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Established in 2020 by Deniel Singh and George Lim Ting, Geolah markets itself as a “next-generation expertise platform” providing a variety of transportation companies together with personal transportation, personal chauffeur, journey sharing, and package deal supply.

The 2 founders first met in 2018 when Deniel was a vice chairman at a expertise firm serving to startups and enormous enterprises envision, innovate, and construct internet and cell platforms.

With over 23 years of expertise in each enterprise and IT, he has deep trade data and a ardour for constructing service platforms to digitize completely different domains.

In the meantime, Lim Ting is a self-made entrepreneur who has traveled the world whereas operating a number of companies. His purpose is to make use of digital transformation to make transportation and meals extra accessible and inexpensive for everybody, notably small and medium-sized enterprises (SMEs).

Geolah was born throughout the ‘circuit breaker’ interval, and the enterprise thought arose because of Deniel’s private expertise as a Non-public Rent Car (PHV) driver. He had recognized a number of challenges and gaps inside the conventional ride-sharing enterprise mannequin, so the duo got down to discover options.

I noticed that there have been primary challenges and gaps within the enterprise mannequin. Finally we discovered potential options, and Geolah was based by locals for locals.

– Deniel Singh, Co-Founder and COO of Geolah

With Geolah, his mission is to create an excellent app that gives a variety of inexpensive transportation companies and introduce zero fee payment for companion drivers.

Drivers do not need to pay any fee

Geolah Pre-Launch Occasion held on November 28, 2022 / Picture Credit score: Geolah

Based on Deniel, a few of Geolah’s standout elements are that it presents versatile work hours and a greater work-life steadiness for its drivers, in addition to inexpensive journey fares and a digital driver onboarding course of.

They’ve additionally launched commission-free fares for his or her driver companions, which implies that all journey fares go on to the drivers, permitting them to cowl their primary every day bills comparable to every day automotive rental, gasoline, parking, and many others.

Because of the excessive value of automotive rental and gasoline, [it] results in decrease earnings [for drivers]. We wish our group of driver-partners to attain the utmost earnings to fulfill their primary every day wants.

– Deniel Singh, Co-Founder and COO of Geolah

Against this, the main gamers on the platform cost drivers between 10 and 20 % commissions, that are deducted from every journey. Drivers solely take pleasure in bonuses or incentives after they make a sure variety of journeys inside a stipulated interval.

Deniel added that since Geolah permits most earnings for driver companions, they’re as an alternative monetized by strategic companion rebates. Geolah permits huge manufacturers to launch focused advert campaigns and promotions on its platform, and over time, it expects this to change into a major income by changing into a sponsored content material channel for each passengers and drivers.

With the purpose of providing inexpensive fares for passengers, Geolah’s journey fares are calculated primarily based on driver availability, distance, and kind of service.

Thus far, the startup has recruited greater than 540 drivers and goals to recruit 2.5 % of the overall pool of native TDVL and PDVL drivers within the subsequent 24 months. Citing statistics from the Land Transport Authority, Deniel mentioned there are at the moment roughly 90,000 TDVL drivers and 47,000 PDVL drivers in Singapore.

Enterprise roadmap for the subsequent two years

Over the subsequent two years, Geolah will progressively introduce different companies comparable to carpool, AirportXpress, CrossBorder, floor excursions, packages, meals and grocery supply companies.

geolah ride waving
App interface when reserving GeoRide and GeoHire / Picture Credit score: Geolah

Its ride-sharing service GeoRide will launch its beta take a look at on February 14, 2023, permitting passengers to guide a journey in personal rental vehicles, metered taxis, and personal chauffeurs for one, 4, or eight hours.

Its ride-sharing service Geolah will launch its beta take a look at on February 14, 2023, permitting passengers to guide a journey in personal rental vehicles, metered taxis, and personal chauffeurs for intervals of 1, 4, or eight hours.

Within the third quarter of this yr, Geolah will even launch “group rides” with the purpose of offering free and sponsored rides.

We’ll educate and encourage our group of driver-partners to offer again and volunteer to supply rides, comparable to bringing and sending SPCA animals to vets. We’re additionally involving different non-profit associations to supply a group transport service for the much less lucky, disabled and aged who want to maneuver.

– Deniel Singh, Co-Founder and COO of Geolah

Then, early within the fourth quarter of this yr, Geolah will launch its on-demand package deal supply service, GeoMove.

Later, beginning in 2025, its GeoMart on-line grocery supply service, GeoBites on-line meals ordering service, and GeoTrans transportation service shall be applied.

Specifically, GeoTrans is a singular characteristic of Geolah, which presents heavy transport companies comparable to ambulances, buses and vans for each the B2C and B2B segments.

With this wealth of companies, together with its commission-free charges and inexpensive fares, Geolah hopes to draw extra riders and drivers on board. By the top of 2023, it hopes to succeed in “hundreds of customers.”

Finally, its purpose is to change into a ‘tremendous app’ as it really works on constructing a big person base, a excessive engagement mannequin, and a robust ecosystem of strategic companions.

We should proceed to innovate and evolve to supply a greater person expertise and a dependable infrastructure. [As part of] our technique for [gain more] market share, we emphasize educating our driver-partners about adopting our commission-free fares and being open to suggestions. We strongly consider that this helps determine areas of enchancment to develop the Geolah group.

– Deniel Singh, Co-Founder and COO of Geolah

As a self-funded start-up, Deniel says the founders have invested sufficient to maintain the enterprise going for 5 years. As a part of their development plans, they’re at the moment increasing the staff and in search of nice expertise to hitch the corporate.

Moreover, they’re exploring new markets in Southeast Asia and Asia Pacific to extend their person base and income streams. Specifically, they hope to launch in Brunei, Malaysia, Thailand, the Philippines, Myanmar, Cambodia, Laos, Hong Kong, Taiwan, Japan, Australia, and New Zealand.

They’re additionally engaged on figuring out new applied sciences and developments to introduce to the platform, and it’s open to collaborations and partnerships.

Featured Picture Credit score: Geolah

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