The route towards greater sustainable mobility, calls for changing traditional automobile technology with zero or low-emission vehicles, to show that it’s possible to triumph over the limitations of adopting new technology, through a joint effort between the private and non-private sectors.
While a significant impact is predicted in the short term, it is vital to support the expected rise in the energy demand, by assuring the expected expansion of electric transport always optimises the electric load curve with electric transport as an energy storage vehicle, that, due to technology facilities for logging and validating network transactions, will usher in a smart and sustainable future of electric mobility, which currently does not seem so distant.
CAB EEZ INFRA TECH PVT.LTD. (Brand Cab-E) is a Green Tech Marketplace for Urban Electric Mobility and is now Mumbai’s largest B2C operator in the EV Mobility space. Cab-E, founded in 2019, strives to align with the government’s vision of 100 % electric mobility by 2030; therefore, their services include an all-EV fleet for city and inter-city commuting.
The Founders – Kuldip Ghosh (CEO), Indraneel Chakravarty (COO, CHRO) and Nitin Sharma (CFO) are all first-generation entrepreneurs, who started on a path to help make India a pollution-free nation. Their vision includes a four-pronged approach: Sustainable Energy services, Social Upliftment, Industry-first Consumer Benefits and Wealth Creation for all stakeholders.
With over a year of active operations, all of which occurred during the COVID pandemic, the firm has achieved ‘Market Relevance’ with a substantial, 100K+ customer base in Mumbai today. CAB EEZ INFRA TECH is now poised to advance up the value chain with the addition of 2500+ EVs to its platform.
Meet Indraneel Chakravarty
Indraneel’s life path has been fascinating and arduously thrilling. Having begun as a journalist and a writer, his career moved the corporate way – working with giants like as Novartis, ICICI Pru, Infosys and Reliance Industries Ltd. managing HR and large-scale Operations, across the globe. It’s been the same for the other Founding Partners as well, as they too have distinguished corporate careers in their respective professional journeys.
Indraneel believes that leaving promising job opportunities, to pursue a career as an Entrepreneur was the most difficult decision he has made and that his journey with his founding partners to ensure that their new venture sees the light of day and overcomes all initial hiccups, particularly during the pandemic phase, has been the most memorable phase of his life.
“It feels special to have something of our own, to have been there and done that, with the best partners the industry could hope for.”
Services that Make a Difference
In CAB EEZ INFRA TECH, the value of instilling the spirit of conservation in its passengers is the most significant service distinction. Commuters save CO2 with each trip, which contributes to India’s overall carbon footprint. “This is what we call our two-bit contribution to Mother Earth.”
The Cab-E Fleet consists entirely of automatic Electric (Zero-Emission Cars), which improves the ride quality for its passengers. Their services entail industry-first benefits, such as very affordable fares, no surge prices hence a fixed-all-day pricing, no fee for cancellations or waiting and no technology usage fee as well. The team concentrates on pre-booked visits since it appreciates the importance of each trip and guarantees that maximum payments are made digitally.
Indraneel strongly believes, “In this era of the pandemic, what will help us grow and enhance service, is the level of hygiene we maintain. Therefore, in addition to having WHO certified anti-viral/bacterial coating in our cars, our HUBs (primarily for charging), double up for cleaning and sanitization, where each car is sanitised after every 2-3 trips.”
Expanding while Achieving New Heights
Brand CAB-E has been in business for a little over a year – a time when the Corona Virus reigned supreme. An era in which many businesses were forced to close and in which life was drastically disturbed. The capacity to build up a firm during this disturbing period and develop what is known as “Market Relevance” during this time, has thus been the most significant success.
Today, the firm has 100K+ customers in Mumbai (and Pune), has completed 20K+ trips, served 5L+ kms. of smiles with an average rating of 4.95 and is assured that 50%+ of its active commuters are repeat customers for them. They have grown organically and service the Thane, Navi Mumbai, Kalyan, Ulhas Nagar, Dombivilli, Badlapur and Palghar areas as well, in addition to serving commuters in Mumbai (MMR).
Indraneel states, “Very soon we plan to be in Pune, Bangalore and Hyderabad as well. We believe, this is just the beginning.”
Throughout this journey, CAB EEZ INFRA TECH has hired 100+ unemployed drivers, assisted with vaccination efforts for older or senior residents, facilitated employee mobility for an IT major, launched a really inexpensive ambulance service and most significantly, saved Mumbai 150+ tonnes of CO2. “This is what we believe, is a significant milestone for us.”
The firm has also created a very large charging infrastructure for itself, with 10 HUBS in and around Mumbai, so that it can service its commuters from any part of the territory, regardless of location. Furthermore, it has just entered the B2B market as well.
Becoming a Global Brand
Indraneel believes that one day, very soon, Brand Cab-E will be recognised as the most respectable global brand for the value that it has brought to the ecosystem – a belief that urges him and the Founders to fight and inch ahead every day.
“We have been building this dream for the last two and a half years, and now we are ready to live it – by making a difference to society and Mother Earth at large.”
Indraneel has been inspired by two greats of India Inc., NR Narayana Murthy and Ratan Tata, in every aspect of his life. He says he has attempted to mould his life in their values – whether through resilience, pursuit of greatness, tenacity, upholding high ethical standards, or, most significantly, by being excellent human beings like who they are. Indraneel aspires to live up to the title of being their protégé one day.
Green Future
“We say it may be easy to build a good business model and make money from it, but if it does not entail a ‘Good Samaritan deed’, it is really not worth it”. “It’s time to give now.”
After laying the groundwork for Brand Cab-E in Mumbai, the team intends to build on its success. For the time being, the team will focus on developing in Mumbai, with plans to have a substantial market presence in Pune, Bangalore, and Hyderabad within the next 2-3 quarters. This will assist in passing the conservation baton to the next level before they embark on Pan-India activities and, later, global markets.
According to Indraneel, the company’s goals and vision are very clear. The team seeks to tackle the global warming phenomenon with whatever resources it can gather, on this conservation journey, together.
