Here's How Startups Like Meru, Olacabs, Taxiforsure Are Driving Change


BANGALORE: Till some time back, taxi drivers used to rely on middlemen or some call centers to get jobs. Many a times, their earnings would be looted or delayed by weeks and months, leaving them in dismal state. But these situations are changing, taxi drivers are now getting their earnings credited to their bank accounts without much delay and thanks to taxi aggregator start-ups like Taxiforsure, Ola and others.

So going by the money these start-ups have made in the past 12 months, here are five start-ups that are changing the booming taxi business in India, as reported by ET.

Uber India

Business Model: Aggregator

Number of cities covered: 10

Number of employees: 35

USP: Cashless payments; booking only via app

Uber’s entry has undoubtedly changed the game of the taxi business in India. By raising a whopping $1.2 billion at an astonishing $18Bn valuation, Uber not only became popular but also went on to become the fastest-growing business and also the largest start-up in the mobile era.

Although Uber launched its India service on December 2013, has gained considerable ground and positioned itself as a premium service provider. And along the way it has also its own fan following in India.

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