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TAXI RENTAL MARKET
China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...- Ola and Uber look beyond cab hailing to drive growthBoth mobility platforms are expected to bank on bike taxis and rentals to shore up ride numbers.
- Investors look to hail one-way inter-city taxisInvestors including Indian Angel Network, ah! Ventures and limousine rental company Nihon Kotsu have recently funded startups such as AHA T...
- MyTaxiindia raises $1 million from Nihon Kotsu"MyTaxiindia is currently in talks with other investors to raise $5-10 million in a Series A round," Anshuman Mihir, Co-founder and CEO, My...
- Ola recorded loss of Rs 796 crore for FY15 as it spent heavily to maintain market leadOla, which in fiscal 2015 was competing with two major rivals — Uber and TaxiForSure — spent Rs 920 crore on fleet operation costs.
- Ola expands into two new categories - outstation and rentalExperts say Ola has changed its strategy from focusing on a horizontal expansion model and the move will help it reach its mission to reduc...
- Self-drive rental business startups like MiCar, Voler may overtake taxi-booking appsIn the last one year, more than 10 startups have sprung up in the space — MiCar, Selfdrive.in, Voler, RentoMojo, Revv, Justride and others
- Riding on the success of taxi aggregation, cabbies like Uber, Ola Cabs, Bookmycab gaining foothold in marketThe high valuations and size of the market are the major drivers for the entry of traditional businesses in taxi aggregation service.
- How Anshuman Mihir's Mytaxiindia.com is making life easier for the Indian travellerWith the Rs. 7 crore Mytaxiindia.com, Anshuman Mihir is making life easier for the Indian traveller.
- Discontent rises amongst Uber drivers in India against it's global policiesUber drivers in India peeved against its policy of no 24-hour helpdesk and delayed payments; customers complain of no call centre support.
- Ola aims to counter Uber with its Biz-class serviceOla Prime charges between Rs 17 to Rs 20 per km across different cities, almost similar to rates that Uber and Meru are charging in various...
- Indian taxi companies like Meru Cabs, Ola, TaxiForSure take on Uber by imitating its payment processesMeru Cabs, Easy Cabs and Mega Cabs, plans to set up collection offices abroad to avail the advantage of single-level authentication.
- How startups like Meru, Uber, Olacabs, TaxiForSure have transformed lives of taxi driversAcross major cities, a silent revolution is brewing among taxi drivers who are gaining from the advent of a new breed of startups.
- 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.
- Bookmycab in talks with VC Firms to raise up to Rs 40 croreThe company is in talks to raise equity-linked funding of up to Rs 40 crore, and expects to close a potential transaction by April later th...
- TaxiForSure launches Chennai operationsBangalore-based Serendipity Infolabs that runs online taxi rental company TaxiForSure has launched its operations in Chennai.
- E-Taxi aggregators claim better business model post Meru strikeMeru, which began operations in 2007 and is expected to earn Rs 200 crore this fiscal, has faced a number of strikes by drivers, especially...
- TaxiForSure.com raises funds from Accel, Helion and Blume VenturesThe funding amount is not disclosed, it is in line with angel funding that the company received during its initial days, an official said.
- My First Million: Rajiv VijRajiv Vij took his time understanding the car rental business globally before launching his own brand, Easy Cabs.
- Delhi co to put young grads behind the wheelsThe Delhi-based Sona Mobility intends to launch a ‘earn while you learn’ programme to have more graduate chauffeurs.
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