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Ansh Kadam
Founder & CEO at Bui...ย โขย 1m
Here is why BluSmart business model can be better than Ola and Uber. If you live in Delhi or Bangalore, you might have seen these BluSmart EV cabs on the road. Now, Ola and Uber say, "We donโt own the cars; we just connect drivers and riders while taking our commission." So, the drivers bear the burden of fuel, maintenance, and EMIs. And when these companies struggled with profitability, they increased commissions, and the pricing surged. The result? Drivers may not be able to make enough, car conditions can deteriorate, and ride cancellations are rampant. But then, BluSmart flipped the entire model: "Iโll own the cars, Iโll hire the drivers, and Iโll control the entire experience." They buy EV cabs, put drivers on a fixed salary, and ensure end-to-end control. โช๏ธ Car conditions? Always top-notch. โช๏ธ Surge pricing? Doesnโt exist. โช๏ธ Ride cancellations? Zero. โช๏ธ Fuel cost? Rs. 1/km with EVs vs. Rs. 5/km with CNG. With 5000+ cabs running and 3000+ EV charging stations (which may open to the public soon), BluSmart isnโt just another cab service, itโs a potential goldmine. ๐ท Key Business Takeaway: โช๏ธ Control your ecosystem โ More control = Better customer experience = Higher profits. โช๏ธ Eliminate inefficiencies โ Cut out dependencies that create friction in your business model. โช๏ธ Think long-term โ BluSmart invests upfront to own infrastructure, ensuring they win in the long run. This is a lesson for every entrepreneur - Sometimes, the best way to innovate isnโt to "disrupt" but to build a better system from scratch. Want more deep-dive business insights like this? Subscribe to my newsletter through the link in the comments. ๐
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