Technology entrepreneur Mohit Dubey has joined mobile-tech startup Zophop Technologies Pvt Ltd as co-founder in a full-time role, a company statement said.
Dubey will be responsible for the company's growth strategy and drive certain strategic initiatives, the press note added.Dubey had co-founded auto classifieds portal CarWale.com in 2005. CarWale was acquired by rival CarTrade.com in November 2015. As part of the deal, Dubey became CEO of CarWale, and sat on the board of the combined entity through the transition period until March 2017.
Dubey, who founded Zophop with Vinayak Bhavnani in 2014, was so far associated with the startup only as a mentor and investor. Bhavnani is a computer science graduate from IIT Delhi with a background in mobile technologies and real-time high-scale communication products.
ZopHop is a commuter travel app that displays schedules of buses, trains and metro services in each city. It also shows the nearest available Ola or Uber cab. The app throws up details such as cost, journey time and availability. In addition, it shows the real-time movement of traffic in local languages.
The mobile app is available on Google Play Store in 15 cities, including Mumbai, Delhi, Bengaluru and Kolkata.
For buses, the app provides real-time information, including the estimated time of arrival. It currently provides real-time location and arrival information for more than 5,000 buses in five cities – Mumbai, Kolkata, Thane, Nagpur, and Indore.
“We are now accelerating the pace of growth. Our user base has grown four times in the last two months and soon commuters will also be able to purchase their ticket through the app,” Dubey said.
The startup had raised $450,000 (Rs 2.9 crore) in seed funding from Google executive Amit Singhal, angel investor PK Gulati and 10 others in October 2015.