RideBoom is Chosen for Newchip’s Intensive Global Pre-Seed Accelerator Program

2024-04-17 08:09:20 Government

2028

RideBoom India is making its way to gain its market share and support from the daily users and drivers without making or spending heavily to lure the drivers or the customers. When on the other side the major big players like Uber and ola spend a huge amount of money or use other methods to gain the support of the drivers after covid restrictions ease in India.

RideBoom is still a bootstrap company and able to compete with major on-demand rideshare players because of the unique marketing skills and the planning of the founder.

RideBoom is accepted into Newchip?s renowned global accelerator program. Designed to provide all the skills and tools founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9B.

?Newchip evaluates a diverse number of companies across all industries from around the world, selecting a small percentage to join our accelerator,? says Armando Vera Carvajal, Vice President of Product at Newchip. ?This strict selection process makes us an ideal partner for investors looking for promising start-ups. companies like RideBoom can scale quickly with proper funding and guidance. We are excited for RideBoom and believe they will do well at Newchip.?

According to the founder of the RideBoom ?Being accepted into the Newchip Accelerator, we are excited to learn more about the fund-raising process and how to connect with the strategic investors?

you get to all the hustle and bustle of daily travel. Whether you're taking a trip to the office in a taxi or a bike scooter RideBoom puts you in charge of your daily travel schedule.

Go the extra mile with RideBoom Eco

RB Eco is the most pocket-friendly ride to go around in your local city you don?t have to pay extra for the trip and there are no convenience fee charges. Just unique pricing so why pays more when you can a pocket-friendly ride with RideBoom.

Earn ride rewards on every ride

With RideBoom you will get free ride credits as RB Coins on each ride, and you can use these credits against your next ride with any RideBoom service.

For more info visit the website www.rideboom.com/india

Download the RideBoom app from the app store or google play.

For all media inquiries press@rideboom.com