Aravam Tech Solutions Pvt Ltd has launched Triptronic, a next-generation app aimed at transforming corporate transportation through real-time updates, advanced technology, and electric vehicles (EVs). The launch event, held today at The Metropolitan Hotel, showcased how Triptronic caters to businesses seeking efficient, sustainable, and cost-effective employee mobility solutions.
With corporate travel needs rising as employees return to offices, Triptronic is set to begin operations across India, with plans to expand internationally to the UAE and Southeast Asia. The Indian ride-hailing market, currently valued at $13.4 billion but with only 7% penetration, presents vast growth potential. By entering new markets, Triptronic aims to triple its revenue and onboard more corporate clients.
The platform operates through three core applications: the Employee App, enabling ride booking, tracking, and feedback; the Driver App, designed for route management and eco-friendly travel; and the Supervisor App, offering businesses real-time travel monitoring, expense management, and route optimization.
Vision for Expansion and Sustainability
“Businesses today want to reduce costs, keep employees safe, and adopt sustainable transport solutions. Triptronic helps them achieve this with a smart, tech-driven platform that streamlines operations and lowers environmental impact,” said Ankush Mendiratta, Founder of Triptronic. He further stated that the company plans to raise $2 million in funding to expand services, promote EV adoption, and enter global markets, with a vision to reach a valuation of $100-125 million in the next five years.
Sorabh Kothari, Co-Founder of Triptronic, highlighted the shift toward smarter mobility, stating, “As businesses embrace eco-friendly transport, Triptronic simplifies logistics and reduces costs. Our goal is to onboard 50+ corporate clients within two years, with corporate services contributing 80% of our revenue.”
The company is also focused on enhancing vendor partnerships. Sahil Mendiratta, Co-Founder, shared plans to help 20% of Vendor Partners own their vehicles by 2027 through financing support. Additionally, a Loyalty & Earnings Growth Model will reward top-rated partners with profit-sharing incentives and benefits, increasing their earnings by 30-40% compared to traditional ride-hailing platforms.
Positioning for Market Leadership
According to the India Employee Transportation Service Market (2024-2030) report, the sector is set to grow at 8.2% annually, driven by office expansions. A report by Verified Market Reports predicts that the global Employee Transport Management System market will surge from $1.2 billion in 2023 to $3.6 billion by 2030, reinforcing the demand for smart transport solutions.
To redefine urban mobility, Triptronic aims to integrate corporate shuttles, dynamic carpooling, and last-mile connectivity with metro, railway, and bus networks. It also plans to launch airport transit solutions to facilitate seamless travel for international students and tourists. These initiatives are expected to help businesses cut transportation costs by 20-30%, while promoting a sustainable and efficient corporate travel ecosystem.
