Nepal’s two homegrown startups, Tootle and Khalti Digital Wallet have signed an agreement to make bike hailing service in Nepal easier and cashless.
This partnership will enable customers to top-up their Tootle balance via Khalti Digital Wallet and make payment for bike ride even more convenient.
Amit Agrawal, Director of Khalti, and Mr. Sixit Bhatta, Co-founder and CEO of Tootle, signed the MoU on Tuesday.
Announcing the partnership, Mr. Amit Agrawal, Director of Khalti said,
We are glad to be partnering with an innovative bike ride-sharing app like Tootle and provide users to top-up their balance easily using Khalti. Mobility and payments are common problems in Nepal. This collaboration is focused on jointly solving these problems.
Further, if we work together, it will bring synergy to both the companies. This partnership will spread vibes that young entrepreneurs and startups should come together and work together to build a world-class ecosystem.
We are confident that our users will be delighted with their Tootle’s experience. We are always committed to providing more value to our users, and will be adding many more features and services on Khalti very soon.
Similarly, Mr. Sixit Bhatta mentioned,
In Nepal, just a few years ago, it was uncommon to get access to transportation or payment via digital platforms. But the landscape of smart mobile technology has been rising and apps like Tootle and Khalti are ready to soar high. The user growth and enthusiasm has also been astounding. Furthermore, I believe brands like Tootle and Khalti synergize each other because of a variety of things in common, for instance, primary target market being one. This partnership with Khalti gives both the brands a terrific opportunity to move fast and stand out in the mobile business space.
As part of the launch offer, users can now top up their Tootle balance using Khalti and get 5% extra on each top up. Similarly, Khalti is also providing 5% Khalti cashback on each top-up.
Launched in January 2017, Khalti is an emerging online payment solution in Nepal. In addition to loading Tootle balance, Khalti allows users to pay for mobile balance top up, electricity/water bills, DTH and internet bills, movie tickets, airline ticketing, hotel booking and more. Khalti was declared the global winner of GBG Storytelling Contest 2017, a global startup competition by the internet search giant, Google. Currently, Khalti is used by more than 500,000 users on a regular basis to make various payments.
Tootle is a mobile application that serves as a means to find motorcycle based services provided by third parties (Tootle partners). It is a ride sharing service which aims to pioneer in the sharing economy which is an emerging concept in Nepal. It was launched in January 2017 and has acquired more than 50,000 users.