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FaeBikes is not just another electric scooter company; it is a forward-thinking initiative aimed at transforming the landscape of last-mile mobility in India. With a strong focus on sustainability and innovation, FaeBikes is building the largest fleet of electric scooters tailored for logistics and e-commerce companies across the nation. Founded by a group of IIT graduates, the company is revolutionizing how businesses approach transportation and delivery, ultimately contributing to a greener future.
Vision and Mission
At FaeBikes, the vision is clear: to create a holistic ecosystem of electric mobility in India. This vision encompasses three critical areas: building a comprehensive fleet of electric vehicles (EVs), developing best-in-class charging infrastructure, and offering quality fleet management solutions. The mission extends beyond mere transportation; it aims to reshape urban mobility while addressing the pressing challenges of pollution and congestion that cities face today.
Our Journey
Founding and Growth
FaeBikes was founded with the goal of facilitating the transition from traditional internal combustion engine (ICE) vehicles to electric vehicles for logistics and e-commerce. Within just two years of operation, FaeBikes has achieved remarkable milestones, including helping over 30 logistics and e-commerce companies make this transition. Major industry players like Amazon, Swiggy, and Flipkart have recognized the value of FaeBikes' offerings, leading to significant partnerships that have further solidified the company's standing in the market.
Achievements
In its relatively short existence, FaeBikes has built a fleet of over 2,000 electric vehicles operating primarily in Bangalore and Hyderabad. These scooters have collectively covered more than 50 million kilometers, demonstrating the practicality and reliability of electric mobility solutions in urban settings. The company also boasts a trained workforce of over 50 technicians, ensuring that all vehicles are maintained to the highest standards and minimizing downtime for partners.
The FaeBikes Fleet
High-Performance Electric Scooters
FaeBikes offers a range of high-performance electric scooters designed to meet the diverse needs of its business partners. The scooters are equipped with ample load-carrying capacity and tailored to various speed requirements. This versatility makes them ideal for different types of businesses, particularly in the last-mile delivery sector.
Fleet Management Solutions
In addition to providing electric scooters, FaeBikes offers comprehensive fleet management solutions to logistics companies. These solutions ensure that the fleet operates smoothly and efficiently, allowing partners to focus on their core business activities. Key features include:
Expansion into the Consumer Market
While FaeBikes has successfully established itself as a key player in the logistics sector, the company is now expanding its reach to the consumer market. This initiative aims to provide individuals with flexible, affordable, and sustainable mobility solutions.
Rental Services
FaeBikes is launching a rental service that allows individuals to rent electric scooters on a daily, weekly, or monthly basis. This service is designed for people seeking alternatives to public transport or ride-sharing services, offering several advantages:
Investment Opportunities
FaeBikes also offers individuals the chance to invest in its fleet. The investment plan is structured to be hassle-free, requiring minimal engagement from investors while providing assured fixed monthly returns. Key features include:
Commitment to Sustainability
FaeBikes is deeply committed to promoting sustainable practices and reducing the environmental impact of transportation. The company's focus on electric vehicles aligns with global efforts to combat climate change and enhance air quality in urban areas.
Infrastructure Development
To support the widespread adoption of electric mobility, FaeBikes is actively involved in setting up charging infrastructure across its operational cities. This development ensures that both business partners and individual users have convenient access to charging facilities, further encouraging the use of electric scooters.
Community Engagement
FaeBikes understands that sustainability is a collective effort. The company engages with local communities to raise awareness about the benefits of electric mobility. By hosting workshops and educational programs, FaeBikes aims to inform individuals about the advantages of switching to electric vehicles, fostering a culture of sustainability.
Future Aspirations
As FaeBikes continues to grow, the company has ambitious plans for the future. The overarching goal is to expand its fleet and services to multiple cities across India and potentially into international markets.
Expansion Plans
FaeBikes aims to establish its presence in key metropolitan areas beyond Bangalore and Hyderabad. Cities such as Mumbai, Delhi, and Pune are on the radar for future expansion. The plan includes setting up local operations, charging infrastructure, and partnerships with logistics companies to ensure a smooth entry into these markets.
Technological Innovations
FaeBikes is committed to continuous improvement and innovation. The company is exploring advanced technologies, such as AI and IoT, to enhance its fleet management solutions. These innovations will help optimize operations, improve safety, and provide a more seamless experience for users.
Collaborations and Partnerships
To strengthen its market position, FaeBikes plans to collaborate with various stakeholders, including local governments, industry associations, and technology providers. These partnerships will facilitate the development of a more robust electric mobility ecosystem.
FaeBikes is at the forefront of a mobility revolution in India, championing the cause of electric scooters for last-mile transportation. With its impressive fleet, commitment to sustainability, and innovative rental services, FaeBikes is not only meeting the needs of logistics companies but also empowering individuals with accessible and affordable electric mobility options.
As the company continues to grow and expand its reach, it remains steadfast in its mission to reshape urban transportation, one electric scooter at a time. With a strong foundation built on technological innovation, community engagement, and a commitment to environmental sustainability, FaeBikes is poised to play a significant role in the future of mobility in India. Join us on this journey towards a greener, more sustainable future—choose FaeBikes for your next ride.
Operations Commenced On 2016
Franchise Commenced On 2020
Investment INR 20lakh - 30lakh
Franchise/Brand Fee INR 150000
Royalty/Commission 25 %
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 15 %
Likely pay back period of capital for a Unit Franchise 2-3 Years
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Floor area requirement 100 - 1000 Sq.ft
Preferred location of unit franchise outlet All over India
Detailed operating manuals for franchisees Yes
Franchisee training location Bangalore
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 3 Years
Is the term renewable? Yes
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