MYBYK’S Arihit SoniI Gets in The Shark Tank India

MYBYK is a bike-sharing service that started in Ahmedabad, India. Its goal is to make it easier and more convenient for people to use bicycles. The name MYBYK is made by putting together two words: ‘my’ and ‘bike’. This name shows that the service is personalized and easy to use. It is short and easy to remember, which helps customers to remember it and tell others about it. Using ‘my’ in the name shows that customers can choose a bike that fits their needs and likes. The name MYBYK is simple to say, so many people can easily understand and remember it.. Now, MYBYK is available in several other cities in India, such as Mumbai, Indore, Kochi, Nagpur, and Udaipur. They plan to start offering electric bikes for rent in Ahmedabad and then expand to more cities. This way, people can have more options for transportation that are eco-friendly, affordable, and save time.

Click here to visit official website: MYBYK

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Arjit Soni is the person who started and runs a company MYBYK India. He really cares about the environment and has a qualification that allows him to handle money matters. He strongly believes in finding solutions to the problems we have with getting around cities, like traffic and pollution, by promoting the use of bicycles and public transportation.

MYBYK is a company that rents out bicycles to people who want to use them. The bicycles they offer include mountain bikes, road bikes, and hybrid bikes, so customers have different options to choose from based on what they need. These bicycles are kept in good condition and are regularly checked to make sure they are safe to ride. Renting a bike from MYBYK is easy. Customers can book a bike online or through the MYBYK app and then go pick it up from one of the many MYBYK stations around the city. The rental rates are charged by the hour, but you have to rent the bike for a minimum of 2 hours. This makes it a good choice for people who only need a bike for a short time. Also, MYBYK offers weekly and monthly rental plans where customers can get a discount if they rent the bike for a longer period. This makes it a good option for those who want to use the bike for a week or a month.

MYBYK is making a big impact on both society and the environment. How? Well, by encouraging more people to ride bikes instead of driving cars, they are helping to reduce traffic jams and air pollution in cities. Also, they make sure that anyone can use their bikes, no matter their background or income. Their prices are kept low so that everyone can afford to rent a bike and use it as a sustainable mode of transport. Another good thing about MYBYK is that they take good care of their bicycles. This means that customers can always find a safe and well-maintained bike to ride. By doing this, MYBYK promotes healthy lifestyles and makes sure that people enjoy their bike rides.

MYBYK has been successful because of how they tell people about their services. They use social media like Instagram, Twitter, and Facebook a lot. They also have a good website and an easy-to-use app for booking bicycles. MYBYK does things like sponsoring cycling events and working with local businesses to give discounts to customers. MYBYK talks about how using their bicycles is good for the environment and how it helps everyone, no matter their money or abilities. They want to make cycling a way of transport that is equal and good for the earth.

Since starting in 2014, MYBYK has grown a lot and now operates in many cities. They want to keep growing by adding more bikes and reaching more cities. The company is thinking of teaming up with local businesses to offer new services like tours and workshops. But, there are challenges MYBYK might face in the future. One challenge is competition from other bike rental services. These competitors may have lower prices or more types of bikes. Another challenge is that some cities may not have enough bike-friendly things like lanes and parking. To keep growing, MYBYK may need to push for better support from the government in terms of rules and infrastructure for bikes.

Shark Tank India showcases a dynamic platform where aspiring business owners pitch their concepts to influential investors, hoping to gain the support and resources needed to scale their enterprises.