Launched in 2012, Folksvagn is open to people working in the corporate sector. It finds and filters people travelling in the same direction and relies on a mandatory three-tier verification system for new users. And, it offers the option of women-only carpool groups. Folksvagn’s prepaid system also ensures that you won’t be awkwardly jingling change at the end of each journey. The fare for the journey automatically gets deducted from your online carpool account. You can recharge your account online or on the company’s mobile app through a secure payment getaway. And, you can opt to choose a different ride if you are not comfortable with your current co-travellers. One of the carpoolers actually did, because the car-owner insisted on playing Honey Singh hits only.
Vaibhav Bansal, a chartered accountant, used to make the dreary three-hour commute from his residence in Hari Nagar in Delhi to his office in Gurgaon five days a week till he discovered Folksvagn in March 2014. “It took a few weeks to find a system that worked for me, but now I travel with three co-passengers, and I’m saving Rs 4,000 a month in fuel costs (or an average of Rs 50,000 per year). Plus, I enjoy the company; travelling alone is such a bore.”
The rates are Rs 3.5 per km, of which Rs 3 go to the driver and 50 paise to Folksvagn. With around 15,000 registered members in Delhi NCR, Folksvagn is now in the process of launching a new app for iOS and Android.
Pool My Ride, a mobile app developed by Delhi-based Abhishek Talwar, allows car-owners to create carpools by checking out the users via their Facebook profiles, phone or email. This app is free and can be used to create carpools worldwide.
Other cities have also hopped on to the carpooling bandwagon. Raxit Sheth established Smart Mumbaikar last year, a ride-sharing service that is just a missed call away. After a one-time signup on its website, commuters can hitch a ride with others by sharing not just cars but autos, taxis and bikes with a missed call to Smart Mumbaikar’s hotline number. With 20,000 members under its belt, this service also works on the basis of a “flexi-time”, connecting people travelling on the same route in real-time via SMS.
Different business models and commuter incentives are driving up the interest in carpooling. Bangalore has RidingO, a flexi-service for carpoolers, which comes with a unique coin system for online cost distribution. Every time you share your car, you earn some RidingO coins. Having partnered with petroleum companies, the car-owner can redeem these RidingO coins in the form of fuel. HopOn, a mobile carpooling app for Bangloreans, boasts of another cool feature — to enhance the reliability of the app, users can rate their ride partners, which, in turn, helps future users to make informed choices. HopOn’s popularity also rides on the fact that in case of any last-minute changes in travel plans, parties concerned can be transported to their destination on time using its partnered radio taxis.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)