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SPACE TAXI MODEL
Skyroot Aerospace forecasts Rs 977 crore in revenues by FY27, ahead of Vikram-1 launchIndian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch servi...- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- Mumbai’s skyline is soaring. So is the pressure on housingMumbai's booming real estate market sees global financial giants occupying luxury towers while low-income residents like taxi driver Ramu V...
- Skyroot Aerospace bets on ‘space taxi’ model as Vikram-1 launch nearsIn the run up to its maiden launch, the startup’s chief executive Pawan Kumar Chandana called it a “space taxi,” as it is a small rocket th...
- Govt to launch 'Sahkar Taxi' service across India to compete with Ola, UberThe Indian government will soon launch the Sahkar Taxi service nationwide, offering an alternative to platforms like Ola and Uber. This coo...
- Rapido launches hourly two-wheeler rentals in major citiesRapido will offer fixed-rate services starting at Rs 99 per hour for up to six hours. This is expected to allow customers to run multiple e...
- Karnataka to open roads for electric two-wheeler taxisThe Karnataka government proposed to implement an electric bike taxi project to improve last mile connectivity of public transportation, wi...
- BBMP floats pod taxi again, critics say it’s rickshaw in airPod taxi is a mode of transport which resembles a cable car. It has no driver, runs on electricity and accommodates four to six people. Cri...
- Gurgaon-based Baxi to expand operations, eyes UP marketBaxi will start services in Noida and Ghaziabad in the next few weeks as it expands operations and tap into the booming on-demand motorbike...
- NTL wants to beat Ola in autorickshaw laneNTL, a taxi fleet aggregator that had begun before the app-based aggregators drove in, has now gathered an arsenal of 1,000 autorickshaws i...
- Olacabs to buy TaxiForSure to take on competitors like Uber; deal likely at Rs 1,250 croreAccording to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.
- New scheme doesn't suit app-based cabsUnder the new scheme, taxi services using the aggregator model will be allowed to register and get a licence as a radio taxi operator.
- Investors criticise ban of taxi hailing apps like Uber and Ola"Here was an industry building a few billion dollars in value but you are desperately scuttling it," said an investor in TaxiForSure.
- Taxiforsure raises $10 million more, to enter 20 cities soonThe company will be entering in Hyderabad this month and will follow it up with Ahmedabad, Pune, Mumbai, Jaipur, Chandigarh, Kolkata, Indor...
- TaxiForSure may raise $10 million from Bessemer Venture PartnersThis is the latest in a string of transactions in the country's burgeoning online cab rental services market over the past 12 months.
- TaxiForSure in flnal stages to raise Rs 60 crore from Bessemer VenturesThe Bangalore-based co will receive about $10 mn, led by Bessemer Venture Partners , according to several people directly involved in the d...
- TaxiForSure launches Chennai operationsBangalore-based Serendipity Infolabs that runs online taxi rental company TaxiForSure has launched its operations in Chennai.
- Mumbai to have new generation 'Omni' taxisMumbai is set to get new Maruti Suzuki Omni taxis as the first 200 such cabs are scheduled to ply on city roads by the month-end.
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