Fery Rides Secures Rs 2 Crore Funding to Empower Women on the Move
In a major boost to women-centric mobility solutions, Fery Rides, a women-led ride-hailing platform, has raised Rs 2 crore in a fresh funding round. The round was led by the IAN Angel Fund, with key investors including Hari Balasubramanian, Uday Chatterjee, and Sri Prakash. This investment marks a significant milestone in Fery Rides’ journey to provide safe, inclusive, and empowering transportation options tailored specifically for women.
The funding will be strategically used to strengthen the company’s technology platform, scale its operations beyond the National Capital Region (NCR), and onboard more women drivers, referred to on the platform as Sister Partners. With safety and inclusivity at its core, Fery Rides aims to redefine the way women travel in India’s urban landscapes.
The Personal Story Behind Fery Rides
Fery Rides was co-founded by Ajay Kumar, Vindhya Mehrotra, and Himanshu Chaubey. The idea for the startup emerged from a personal incident that deeply affected Ajay Kumar. He witnessed a close friend being harassed by a ride-hailing driver — a common fear among many women who use public transport and ride services.
This experience motivated Kumar to create a platform that prioritizes women’s safety and comfort while providing them with reliable transportation options. Fery Rides is designed to bridge the gap in the market by offering a safe alternative where women can travel worry-free and women drivers can earn with dignity and security.
How Fery Rides Is Changing the Ride-Hailing Landscape
While the ride-hailing industry in India has grown rapidly, safety concerns continue to be a major challenge, especially for women riders. Fery Rides stands out by creating an ecosystem that addresses these concerns head-on.
Unlike many traditional services, Fery Rides is specifically tailored to serve women riders and drivers. The platform exclusively promotes women drivers — called Sister Partners — who undergo rigorous background checks and training to ensure safety and professionalism. This creates an environment where women riders feel more secure and comfortable.
The presence of women drivers not only provides safer rides but also offers an empowering employment opportunity for women who want to become self-reliant entrepreneurs in the mobility space. By building a community of Sister Partners, Fery Rides fosters inclusivity and economic empowerment simultaneously.
How the Rs 2 Crore Funding Will Accelerate Growth
The recently raised Rs 2 crore will fuel Fery Rides’ growth plans in several key areas:
1. Strengthening Technology
One of the primary focuses will be to enhance the app’s technology platform. This includes improving user experience, adding advanced safety features such as real-time ride tracking, SOS alerts, and improved driver-rider communication. A more robust platform will help Fery Rides offer a seamless, secure, and reliable service to its users.
2. Expanding Beyond NCR
Currently, Fery Rides operates primarily in the National Capital Region. With this new capital infusion, the startup aims to expand its footprint to other metropolitan cities and tier-2 towns, increasing the availability of safe rides for women across India. This expansion will also help the brand reach more riders and women drivers, creating a larger impact.
3. Onboarding More Sister Partners
The funding will help Fery Rides attract and onboard more women drivers. By growing the Sister Partner network, the platform not only increases ride availability but also empowers more women economically, enabling them to earn through safe and flexible jobs.
The Growing Need for Women-Led Mobility Solutions
Safety remains a top concern for women using public transport and ride-hailing services. Despite growing awareness, many women still face harassment and discomfort during their journeys. Platforms like Fery Rides are vital because they provide a trusted solution built around women’s safety.
Furthermore, by focusing on women drivers, Fery Rides breaks stereotypes and promotes gender equality in a sector traditionally dominated by men. This dual approach—prioritizing safety for riders and empowerment for drivers—positions Fery Rides as a pioneer in transforming urban mobility.
What Sets Fery Rides Apart from Other Ride-Hailing Services?
While many ride-hailing platforms offer women-only rides or safety features, Fery Rides is unique in that it is a women-led company built specifically for women riders and drivers from the ground up. The company culture, technology, and community all focus on solving the safety challenges faced by women commuters.
The company’s founders’ personal motivation and commitment add authenticity to the brand’s mission. This has helped Fery Rides build a loyal user base that values trust, security, and community—three pillars often missing in the ride-hailing industry.
What Investors See in Fery Rides
The backing by the IAN Angel Fund and investors like Hari Balasubramanian, Uday Chatterjee, and Sri Prakash signals strong investor confidence in Fery Rides’ vision and business model. The investment is not just financial support but also opens doors for mentorship, networking, and strategic guidance.
Investors recognize the growing demand for women-centric mobility solutions and see Fery Rides as a potential market leader that can tap into this vast and underserved segment.
The Road Ahead for Fery Rides
With the new funding and growing momentum, Fery Rides is poised to make a meaningful difference in the mobility ecosystem. The platform’s expansion will not only offer safer rides to more women but also create livelihood opportunities for many aspiring women drivers.
As urban India continues to evolve, Fery Rides’ focus on safety, empowerment, and community could well inspire a broader shift in how ride-hailing services cater to women.
Fery Rides is more than just a ride-hailing app. It’s a movement towards safer, more inclusive transportation for women, driven by the passion and purpose of its founders. The Rs 2 crore funding round marks a new chapter in this journey, with exciting growth and innovation on the horizon.
For women seeking safer travel and for women drivers looking for meaningful work, Fery Rides is fast becoming a trusted name. With investor support and a clear mission, the startup’s future looks bright — and it’s driving change for women across India.
