InDrive

Suol Innovations Ltd.
  • inDrive
    (since 2022)
  • inDriver
    (2013–22)
Company typePrivate
IndustryRidesharing
FoundedJune 24, 2013; 11 years ago (2013-06-24) in Yakutsk, Russia
FounderArsen Tomsky
Headquarters
Mountain View, California
,
United States
Number of employees
3000[1]
Websiteindrive.com

inDrive (previously known as inDriver), is an international ride-hailing service[2] with more than 200 million downloads operating in more that 700 cities in over 45 countries.[3][4][5] Headquartered in Mountain View, California, it is the second largest ridesharing and taxi app worldwide by downloads. The company was officially launched in 2013.[6]

It is one of the fastest growing international passenger transport services operating on the peer-to-peer pricing model.[7] In the inDrive app, all conditions of the trip are determined as a result of an agreement between passengers and drivers. inDrive works both in small towns with a population of 10 thousand inhabitants, often with weak internet and without maps of the settlement, and in the largest cities with the highest level of competition. According to OZY, the fees that inDrive takes from drivers' receipts average 5–8% of the fare, which is significantly less than other major ride-hailing services. inDrive takes 10% or less of the fare in commission, which is significantly less than other major ride-hailing services.[8][9][10] Passengers make all payments for rides directly to drivers in cash or non-cash settlements .[11] The inDrive mobile app is available on Android and iOS.

  1. ^ "Our values". indrive.com.
  2. ^ "InDrive Raises $150 Million To Expand Beyond Ride-Hailing". forbes.com.
  3. ^ Njanja, Annie; Kene-Okafor, Tage (October 28, 2021). "Didi expands, inDriver monetizes to rival Uber, Bolt in Africa". TechCrunch. Retrieved May 7, 2022.
  4. ^ Peleschuk, Dan (April 8, 2019). "Can This Siberian Entrepreneur Make You Haggle for Your Ride?". OZY. Archived from the original on July 3, 2021. Retrieved April 19, 2019.
  5. ^ "InDrive Allocates $100 Million for Startups and Mergers in Emerging Economies". techinafrica.com. November 22, 2023.
  6. ^ Williams, Katie. "Top Ridesharing & Taxi Apps Worldwide for January 2020 by Downloads". Sensor Tower Blog. Retrieved February 20, 2020.
  7. ^ "InDrive Launches In Ghana With Its Unique Peer To Peer Pricing Model". technovagh.com. December 31, 2022.
  8. ^ Keane, Jonathan. "InDrive Eyes Financial Services To Bolster Presence In Developing Markets". Forbes. Retrieved May 9, 2024.
  9. ^ Mukul, Pranav (March 12, 2024). "Drivers land better incentives in a crowded ride-hailing space". The Economic Times. ISSN 0013-0389. Retrieved May 9, 2024.
  10. ^ Luna, Nancy. "Get ready to make a deal for your ride. InDrive is bringing its ride-hailing-haggling business to the US again". Business Insider. Retrieved May 9, 2024.
  11. ^ Butcher, Mike (September 7, 2017). "Straight outta Siberia — inDrive raises $5M for its flat-rate ride-hailing app". TechCrunch. Retrieved September 8, 2017.