JustDial co-founder Ramani Iyer builds smartphone power bank rental network – Times of India
Justdial’s co-founder Ramani Iyer has launched his latest venture ‘Spykke’, a smartphone power bank rental service. In 6 months, Spykke claims to have achieved the widest smartphone power bank rental network in India, and is currently live across 8,000 locations in 11 cities throughout India.
Spykke is live across Bengaluru, Mumbai, Delhi-NCR, Hyderabad, Chennai, Kolkata, Coimbatore, Chandigarh, Lucknow, Jaipur, and Pune. Its deployments are majorly in high-footfall regions such as metro stations, cinemas, cafes, malls, airports, railway stations, corporate offices, tech parks, hotels, and hospitals. People can simply walk to any Spykke partner outlet and rent a power bank by scanning the QR code on it. Once used, the power banks can then be returned to the nearest Spykke station.
“I am optimistic about the opportunities and trends in India. Three big trends are providing strong tailwinds to this industry. 1) India is very open to adopting digital / technology solutions. 2) Indian youth are increasingly adopting a ‘sharing economy’. 3) A fast-growing smartphone consumer base. And now, with the doubling of time spent on phone usage in the last year, the pressure on smartphone batteries has never been higher. This is where Spykke comes in… Using Spykke, no one has to run out of battery ever! That is why, within the last 6 months, we have rapidly spread across 11 cities in India, with a network of 3500 partners and 8000+ charging stations, to become the largest power bank rental business in India,” said Iyer.