaking on the occasion, Hala Founder CEO , Srikanth Reddy, said we are building an ecosystem of electric mobility. Our proprietary AI/ML-enabled tech stack helped us scale up in our B2B landscape and now we want to leverage it to our customers and create an infrastructure that improves the adaption and penetration of electric vehicles. We are planning to deploy 15000 scooters in the next 12 months and will mark our presence in 6 cities.”
Jayesh Ranjan, while congratulating the startup on their launch, said, it is interesting that Hala decided to extend their services to EV vehicles irrespective of the brand they are associated with, which strengthens the ecosystem further.
UNI KNR GNK
More News

Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

see more..

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..
image