Aravam Tech Solutions Pvt Ltd has launched Triptronic, a next-generation platform designed to enhance corporate employee transportation with a focus on efficiency, sustainability, and technology-driven solutions. The official launch event, held at The Metropolitan Hotel in New Delhi, highlighted how Triptronic integrates real-time updates, advanced technology, and electric vehicles (EVs) to create a seamless experience for businesses managing employee travel.
Expansion Across India and Global Markets
With a rising demand for corporate mobility solutions, Triptronic is rolling out services across India, ensuring businesses have access to cost-effective and sustainable transport. The company also has ambitious expansion plans, targeting the UAE and Southeast Asia to cater to the increasing need for structured employee transport services.
India’s ride-hailing market, currently valued at $13.4 billion, has only 7% market penetration, compared to 40% in China and 28% in the U.S., indicating a significant growth opportunity. By expanding into new territories, Triptronic aims to triple revenue and serve a larger base of corporate clients.
Key Features of Triptronic’s Mobility Platform
Triptronic operates through three dedicated apps:
- Employee App – Enables employees to book, track, and pay for rides, get real-time updates, and provide feedback.
- Driver App – Helps drivers efficiently manage routes, assignments, and eco-friendly travel options.
- Supervisor App – Allows businesses to monitor employee travel, track vehicles, manage expenses, and optimize routes for better efficiency.
Focus on Sustainability and Cost-Effective Solutions
According to Ankush Mendiratta, Founder, Triptronic, businesses today are increasingly focused on reducing costs, enhancing employee safety, and adopting sustainable transport solutions. Triptronic offers a smart, tech-driven platform that streamlines operations, lowers transportation costs, and promotes eco-friendly travel.
Looking ahead, Triptronic plans to secure $2 million in funding to accelerate EV adoption, expand services, and enter global markets. The company aims to achieve a valuation of $100-125 million within five years, aligning with India’s economic growth, which is expected to double from $3 trillion in 2023 to $6 trillion by 2030.
Corporate Client Growth and Market Leadership
Sorabh Kothari, Co-Founder, Triptronic, emphasized that corporate services will form 80% of the company’s revenue, with an ambitious goal of onboarding 50+ corporate clients within two years. Given India’s employee transport market is valued at over $1 billion, Triptronic is positioned to capture a significant share by offering cost-effective and sustainable employee transportation.
He further stated, “Our focus extends beyond just efficiency; we are committed to making corporate travel greener, easier, and more cost-effective. Businesses that choose Triptronic are embracing innovation and sustainability for their workforce.”
Empowering Vendor Partners and Enhancing Incentives
Sahil Mendiratta, Co-Founder, Triptronic, highlighted the company’s commitment to sustainability, financial growth, and shared success. By 2027, Triptronic aims to support 20% of its Vendor Partners in owning their vehicles through financing options, helping them increase earnings and long-term stability.
Additionally, the Loyalty & Earnings Growth Model will reward top-rated partners with higher incentives, profit-sharing benefits, and exclusive perks, increasing their earnings by 30-40% compared to traditional ride-hailing platforms.
Growing Demand for Smarter Employee Transport Solutions
The employee transportation market is witnessing rapid growth, driven by an expanding office sector. According to the India Employee Transportation Service Market (2024-2030) report, the industry is expected to grow by 8.2% annually. Similarly, the Employee Transport Management System Market Trends report forecasts that the global market will increase from USD 1.2 billion in 2023 to USD 3.6 billion by 2030.
These trends underscore the demand for tech-driven employee mobility solutions, positioning Triptronic as a leader in the corporate transportation sector.
Seamless Connectivity and Future Growth Plans
As Triptronic continues to scale, it is enhancing connectivity between private and public transport. Partnerships with metro, railway, and bus networks will streamline last-mile travel, while airport transit solutions will ensure smooth transport for international students and tourists.
Furthermore, corporate shuttle services and dynamic carpooling models are set to reduce transportation costs by 20-30%, contributing to a more efficient urban mobility system.
By integrating smart technology and sustainable transport solutions, Triptronic is redefining the corporate mobility sector, making employee transportation safer, cost-effective, and environmentally friendly.
