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Govt to launch 'Sahkar Taxi' service across India to compete with Ola, Uber
Entrackr
ยท
3m ago
Medial
The Indian government is set to launch a new cooperative-based taxi service called "Sahkar Taxi" across the country to offer an alternative to popular ride-hailing platforms like Ola and Uber. The move will put the government in competition with Uber, Ola, Rapido, and emerging app-based cab aggregators such as BluSmart. The government announced the plan in Parliament on Wednesday, stating that the new service will register two-wheeler taxis, rickshaws, and four-wheeler taxis. Unlike existing private company services, Sahkar Taxi will ensure that all profits go directly to the drivers rather than large corporations. A similar model already exists in West Bengal with the launch of Yatri Sathi by the Mamata Banerjee-led TMC government. Initially introduced in Kolkata, the service has since expanded to other cities, including Siliguri, Asansol, and Durgapur. Meanwhile, in Karnataka, a privately owned taxi service app called Namma Yathri follows a similar model by ensuring that all profits go directly to the drivers.
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Ride-hailing on a rollercoaster ride with sharp twists, turns
Economic Times
ยท
3m ago
Medial
Indiaโs ride-hailing ecosystem has seen significant changes over the past year, with Rapido gaining market share, Uber considering acquiring BluSmart, and the government planning its own app, Sahkar Taxi. Rapido now holds a 20% market share, challenging Uber and Ola. The complex market dynamics make profitability elusive, as firms navigate high investment needs and incentivizing drivers. The success of asset-light models and government intervention could shape the sector's future, indicating ongoing transformation.
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Ola launches all-electric parcel services in Bengaluru
Money Control
ยท
1y ago
Medial
Ride-hailing company Ola has introduced its parcel delivery service, 'Ola Parcel', in Bengaluru using electric scooters. The service will charge Rs 25 for 5km, Rs 50 for 10km, Rs 75 for 15km, and Rs 100 for 20km. Ola plans to expand the service across India in the coming months. The intra-city parcel delivery market already has players like Porter, Swiggy Genie, Uber, and Dunzo. Ola's rival, Uber, also launched its parcel delivery service called 'Uber Connect' last year.
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Ola dangles Rs 70K monthly earnings for riders in push to expand e-bike taxi service
Money Control
ยท
1y ago
Medial
Ola is aggressively expanding its electric bike taxi service in Bengaluru, India, and offering attractive incentives of up to INR 70,000 per month to e-bike riders. The company is also renting out electric scooters with a security deposit of INR 5,000 to those who want to join as e-bike taxi riders. Ola aims to get a head start over rivals like Uber, as it seeks to capitalize on the growing demand for clean and convenient transportation options. However, the company is currently operating without a license from the Karnataka transport department.
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Karnataka bike taxi group meets govt officials, demands ban reversal
YourStory
ยท
27d ago
Medial
A group of 110 bike taxi drivers from Karnataka, representing ride-hailing services like Uber, Ola, and Rapido, met with state officials to challenge the recent ban on bike taxis. They requested a policy framework for legal recognition of these services, emphasizing concerns over job loss and regulatory uncertainty. This meeting followed a series of unanswered open letters to key political figures, highlighting ongoing tensions between bike taxi operators and local auto unions.
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Rapido Claims Unicorn Tag With $200 Mn Funding From WestBridge, Others
Inc42
ยท
10m ago
Medial
A recent funding round led by WestBridge Capital and Nexus Venture Partners will provide funds for the expansion of a four-wheeler taxi service, targeting competition with Ola and Uber. The startup has experienced significant growth, with its top line increasing more than 12 times, according to a co-founder.
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Rapido, Ola, Uber change bike taxi to parcel delivery service on app
Economic Times
ยท
1m ago
Medial
Ride-hailing platforms Rapido, Ola, and Uber have shifted their bike taxi services in Karnataka to courier services after a high court ban. Uber renamed its bike-taxi option to "moto courier," while Rapido and Ola introduced parcel delivery options. The move aims to comply with the directive and sustain operations. However, there are concerns about transparency and potential job risks for gig workers, impacting 50,000-60,000 individuals in the state.
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Ola, Uber most data-hungry taxi apps in India, Rapido least: Report
Business Today
ยท
5m ago
Medial
A report reveals that Ola and Uber are the most data-intensive taxi apps in India, whereas Rapido collects the least data. Around 30% of ride-hailing apps, including Uber and Ola, use user data for third-party advertising. Globally, GrabTaxi and Yandex Go, along with Uber, rank as the most data-hungry, while apps like Rapido and TaxiEU gather less. Sensitive data such as race, sexual orientation, and biometrics are also collected by Uber and Lyft.
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Ola applies for licence to operate e-bike taxis in Karnataka
Economic Times
ยท
1y ago
Medial
ANI Technologies, the parent company of Ola, has applied for a license to operate an electric bike taxi service in Bengaluru and other towns in Karnataka. The state allows EV two-wheelers to be used as bike taxis under its Electric Bike Taxi Scheme, 2021. Ola's founder, Bhavish Aggarwal, recently announced the re-launch of Ola Bike, a two-wheeler taxi service that will use electric scooters. The move is aimed at expanding ride-hailing services in smaller towns and promoting environmentally friendly transportation options.
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After Bike Taxis, Maharashtra Govt Turns the Heat on Bus Aggregators
StartupTalky
ยท
5d ago
Medial
The Maharashtra government is cracking down on bus aggregators like Uber Shuttle for operating without permits, a week after addressing bike taxi violations. Transport Minister Pratap Sarnaik emphasized the need for stricter enforcement and potential action against non-compliant buses and negligent RTO officials. Uber Shuttle and Cityflo face scrutiny, with possible service suspensions looming. The push for regulatory compliance follows analogous issues with bike taxis, aiming to establish proper policies and licensing for aggregators.
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Hyderabad auto, taxi drivers hitch ride on ONDC to launch ride-hailing app Yaary
Money Control
ยท
1y ago
Medial
Hyderabad Auto and Taxi Drivers Association has launched Yaary, a ride-hailing app built on the government's Open Network for Digital Commerce (ONDC) protocols. Yaary, which onboards over 20,000 auto and taxi drivers in Hyderabad, aims to compete with popular ride-hailing platforms such as Ola, Uber, and Rapido. The app promises zero commission levies for drivers and provides benefits like flexible work schedules, responsive support, insurance, and legal consulting. Yaary is the brainchild of Hari Prasadh, Madhan Balasubramanian, and Paritosh Verma, and it is built following the BECKN protocol under ONDC.
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