The chase inclined towards people with experience around Internet-of-things (IoT)- based supply chain, design and manufacturing. These are specialised skills as the technology itself is relatively new.
“We have an 80-member IoT team, but we are now facing a challenge in in expanding this team since we have hired only through referrals, people who have worked on such projects earlier,” Anand Ayyadurai, co-founder of Vogo said.
Vogo was launched in 2016 by Ayyadurai, Padmanabhan Balakrishnan, and Sanchit Mittal. It offers scooters on rent across five Indian cities.
While in December 2018, cab-hailing major Ola agreed to invest $100 million in Vogo through a mix of equity and debt, enabling Vogo to add 100,000 new scooters.
On the other hand, Bounce is an urban mobility solution that makes daily commute stress-free, time-saving, reliable, and convenient. The startup was founded in 2014 by Anil G, Varun Agni, and Vivekananda Hallekere.
Yulu was launched in 2017 by Amit Gupta, RK Mishra, Hemant Gupta, and Naveen Dachuri. It initially started as a bicycle sharing platform for efficient and green first mile and last mile deliveries, as well as short commutes to reduce car-based congestion.
Moreover, these startups are working with freelancers and consultants globally, especially from countries such as the United States, China and Japan.