Ridepanda: The Micromobility Marketplace Founded by Lime & Scoot Veterans
From Shared Mobility to Personal Ownership
Chinmay Malaviya and Charlie Depman, veterans of leading micromobility companies like Lime, Bird, and Scoot, witnessed firsthand the explosive growth—and challenges—of the shared electric vehicle revolution. Their experience revealed a critical market shift: consumers increasingly wanted personal ownership of light electric vehicles (LEVs) like e-bikes, e-scooters, and e-mopeds.
“From our vantage point, there was a massive shift happening in mobility and transportation,” Malaviya noted. “People were looking for their own electric scooter, electric bike, or electric moped.”
The Birth of Ridepanda
Recognizing the lack of a trusted marketplace for researching and purchasing LEVs beyond generic Google or Amazon searches, the duo launched Ridepanda in early 2020. Backed by seed funding from General Catalyst and Will Smith’s Dreamers Fund, Ridepanda aims to simplify the buying process while promoting eco-friendly urban transportation.
Why Ridepanda Stands Out
- Curated Selection: Only expert-vetted e-bikes, scooters, and mopeds make the cut.
- Ridefinder Quiz: A smart tool that matches users with the perfect vehicle based on height, weight, use case, and budget.
- Pandacare Support: Bundled services including insurance, assembly, repairs, and helmet recommendations.
Solving the Micromobility Overload Problem
With hundreds of LEV options flooding the market, Ridepanda’s vetting system ensures quality and reliability. Products are rated on:
- Performance (motor, battery efficiency)
- Safety (braking systems, stability)
- Sustainability (eco-friendly materials)
- Durability & Repairability (long-term usability)
“We’re fighting the noise and decision fatigue,” Malaviya emphasized.
Focused on Urban Mobility
Currently targeting major U.S. cities like New York, San Francisco, and Chicago, Ridepanda offers financing options and is exploring a subscription model for future expansion. Their mission? To create happier, more efficient cities powered by small, quiet, and fun electric vehicles—perfect for trips under five miles.
The Future of Micromobility
As urban transportation evolves, Ridepanda positions itself as the go-to platform for consumers seeking reliable, sustainable, and personalized LEV solutions. With industry veterans at the helm, the company is poised to redefine how people discover and own micromobility vehicles.
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