Bono is a peer-to-peer ride-sharing (Carpooling) platform that enables people to travel together. BONO connects people with similar travel requirements and helps save travel costs. Apart from the monetary benefit of sharing costs, BONO’s users also get to know how much CO2 emissions they have prevented (with the help of BONO’s proprietary algorithm). Hence it enables users to understand the quantum of their overall contribution to the environment, if they shift from “exclusivity” to “sharing”.
It’s a “supply based” business which means that no new vehicles are added on the road to satisfy the travel needs of users. The focus is on increasing the occupancy of the vehicles already present on the road which translates to a reduction in traffic and less pollution.