Uber and Lyft have established themselves as a convenient and reliable alternative to regular cab services. With them, ride sharing software has become more popular among commuters. However, did you know that they aren’t the only ones out there?

Rideshare management software enables multiple passengers to use the same car and cut down on traffic congestions. By filling up empty seats, you also contribute less to environmental pollution helping fight climate change.

Additionally, passengers can enjoy lower fares compared to regular taxi rides as the cost is divided among the riders. Car owners too can recover some of the fuel costs by allowing people to travel with them and getting paid.

Wondering what rideshare apps you can go for? Here is a list of some of the most popular ride sharing software around the world today. First, though, we will take a look at the major business models used by ridesharing/ carpooling app startups and businesses.

Popular Business Models of Rideshare/ Carpool App Platforms

Car pooling system apps work under different models and we are going to explore the most common ones.

Peer to Peer Model

Many ridesharing companies like Waze Carpool use the peer to peer working model. The principle is simple - the more the number of passengers, the lesser would each one pay. For example, riders in Waze Carpool have to pay the driver based on the distance they have traveled.

The cost per head becomes lower when more passengers are traveling. The driver, on the other hand, can recover the fuel charges from the combined earnings from all passengers. Waze Carpool doesn't employ drivers and relies on normal people to share their rides.

Aggregator Model

This model is used by players like Uber where the company takes a cut from the driver's earnings. Matching is done using intelligent algorithms to connect passengers who are heading towards the same direction and each pays their share of the fare. So, you are sharing your ride through a car pooling system to pay less.

List of Popular Ridesharing Apps Across the Globe

Lyft Line

Lyft Line is a new way to share your rides, helping you pay less by riding along with others who are going on the same route as you. Developed by Lyft, the second largest rideshare app when it comes to volume, drivers can share their trip passengers heading the same way can hop in for a discounted price. Riders save up to 60% on fares compared to calling a separate cab.

App Links: Google Play, Apple App Store

Uber Pool

Uber Pool is the carpool service offered by the ride-hailing giant Uber where multiple riders can ride in the same car for discounted rates.

App Links: Google Play, Apple App Store

Ola Share

Ola Share cuts back your daily commute costs by giving the option to travel with others. All you need to do is offer your pickup location and destination, and the app will match riders heading in the same direction for convenience.

App Links: Google Play, Apple App Store

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