Nepal’s two homegrown startups, Khalti Digital Wallet and Tootle have signed an agreement to make bike hailing service easier in the country. This partnership will enable Tootle customers to top-up their Tootle balance via Khalti Digital Wallet and make payment for tootle ride even more convenient. They will also provide extra amount and cashback while toping up tootle balance from Khalti. Read more about Khalti Tootle partnership below.
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 Tootle 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 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, Sixit Bhatta, Co-Founder/CEO of Tootle 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.”
With the launch, Tootle users can now top up their Tootle balance using Khalti and get 5% extra on each Tootle top up. Similarly, Khalti is also providing 5% Khalti cashback on Tootle top-ups.
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. Google declared Khalti as the global winner of GBG Storytelling Contest 2017, a global startup competition. Currently, Khalti has more than 500,000 users on a regular basis to make various payments.
Tootle is a software 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. Tootle, launched in January 2017 has acquired more than 50,000 users.