Ward Wizard Solutions India Pvt Ltd, a technology and health-oriented company, has collaborated with Franchise India, Asia's largest integrated franchise solution company, for the expansion of its brand.
Through this collaboration, Ward Wizard Solutions is launching its electric bikes under the brand name "Joy e-bikes". Currently, the company is in the space of electric bikes and is promoting the new innovative, eco-friendly mode of transport in India.
Yatin Gupte, Founder & CEO, Ward Wizard Solutions, said, "The market for e-bike is very niche and yet to be penetrated via franchising business opportunities. Our Joy e-bikes are ARAI certified electric bicycles that enable good for health conscious people. Cycling being swiftly adopted as a means to stay fit and as a popular recreational activity, awareness about the e-transport compared to regular cycles has to be created. We are happy to associate with Franchise India for expanding our brand store looking at the legacy of remarkable service support system they have along with great teamwork."
Gaurav Marya, Chairman of Franchise India, stated, "We are delighted to associate with Ward Wizard Solutions for their Joy e-Bikes. Electric bicycles are slowly coming back. The market for Electric Bicycles lies primarily in the urban areas where we see more affordability and awareness for electric vehicles. Together, we plan to open 15 stores by FY 2019-20 involving an investment of about INR 10 crore. We will cater to sustainable and profitable growth by creating long-term value for our customers, our shareholders, our people and our business partners."
