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31st December 2022 1:43:07 PM
2 mins readBy: Chris Kodo
Ghana has welcomed the launch of inDrive, a platform for urban and global mobility services.More than 700 cities in 47 nations are currently served by the company.The peer-to-peer pricing model used by inDrive, in which the passenger and the driver directly negotiate the fare and other terms of the ride, is one of the service's distinguishing features.
Regardless of the distance, the weather, or the amount of traffic, these agreements are fixed and cannot be altered.The inDrive app is the second-most-downloaded mobility app in the world with over 150 million downloads to its credit.The business is active across numerous African nations, including South Africa, Nigeria, Tanzania, Kenya, Namibia, etc.
Unlike other ride hailing companies, inDrive does not use pricing algorithms and does not increase trip fares during rush hours. Once registered, the passenger inputs the A and B points of their route and offers their price for the trip when prompted by the app. Offers from available drivers will pop up on the screen.
The passenger then selects the offer that best suits them in terms of price, driver rating and vehicle model. Drivers can select the requests they accept by passenger rating and user reviews. Drivers always see the destination prior to accepting the ride request. This fair approach to pricing stems from the company's mission of Challenging Injustices.
inDrive will not charge a service fee during the first stage of the launch in Accra. This means drivers who join the platform will be able to earn even more.inDrive’s unique business model keeps the company competitive without needing to raise substantial investments. Peer-to-peer pricing, combined with the lowest service fee in the world (under 10% without VAT), alongside impactful campaigns, help organically grow brand awareness.
About inDrive
inDrive is a global IT and transportation platform. inDrive is one of the world’s fastest-growing online ride-hailing services. Its services are available in over 700 cities in 47 countries throughout the world. The company’s app has been downloaded over 150 million times. inDrive offers other services, including intercity transportation, freight and cargo services, as well as delivery services in different markets of operations.
inDrive is based in Mountain View, California, and operates regional hubs in the Americas, Asia, the Middle East, Africa and the countries of the CIS, and employs over 2,400 people. In early 2021, inDrive closed a US$140 million investment round with Insight Partners, General Catalyst, and Bond Capital.
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