| |May 20219along with ownership of such assets. However, such consumers did want travel and commuting option just for themselves. AirportThe airline industry was majorly affected by Covid however they soon developed SOP's to mitigate the risk by taking extra precautions. Soon the confidence level grew and the passengers started taking flights again however they were wary about taking taxis or buses from the Airport to their next destination. This is where we saw the opportunity to provide an alternate option to unlock the latent demand. Bangalore International Airport being the tech savvy modern airport wished to collaborate with us and soon we were working on launching India's one and only Bike rental at an Airport in India. Motorbikes can be sanitized easily and every vehicle can be used as a personal transport machine by single user. The same idea can be replicated across various airports, railway stations, bus stands and all such places in India as an alternate option to the regular public transportation system. Still on cards ­ With the industry evolving and the company successfully establishing new business models. There is a move towards exploring more opportunities like - Accessory rentals and sales - B2B platforms - Franchise Accessories have been a crucial part of the motorcycling culture and what better than having a motorbike and the accessories along with it under the same roof. We are also looking to develop more alliances with hotels, paying guests, resorts etc to provide a personal on demand transport option completely eliminating the need to risk using public transportation or shared transportation services. FranchiseCovid made people realize the power of owning their own businesses and this led to bombardment of franchise requests on our platform. Most of the requests came from first generation entrepreneurs who want to establish a business that is backed by technology and an established brand name. We are essentially acting as the new age one stop shop for all commuting, travelling and exploring needs. Each of our stores can enable various services like rentals of vehicles and accessories, sales and service of 2 wheelers, act as test ride locations for new models and what not. Franchise is a growing avenue for us and post signing 10 new deals recently RB, is looking to expand this avenue with more interested candidates. RB2.0 is a newer version of the same passionate team that has survived the blow of Covid and has evolved as stronger and better than the peers and the competitors. Abhishek Chandrashekar, CEO & Co-Founder
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