Cab operators cash in on odd-even fortnight

Thanks to Delhi's odd-even experiment, which came to an end on Friday, the first 15 days of 2016 have been great for cab aggregators and radio taxi operators. Companies such as Meru Cabs, Uber, Ola Cabs and Jugnoo not only saw a sharp rise in ridership, their new initiatives such as car pooling and ride sharing found many takers.

Uber says demand across categories rose in double digits. It launched UberPool, a service that clubs people travelling in the same direction, offering up to 30 per cent cheaper shared riders.

"We have witnessed a significant increase in demand - almost in double digits - across various categories over the last few days in Delhi-NCR. Since the launch of Uber's car pooling initiative, we have seen a steadfast rise in number of people opting in car pool so much so that our match rates between passengers who are requesting a ride while going in the same direction, at the same time has touched over 50 per cent in such a short period of time. We are optimistic that people will continue to carpool on Uber even after the odd-even experiment," said a spokesperson of Uber.