Buscaro partners with local bus operators to split fuel costs across many passengers, cutting fares below what you'd pay driving alone. The model lets entrepreneurs earn more while keeping prices low for riders.
So you said it's a quarter of a rickshaw.
Yes. What does that really mean? What we managed to do is because we have high-capacity vehicles and we're putting 30 people in a bus as opposed to 1 person in a car, fuel being the biggest component of that is suddenly reduced and split into multiple people. The average price that each person is paying suddenly becomes a lot lower than it would be.
Are you outright purchasing all of these vehicles and you have to maintain them? And as you grow, I mean, those costs can grow significantly as well.
So we don't purchase any of these vehicles. You have people on ground today who are running this as solo entrepreneurs, and we come in and work with them, which then means they can earn more money, and then we're able to charge the end consumer a lower amount.
Public transportation, there's just not enough of that.
For women in particular, the hope is that this creates opportunities for them to be able to go and work.