Jugnoo

Jugnoo is a comprehensive transportation and logistics platform that offers a variety of services including auto-rickshaw rides, bike rides, car rentals, and intercity travel. Founded in November 2014 by a group of IIT graduates, Jugnoo initially started as an auto-rickshaw aggregator aimed at making daily commutes easy and reliable. Over time, the company has expanded its services to become a one-stop solution for all local transportation needs.

Jugnoo operates in over 20 cities and serves a diverse clientele ranging from daily commuters to intercity travelers. The company leverages a hyper-local model to provide services that are both affordable and convenient. With advanced user and driver apps, Jugnoo ensures ease of use, in-app support, and seamless payment options, making it a preferred choice for over 8.5 million users and 125,000 drivers.

The business model is based on a commission structure where Jugnoo takes a percentage of each ride fare. Additionally, the company offers franchise opportunities with a minimum investment of INR 50,000, providing marketing, operational support, and cutting-edge technology to franchisees. This model has led to increased profits and high brand equity.

Jugnoo's market includes urban and semi-urban areas where there is a high demand for affordable and reliable transportation options. The company has also received backing from angel investors and has a strong strategic alliance network, further solidifying its market position.

Keywords: auto-rickshaw aggregator, bike rides, car rentals, intercity travel, hyper-local model, advanced apps, franchise opportunities, urban transport, seamless payments, high brand equity.