Hyderabad: For Rakesh Munnanooru, a native of Karimnagar, a desire to build a location tracking system was always in his mind. However, he was not sure of what kind of system to build. So soon after completing his BTech, Rakesh started working on his idea and thought of solving the problems of valet parking and then pivoted to providing driver-on-demand service.
But it was an offer to provide his tracking software for employee transportation for a company put the idea of building an end-to-end automated employee transportation solution. Thus was born WhistleDrive – which as part of its business-to-business solution provides employee transportation services for corporates and as part of its business-to-consumer solution provides driver-on-demand.
“We started getting a lot of traction for our employee transportation solution and by October 2017 we had scaled up and apart from partnering with cab providers we also had our own fleet,” says Rakesh, founder, WhistleDrive. The two-year-old startup has transports about 12,000 employees per day and has a fleet size of 700 out of which 20 per cent are its own. It is operational in not only in Hyderabad but in Bengaluru and Chennai and plans to start the services in Vizag, Pune and Gurgoan by end of 2019.
The startup helps corporates reduce cost and removes inefficiencies in the employee transportation space by providing AI-powered solution which will eliminate manual work and automate the whole process. It has partnered with 28 clients and is working on a predictive modeling technology which will detect pattern in delays in a particular cab and provide information on how and why the delay is happening.
“Apart from employee transporation space, we are also working on improving last mile connectivity issue through Shuttle service and we are planning to roll it out soon. We are also looking at raising $10 million as part of Series B funding and are planning to close the investment by October, 2019,” he said, adding that the funding will be used for team building and scaling up of their operations through expansion to other cities.
WhistleDrive is targeting to have a fleet size of 1,500 by end of 2019 and is also working on new AI-powered technology solutions. The startup was part of the first cohort of T-Hub’s Lab 32 programme.