Chinese bike-sharing company Ofo is slated to launch its platform in India today, in partnership with mobile payment service Paytm, reports Livemint.
The Beijing-based firm is expected to make its bikes available in major cities like Bangalore, Chennai, Indore, Ahmedabad, and Pune; it’s already signed an MoU with the Pune Municipal Corporation last week.
With that, Ofo will add to its long list of more than 250 cities in which it operates across 20 countries.
According to the Times of India, Ofo has already begun operations in smaller cities in the country, like Indore.
The move to partner with Paytm – hinted at by the payment company’s CEO Vijay Shekhar Sharma in a recent tweet – should help it expand to reach more people as it branches out to larger metros.
We are brightening India one dockless yellow bike at a time!