App Based Taxi Services Heats up In India

Taxi Hailing
These days app based taxi service intensifies taxi business in India which creates gigantic rivalry among cab aggregator giants Ola cabs, Meru cabs & Uber. The growing competition made one of the old taxi service Meru cabs to revamp it’s mobile app to compete with revel company. After the giant taxi aggregator uber’s entry, Taxi business are heats up in India.

To beat Google venture backed cab aggregator, an Indian based taxi companies are refurbishing its mobile application and also aggressively expanding their services in several cities. Every month aggregators are adding 30% of new vehicles in their network since they all reliable transportation options.
Radio taxi operator Meru cab has announced its integration with Google Map as well refurbished mobile application. Rathin Lahiri, The Chief Marketing Officer, Meru Cabs said “Its is always our aim to bring new solutions and implementing latest technology to make people more convenient with it. This integration will certainly bring people to hail cabs on nearby location as well as passenger can go can booking over smart phone application rather than make a call. “
Few weeks before Meru cab has launched a new mobile app with distinguished features like one tap taxi booking, tracking & schedule booking up to 7 days. The passenger can go with flexible payment modes with either debit, credit card nor app wallet. A month ago, Ola cabs acquisition on Taxi for sure has induced huge competition among app based taxi booking service which also reports Us based taxi aggregator Uber is now looking to acquire Meru cabs. This acquisition may bring about a stake sale by India Value Fund and part of it could also be through fresh equity issuance to impart cash into Meru Cabs.

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