Arun Kumar

There is a new player in the taxi app market called the Yellow Cab introduced by Pittsburgh Transportation Group. The app is officially going to be launched on April 01, 2015 as stated by company President Jamie Campolongo.

Arun Kumar

Owning a taxi business can be attractive and profitable at the same time, it is important to keep an eye on the laws and procedures that govern it. Otherwise, it might lead to fines and penalties. Each city or state has its own rules and regulations for driving taxis and operating the taxi business.

Arun Kumar

Indian taxi market is estimated to be around $8 billion in which 5% is under organized sector, and others are wide open in the market. It is being projected that in the next 5 years, organized players such as Uber, Meru and Ola will capture 15% of this market, which is growing at an astounding rate of 45% per year.

Arun Kumar

What is radio taxi?

Radio taxi is a taxi that operates through radio signals. When a customer calls up the helpline number of the radio taxi, the operator communicates with chauffeur (driver) via radio signals to locate the nearest taxi. The taxi reaches the customer as required at the specific place and time.
The demand for radio taxis have become higher because of uncomfortable public transport system and to keep pace with the metro city, the need for radio taxis is recognized.

Arun Kumar

Both Uber and Lyft are becoming giant ride share companies since launched their services over many countries across the world. They are stumbling the taxi business by allowing people to hail taxis over smart phone application. Here is the discrepancy between Uber and Lyft.