Digital wallet service provider eSewa’s parent company F1Soft Group has officially launched its JumJum ride-sharing app. The new app’s formal beginning was inaugurated on Friday, Baisakh 28, 2081 at a ceremony in Kathmandu. The entry of the fintech giant into a new industry will diversify its business scope while enriching its public accessibility.
The platform called JumJum was soft-launched a few months back and was serving in the main spots in Kathmandu. The company F1Soft has procured the required technology for the service from Sri Lanka’s popular ride-hailing platform PickMe but it will be completely owned and operated as a Nepali entity.
Mr. Subash Sharma, CEO of F1Soft Group, expressed his enthusiasm, stating, “F1Soft Group has always led digital innovation, continuously building an ecosystem of digital products and services to facilitate Nepal’s digital transformation. The inclusion of JumJum as a ride-sharing service enriches our ecosystem, offering convenient transportation.”
Likewise, Jiffry Zulfer, CEO of PickMe Sri Lanka said, “We are excited to partner with F1Soft International to bring our advanced ride-sharing technology to Nepal. This collaboration reflects our shared vision of leveraging technology to elevate the mobility experiences of the communities we cater to, ultimately enhancing lives. Together, we are confident that JumJum will revolutionize the transportation industry in Nepal.” The partnership between F1Soft International and PickMe Sri Lanka underscores the potential for cross-border collaboration in driving technological innovation and fostering regional growth. Leveraging PickMe’s proven technology and F1Soft’s local insights, JumJum is set to establish new standards in the ride-sharing industry.”
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The JumJum ride-sharing has a multitude of features to ensure safety and a comfortable travel experience. The navigation feature uses Google Maps with real-time traffic updates. Additionally, the company also provides an insurance facility that offers passengers security just in case of an unfortunate accident. Up to Rs 5 lakh of insurance is being provided for both the drivers and passengers.
In this, you can get navigation through Google Maps and traffic updates at the same time. Apart from this, Jumjum has also included a feature where users can book a ride not only for themselves but also for friends or family members who do not have access to the app or cannot book for themselves.
At the start, JumJum will give a 75% discount on the first three rides while drivers get a joining bonus of Rs 1,000 and other incentives including a daily bonus of up to two Rs 2,000.
Passengers can pay their JumJum ride fare using eSewa. At the same time, the drivers can get their payment and ride commission on the same mobile wallet.
For two weeks, JumJum drivers won’t have to share any commission with the company. After that, a convenient commission scheme will be implemented.
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Features of JumJum app
JumJum ride-sharing app comes with some appealing features to draw the drivers and riders on board. F1Soft has provisioned life insurance claims of up to Rs 5 lakh and riders can claim a bonus after a certain range of trips has been completed. Here are some of the major features of the Jum Jum ride-sharing platform:
- Insurance: The JumJum ride-sharing app offers up to Rs 50,000 for health insurance and up to Rs 5 lakh in life insurance. F1Soft Group has reached an agreement with Neco Insurance for the facility. Insurance is activated after a trip is accepted. The company says that with insurance provisions, riders, and drivers can get on with the service with peace of mind.
- Bonus and tips for drivers: One appealing feature that the JumJum ride-sharing app lets riders offer drivers tips for the drivers. The JumJum app has a Tips feature using which they can offer their desired amount in tips for a satisfactory commute. The company says that it won’t claim any commission on tips the drivers receive. Additionally, drivers will also be entitled to a bonus after completing a certain range of trips.
- Rewards: The Jum Jum app users get rewards that can be used to receive benefits. The company will launch fascinating schemes and offers when the service launches officially.
- Multiple ride-booking: The JumJum app offers value differentiation in providing the not-so-common multiple ride-booking feature. The feature lets users book more rides at the same time enabling them to also book a ride for their family and friends. Besides, the app allows users to book both one-way and return trips.
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JumJum app download links
The JumJum app is available on both Android and Apple iOS platforms. Check out the download link below and get the app.
Jum Jum ride-sharing service might give a hard time to Pathao, InDrive, and others
F1Soft’s plan for a ride-sharing service might prove challenging for industry leaders such as Pathao, InDrive, etc. Nepal is already crowded with many ride-sharing apps, and a prominent company such as F1Soft venturing into the market could further intensify the competition. Particularly given the fact that its digital wallet has about 8 million users, presumably the users will have easier access to its ride-sharing platform. As digital wallet service faces a crunch, this might be the company’s idea to create a synergistic approach to keep customers intact. Check out: The Ride-Sharing Service “eDrive Nepal” Launched with electric vehicles
Pathao has a Chhito Paisa digital wallet app which it uses for commission payment and there is a plan to heavily market it in the next few months. While InDrive has a controversial status mainly due to being unregistered, it’s an elite ride-sharing platform and could be bemused by eSewa’s diversification plans. In Nepal, ride-sharing apps provide ride-sharing as well as parcel, courier, and other services. Also recommended: Ride-sharing recognized as an industry, a much-needed leap
Do you think F1soft’s diverse profile of services prop up the JumJum app’s wide adoption? Or do you think the ride-hailing service is becoming overtly crowded? Do leave your opinion in the comments below.