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Posts Tagged ‘ bike taxi ’

Exclusive: Uber puts a pause on bike-taxi service in Faridabad

Thursday, January 5, 2017 | More »

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US-based cab-hailing firm Uber’s bike taxi service UberMOTO seems to be unavailable in Faridabad. Users have claimed that they attempted to book the service multiple times, but failed to register a ride. This week, TechCircle.in too tried booking a bike taxi on UberMOTO on three days (Tuesday, Wed...

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New taxi guidelines offer a great deal of relief to Ola, Uber

The new taxi operations guidelines prepared by the central ministry of road transport and highways provide a crucial breather for taxi aggregators Ola and Uber as they continue experimenting countless methods to achieve profitability in the fast growing cab-hailing market in India. In its report sub...

16 December, 2016 | More »

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Bike taxi app Rapido adds pooling to its offerings

In its bid to improve unit economics, bike taxi app Rapido has added bike-pooling to its offerings. The startup will now offer both bike-pooling and regular bike taxis to consumers looking to hail two-wheeler rides. The new business strategy comes in the wake of a fund raise plan. Existing investors...

12 December, 2016 | More »

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Baxi ties up with Suzuki, Bajaj and Faircent, aims to add 10,000 bikes

Gurgaon-based 74 BC Technologies Pvt. Ltd, which runs on-demand motorcycle taxi service Baxi, plans to add 10,000 two-wheelers this financial year. For this, Baxi has tied up with Fairassets Technologies which runs Faircent, a peer-to-peer (P2P) lending company, to facilitate easy loans for individu...

6 October, 2016 | More »

Vishal Kumar BM

Exclusive: Bike taxi startup Hey Bob shuts down

Hey Bob, Bengaluru’s first bike taxi startup, has shut down after failing to raise fresh funding. “Yes, it has shut down,” co-founder Vishal Kumar BM told TechCircle on Thursday. “We have not made a formal announcement yet. We met our investors and we had a long chat and we decided to move o...

15 September, 2016 | More »

Vishal Kumar BM

Exclusive: Bike taxi startup Hey Bob halts operations on fund crunch

Hey Bob, Bengaluru’s first bike taxi firm, has suspended operations barely a year after launching its services due to a shortage of funds, a co-founder told TechCircle. “We had to stop because of lack of funds. It is not that we have shut down but we have stopped operations for some time now,”...

7 September, 2016 | More »

Ola

Exclusive: Ola looks to acquire app-based bike taxi startups

Cab aggregator Ola is looking to acquire bike taxi operators in several cities, according to multiple people directly familiar with the matter, as the SoftBank-backed company aims to quickly expand in a segment that has vast growth potential in India’s traffic-choked cities. ANI Technologies Pvt. ...

11 August, 2016 | More »

Rapido

Hero’s Pawan Munjal, Google’s Anandan back bike taxi startup Rapido

Bangalore-based Roppen Transportation Services Pvt Ltd said on Tuesday it has raised an undisclosed amount in a pre-Series A round of funding from investors including Hero MotoCorp Ltd chairman Pawan Munjal and Google India managing director Rajan Anandan. People Group CEO Anupam Mittal, Smile Group...

19 April, 2016 | More »