Ride-hailing Apps

Bharat Taxi to roll out by January-end after successful pilot in Delhi

The cooperatives-backed ride-hailing service Bharat Taxi will be officially launched in Delhi and other cities by the end of January, following an encouraging response during its soft launch, a senior cooperation ministry official said on Thursday. The digital platform, operated by Sahakar Taxi Cooperative Ltd, was introduced in the capital on a pilot basis on December 2, 2024. "We have received a very good response for the Bharat Taxi service during the soft launch. The official launch will be done by month-end," Panjak Kumar Bansal, Additional Secretary in the Cooperation Ministry, told PTI. The service has been recording an average of 5,500 rides daily, including 4,000 from the airport and 1,500 from other locations across cab, auto and bike categories, Bansal said. More than 1.4 lakh drivers have registered on the app so far. Sahakar Taxi Cooperative Ltd is promoted by eight leading cooperative organisations -- Gujarat Co-operative Milk Marketing Federation (Amul), IFFCO, KRIB

Eversource looks to buy BluSmart for ₹800-1K cr, seeks Jaggi brothers' exit

The deal, if completed, would value BluSmart at least 60 per cent below its last known valuation

Uber launches UberOne membership offering preferential access in India

Ride-hailing app Uber on Wednesday announced the launch of UberOne, its membership programme in India that offers savings, benefits, and preferential access to the highest-rated drivers. UberOne Membership Program aims to bring savings and benefits to millions of riders across the country, the company said in a release. Announcing the roll-out of UberOne membership programme in India, the company said one of its key features is preferential access to the highest-rated drivers. "By prioritising quality and reliability, members can expect an elevated experience every time they ride with Uber, ensuring their safety and convenience," it said. Additionally, UberOne provides premium, round-the-clock customer support exclusively for members, Uber said, adding that this dedicated support team ensures quick and efficient resolution to any issue, enhancing the overall experience for riders. UberOne membership is available in two plans -- Rs 149 per month or Rs 1499 annually. "The membershi

Ride-hailing service Rapido crosses $1 billion gross merchandise value mark

Rapido, which originally started as a bike-taxi service, has grown to include cabs and auto-rickshaws in its offerings. It has also expanded its footprint to 100 new cities across India

Mulling an IPO for Ola ride-share business next year, says Bhavish Aggarwal

'Looking at synergies with EV business, will announce details soon'

Ola shuts in-car infotainment service launched in 2016 as global first

Industry sources say the service was not proving any value to the ride-hailing company

Uber says autorickshaw service 'under cloud' in Bengaluru, blames price cap

Aggregators operating in city after High Court stays a state government ban on them providing autos

Uber in India has more two- and three-wheeler ride demand than cabs

Introduced in 2019, Uber Auto and Uber Moto have seen a three-fold increase in demand after the coronavirus pandemic

Ola, Uber among most data-hungry ride-hailing apps, says report

India's Ola is the 6th most data-hungry ride-hailing app in the world, while Rapido, an Indian bike-taxi aggregator collects the least amount of information

Uber, Ola among most data hungry ride-hailing apps, says report

Popular ride-hailing platform Uber and Ola top the chart on collecting extensive information about their riders which may be used for third-party advertising, a new report has claimed.

Ride-hailing firm Ola plans IPO in first half of 2022, readies 'super app'

The firm has plans to raise up to $1 billion through an IPO

Softbank-backed Ola unveils first operating profit ahead of potential IPO

Ola, which has a majority share of India's ride-hailing market, where it competes with Uber Technologies, has a growing presence in several global markets such as Australia and Britain

SoftBank-backed Ola's COO and CFO to exit firm amid its plans to go public

Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric

BluSmart drives a green agenda, hopes to expand presence from core NCR base

BluSmart has also gone in for backward integration, creating EV charging stations or what it calls "super-hubs" that can charge almost 70-80 EVs at a time

Uber loses battle over drivers' working rights in the Netherlands

Uber said it will appeal the decision.

Ola GMV has crossed pre-pandemic levels, says CEO Bhavish Aggarwal

'Recovery from the second wave is 3 times faster. Clearly, India is up and about,' tweeted Aggarwal

Didi Global denies media report it plans to go private after $4.4 bn IPO

Shares in Didi, which jumped as much as 40% to $12.42 in premarket trading after the report, pared gains after trading opened on Wall Street.

Didi Chuxing says app takedown may adversely impact revenue in China

China's biggest ride-hailing firm Didi Global Inc said on Sunday removal of its 'DiDi Chuxing' app from smartphone app stores in China is expected to have an adverse impact on its revenue in China

Gojek to merge with Tokopedia to create $18-bn Indonesia tech giant

The combined entity may seek to go public.

Ride-hailing in India bounces back to 63% of pre-Covid levels: Report

With the impact of Covid-19, the sector saw a significant drop in usage last year as offices began remote work culture and most of the educational and other places closed for months