Ontrack

  • Bangalore, India
  • Logistics, Automotive, Services, Rental, Subscription Commerce, Sharing Economy

Ontrack is an asset-lite 2-wheeler rental company which rents out bikes on a monthly basis.

Founded:
2016
Stage:
Steady Revenues
Market:
B2C

Startup Video

Featured


Founded

The company was incorporated on this day.

Feb

2016

Customer

Started operations with fleet of 3 bikes. 100% utilization

Feb

Fleet Size

Increased the fleet size to 7 bikes with 85.71% of utilization.

Mar

Fleet Size

Fleet size was increased to 10 bikes with a utilisation of 70%.

Apr

New Team Member

Vansh Jain joins Ontrack

Apr

Customer

Big order from a B2B client.

Jun

Inventory Addition

Increased the fleet size to 33 bikes.

Jun

New Product Release

Brand New Bikes Launched. Bought a fleet of 5 Suzuki Access.

Jul

New Product Release

Bajaj Motors and Bajaj FinCorp helped Ontrack with 5 Pulsar.

Jul

Funding

Introduced Operating Leasing by the name of Prime Investor.

Aug

New Team Member

Conrad joined Ontrack to head business development and operations.

Mar

2017

Prime Investor

A lessor came onboard and started with 50 bikes.

Apr

Inventory Addition

Fleet size increased to 225 bikes.

May

New Product Release

Web Application Launched

May

Customer

First B2C booking from the website.

May

Jobs


Team Summary

Harshit believes that vision without execution is just hallucination. He is a graduate from Christ University and holds a BBA degree.

Vansh joined Ontrack in April to handle the operations of the company. He is also a graduate from Christ University and holds a BBA degree. Vansh is a problem solver and gives wings to the company’s ambition.

Conrad heads the growth at Ontrack. A post graduate from IIM Indore, he specializes in Marketing, Operations, Statistics, and Strategy. He has worked with Credr as their Zonal Head for South India as well as led the growth of the premium segment at United Breweries in Bangalore.

Team

Founding Team

Founder & CEO - Ontrack Believes that vision without execution is just hallucination.

WORK

Ontrack Technologies Private Limited (2016 - present)
Director

EDUCATION

Christ University, Bangalore
Bachelor of Business Administration (BBA) • 2013 - 2016

Vansh Jain

Vansh Jain


COO, Co-Founder

IIM Indore Alumnus | Current - Core Team Member - Business Growth & Strategy @ Ontrack Technologies Pvt. Ltd. | Past - Zonal Head, South India @ CredR, Sales Strategist/Head @ Red Fumes, Area Sales Manager - Bangalore @ United Breweries Ltd

WORK

Ontrack - Affordable. Independent. Transport (2017 - present)
Core Team - Business Growth & Strategy

Sooting Garments & Accessories (2016 - 2017)
Head Of Business Operations

CredR (2015 - 2016)
Zonal Head - South India

EDUCATION

Indian Institute of Management, Indore
Post Graduate Diploma in Management • 2010 - 2012

St. Xavier's College (Autonomous), Kolkata
Bachelor of Science - BSc • 2006 - 2009

Program Manager @Target Accelerator, Advisor/ Stakeholder @OnTrack, Mentor @NUMA, Mentor @BHive

Product/Service Summary

The product is a 2-wheeler on rent, but only on monthly basis.

You ask why?
Because its a utility product - its a tool for ones transporation needs. And renting bikes on hourly & daily basis only serves the market of leisure.
With monthly subscription rentals - we are able to generate higher utilization on these vehicles and hence can offer affordable pricing for the end consumer.

Our package does not just include the bike - but also the maintenance, insurnace, Road-Side Assistance, Helmet and GPS Tracking Solution for the safety of consumers.

Apart from serving the direct consumers - the company also serves the growing logistics and daily rental markets by supplying bikes to them.

Product/Service Descriptions