For Investors
India's fastest-growing
segment.
First in Lucknow.
Rapido hit $800M+ valuation riding the 2W surge. Yulu raised $82M. The market is proven. Lucknow — India's 10th-largest city — still has no organized electric 2W ride-hailing. Until Volzo.
Request Investor BriefThe Opportunity
A ₹50,000 crore market. Three years to get in early.
India recorded 10.4 lakh EV 2W sales in FY24 — up 38% year-on-year. The EV ride-hailing layer on top of that is still in its infancy. Every major Indian city will have organized EV 2W platforms by 2027. Lucknow is wide open today.
10.4L
EV 2W units sold in India FY24
38%
YoY growth in EV 2W sales
₹8B+
India 2W ride-hailing by 2030
3.7M
Lucknow city population
How others validated the model
These companies proved the demand. Volzo is capturing the next whitespace: first-mover EV-only 2W in Lucknow.
Rapido
$300M+ raised2W ride-hailing (petrol + EV mix)
100M+ monthly rides, 100+ cities
Has surge pricing. Not 100% electric. Not in Lucknow yet properly.
Yulu (Bajaj)
$82M raisedEV 2W rental / dockless bikes
Mumbai, Bengaluru, Bhubaneswar
Self-ride model, no driver. Proven EV 2W demand.
Bounce
$105M raisedEV scooter rentals + ride-hailing
30+ cities across India
Proves scooter rental + ride-hailing can co-exist profitably.
BluSmart
$80M+ raised100% EV 4W ride-hailing
Delhi NCR, Bengaluru
Proved that EV-only model with salaried drivers works.
Source: Tracxn, Crunchbase, company press releases, media reports (2023–2024). For reference only.
Why Volzo Wins
The Volzo edge
First-mover in Lucknow
No organized EV 2W ride-hailing exists in Lucknow today. Being first in a 3.7M-person city creates strong brand lock-in before competitors enter.
100% electric — FAME II eligible
Our full electric fleet qualifies for FAME II subsidies and UP state EV policy benefits, directly reducing per-vehicle capex.
Asset-light fleet partner model
Like Airbnb doesn't own hotels, Volzo doesn't own all scooters. Fleet partners provide vehicles. We take a commission. Zero heavy capex needed.
Salaried driver model = lower churn
BluSmart proved salaried drivers deliver better ratings and lower churn than gig workers. We apply the same model to 2W EV.
Multiple revenue streams
Ride commissions, driver fees, fleet partner revenue share, corporate accounts. Not single-revenue dependent.
ESG-aligned for institutional LPs
100% electric, CO₂ tracked, green jobs created. ESG-aligned investors (growing rapidly in India) can deploy with clear mandate alignment.
Use of Funds
Where your capital goes
EV fleet deployment
Seed capital for first 50–100 scooters via fleet partner acquisition and capex vehicles.
Technology & product
Rider app, driver app, fleet management dashboard, CO₂ tracker, payment integration.
Driver onboarding & training
Hiring, training, uniforms, helmets, and first 3 months' salary buffer for initial driver cohort.
Operations & marketing
Launch marketing in Lucknow, ops team, customer support setup, brand spend.
The Team
People behind Volzo
Saket Suman
Director & Co-Founder
Visionary operator driving Volzo's go-to-market, product, and rider experience strategy.
View LinkedIn →Aashish Chandra
Director & Co-Founder
Heads strategy, finance, and investor relations. Deep roots in Lucknow's business ecosystem.
View LinkedIn →Investor Enquiry
Request investor brief
Share your details and we'll send the pitch deck and financial model within 48 hours.
FAQ
Investor questions
Volzo is in pre-launch stage in Lucknow, building our fleet and driver base. We're accepting seed investment to fund initial EV scooter deployment and tech launch.
We're currently open to discussing deployment-stage investment. Contact us at founders@volzomobility.com to receive our investor brief with full details.
Primary: ride commission (per-trip percentage). Secondary: driver partner monthly fees, fleet partner revenue share, corporate ride accounts, and long-term: CO₂ credit monetization.
Yes. Volzo's 100% electric fleet qualifies under FAME II and UP government EV subsidy schemes. This significantly reduces capex per vehicle.
Yes. Submit the enquiry form below and our founders will share the deck and financial model within 48 hours under mutual NDA.