Reliance Industries expected to enter cab on demand market later this year

Yes, one Uber driver told me about this 7-8 months ago.
He also said that it will be as cheap as ₹6/km for the customer, and that he has already signed up for that.

The initial contracts are of 30 months, and the incentives being are offered are much better than Uber.

This is all that he told me then.
 
reliance... destroying one market after another with mediocre services. cab on demand is already so mediocre. how worse can it get with the entry of reliance.
 
Or maybe it expects to become Indian didi chuxing , bend the rules so much that uber is forced to merge with you.
 

i am just happy that it would start the price war again if true. uber prices are insane these days. i switched back to jugnoo for local travel. paid 80 rupees for a local ride that would have costed me 150 bucks on uber.
 
The link clearly says it appears to be fake.

Photo is of Mukesh Ambani. Logo is of Anil Ambani reliance group and phone number is of Ola.
 
They would probably take another couple of years before it's ready for launch 😀
 
Reliance wouldnt start from scratch.

They would simply take over Ola OR Meru OR similar company.
 
do you really need buy a company when you just have to launch an app and enroll drivers who already have their own cars? uber and ola does finance cars but the number is likely to be minimal. even in this case, i doubt they can force the driver to use their own platform exclusively.

meru i believe has their own cars but their business model is completely different from ola/uber which means that buying them to compete with ola/uber would not be a logical step.
 
Ready app and ready drivers - when you have tons of cash, is much better option.

You also reduce 1 competing company! (the one you took over!)

Developing is app is not easy and then marketing it and hiring drivers etc will take longer time.

So if they really want to start soon - take over is easiest option.
 
actually there were some drivers in hyd who claimed that reliance would be launching taxi app. This was ~1 year ago. I thought they were kidding but few people on reddit india from other cities too confirmed the same.
 

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