inDrive Officially Launches in Nepal with New Developments
inDrive, the global ride-hailing platform, has now officially launched its services in Nepal following a formal company registration. Known for its unique fare bargaining feature and initially a 0% commission model for drivers, inDrive held its launch event at the Marriott Hotel in Nagpokhari, Kathmandu, attended by inDrive and IME Pay officials, along with media representatives.
Changes in Commission Policy
Initially celebrated for charging no commission from drivers, inDrive has introduced a new policy where drivers will now be charged a 10% service fee on each ride. For instance, a ride costing 200 rupees will now see 20 rupees going to inDrive as a service charge, inclusive of all taxes, ensuring drivers do not bear additional financial burdens.
Insurance Plans Announced
Addressing safety concerns, inDrive announced upcoming insurance policies for both drivers and passengers, a move spurred by recent accidents involving the service. The company confirmed that the necessary paperwork is being processed and the insurance option will be available soon.
Expansion and New Services
Beyond its established operations in Kathmandu Valley, inDrive plans to expand its services to Pokhara and Bharatpur, among other locations, though specific timelines remain unconfirmed. Additionally, inDrive is exploring the potential to offer cargo services, aiming to facilitate both domestic and international shipments.
Partnership with IME Pay
Further enhancing its service framework, inDrive has partnered with IME Pay, a leading digital wallet in Nepal. This collaboration currently enables drivers to manage their finances through the IME Pay platform, with future plans to extend payment options to passengers, potentially accompanied by exclusive offers and benefits.
About inDrive
Founded in 2012 in Yakutsk, Russia, by a group of students, inDrive has grown rapidly, now operating in over 700 cities across 47 countries. The platform made its debut in Nepal in mid-2022 and quickly gained popularity due to its no-commission model for drivers and the flexibility it offers passengers in fare negotiation. As a competitor to services like Pathao, which charges drivers a 20% commission, inDrive’s formal entry into the Nepalese market marks a significant step in its global expansion strategy, promising more innovative features and compliance with local regulations.
This official launch not only consolidates inDrive’s presence in Nepal but also sets the stage for future enhancements to improve and expand its service offerings across the nation.
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