momoRide: The Driver-Empowered Ride-Sharing Platform for Nepal
Rs. 20 per ride, no hidden fees. Drivers keep the rest.
1. Executive Summary
momoRide is Nepal’s first ride-sharing platform where drivers keep the fare—except for a flat Rs. 20 per ride, charged to the rider. No hidden fees, no percentages, no corporate tricks. Riders get fair pricing, drivers get real income.
2. Problem Statement
- Unfair Commissions: Existing platforms take a big cut from drivers.
- Opaque Pricing: Riders and drivers both face unpredictable fares.
- Lack of Trust: No transparency, poor support, and hidden costs.
3. Solution Overview
- Flat Fee: Rs. 20 per ride, always visible, always fair.
- Transparent Pricing: Riders see what they pay, drivers see what they keep.
- Local Focus: Built for Nepali roads, cities, and payment systems.
4. Core Features
- Instant ride matching
- In-app payments (eSewa, Khalti, IMEPay)
- Driver and rider ratings
- Real-time support
5. Business Model
- Rs. 20 per ride, paid by the rider
- No hidden fees, no commissions
6. Roadmap
- Launch in Kathmandu, expand to major cities
- Add carpooling and delivery
- Integrate insurance and loyalty rewards
7. Conclusion
momoRide is for drivers who want to earn, and riders who want honesty. No nonsense, just rides.