This document summarizes the evolution and current state of the taxi services market in India. It discusses how Ola, Uber, and Meru emerged as major players between 2007-2015, with Ola now holding the largest market share at 80%. It outlines the business models of aggregating private taxis and charging commissions. Regulatory compliance and safety issues are noted as ongoing challenges, as well as maintaining driver quality and supply. The future is predicted to include more competitive pricing, convenience, and global interest driving further growth of the organized taxi market in India.
Providing Ola Financial snapshot along with foundation date and founder name. Mentioning key facts like number of employees, number of drivers, number of cities covered, number of rides in a day, cash burn rate.
Giving a brief intro of Ola team
Till date acquisition and sub-organization done by Ola and detailed rounds of funding (mentioning the date, transaction type, money raised, investors)
Providing detailed info on types of fleets run by Ola mentioning the rates.
Illustrating how ola corporate works.
it is research in comparative study of OLA and JGUNOO in INDORE lesion about consumer preference for cab services . this research is performed by MBA student MR. Deepak saraf, Balendre Kushwaha, Ateet Bisen, Deepak Farakiya, and Ayusha joishi
India is witnessing rapid growth in the registration of two-wheeler. Owing to mobility demand, the concept of bike taxi is gaining popularity in India.
Taxi permit structure is a complicated thing in India. It is important to understand the jurisdiction of different Taxi Permits - Radio Taxi, Economy Radio Taxi, Local Taxi, Tourist Taxi and Rent-a-Cab.
Check out the detail to understand the same.
Outsourcing Bus Operations - How to make it Financially SustainableValoriser Consultants
Public Transport can not be sustainable without the government support. In Europe, Bus Transport is highly subsidized. However, India is still trying to find out the best solution for the bus transport in the cities. There is need to identify alternative revenue sources for the bus transport. The presentation highlights the existing contracting options in India.
Providing Ola Financial snapshot along with foundation date and founder name. Mentioning key facts like number of employees, number of drivers, number of cities covered, number of rides in a day, cash burn rate.
Giving a brief intro of Ola team
Till date acquisition and sub-organization done by Ola and detailed rounds of funding (mentioning the date, transaction type, money raised, investors)
Providing detailed info on types of fleets run by Ola mentioning the rates.
Illustrating how ola corporate works.
it is research in comparative study of OLA and JGUNOO in INDORE lesion about consumer preference for cab services . this research is performed by MBA student MR. Deepak saraf, Balendre Kushwaha, Ateet Bisen, Deepak Farakiya, and Ayusha joishi
India is witnessing rapid growth in the registration of two-wheeler. Owing to mobility demand, the concept of bike taxi is gaining popularity in India.
Taxi permit structure is a complicated thing in India. It is important to understand the jurisdiction of different Taxi Permits - Radio Taxi, Economy Radio Taxi, Local Taxi, Tourist Taxi and Rent-a-Cab.
Check out the detail to understand the same.
Outsourcing Bus Operations - How to make it Financially SustainableValoriser Consultants
Public Transport can not be sustainable without the government support. In Europe, Bus Transport is highly subsidized. However, India is still trying to find out the best solution for the bus transport in the cities. There is need to identify alternative revenue sources for the bus transport. The presentation highlights the existing contracting options in India.
The radio taxi services market in India has huge untapped opportunities. The market is growing at very rapid pace. Earlier, Radio Taxi market was dominated by players like Meru and Mega Cabs. However, with the use of technology, new players like Olacabs and Uber are entering the market.
Lithium Urban technologies provides electric cab service for corporates. The following slides contain the analysis on various aspects related to the companies daily operations.
Lyft drivers: Who can give you a ride in few minutes and take you to your des...driversedgenetwork
Lyft drivers can give you a ride in few minutes and take you to your destination comfortably. You can book the ride easily and pay online. Be a part of it and learn more about it from our official website. For that you can visit here https://driversedgenetwork.com/
P.B college is the best Automobile Engineering Colleges In Chennai. If you are interested in the automobile course, you can join and improve your knowledge.
http://pbce.in/departments/b-e-automobile/
Funded by big investors, the organized taxi market in India is growing exponentially. Going forward, what are the challenges and opportunities this market is likely to throw up?
Analysis UBER's strategy.
1. Define the problem UBER has tried to solve. (from both supplier and consumer's points of view)
2. Transportation industry(Taxi) before UBER
3. How UBER business actually works
4. Their international strategy
5. Five forces analysis
6. Challenges and suggestions
These slides use concepts from my (Jeff Funk) course entitled Biz Models for Hi-Tech Products to analyze the business model for Uber’s taxi service. Uber’s service enables anyone to provide taxi services and it provides dynamic pricing for better matching of supply and demand. Its value proposition for potential drivers is the opportunity to work as driver on their own hours. Its value proposition for user to lower taxi fares during most times of the day and a higher supply of taxis (and higher prices) during peak demand. The customers are tech-savvy and smart phone users who value their time. Uber receives payments directly from customers and keeps a percentage of these payments as its income. Uber’s patents for a demand-price algorithm represent a barrier of entry and thus a method of strategic control.
The radio taxi services market in India has huge untapped opportunities. The market is growing at very rapid pace. Earlier, Radio Taxi market was dominated by players like Meru and Mega Cabs. However, with the use of technology, new players like Olacabs and Uber are entering the market.
Lithium Urban technologies provides electric cab service for corporates. The following slides contain the analysis on various aspects related to the companies daily operations.
Lyft drivers: Who can give you a ride in few minutes and take you to your des...driversedgenetwork
Lyft drivers can give you a ride in few minutes and take you to your destination comfortably. You can book the ride easily and pay online. Be a part of it and learn more about it from our official website. For that you can visit here https://driversedgenetwork.com/
P.B college is the best Automobile Engineering Colleges In Chennai. If you are interested in the automobile course, you can join and improve your knowledge.
http://pbce.in/departments/b-e-automobile/
Funded by big investors, the organized taxi market in India is growing exponentially. Going forward, what are the challenges and opportunities this market is likely to throw up?
Analysis UBER's strategy.
1. Define the problem UBER has tried to solve. (from both supplier and consumer's points of view)
2. Transportation industry(Taxi) before UBER
3. How UBER business actually works
4. Their international strategy
5. Five forces analysis
6. Challenges and suggestions
These slides use concepts from my (Jeff Funk) course entitled Biz Models for Hi-Tech Products to analyze the business model for Uber’s taxi service. Uber’s service enables anyone to provide taxi services and it provides dynamic pricing for better matching of supply and demand. Its value proposition for potential drivers is the opportunity to work as driver on their own hours. Its value proposition for user to lower taxi fares during most times of the day and a higher supply of taxis (and higher prices) during peak demand. The customers are tech-savvy and smart phone users who value their time. Uber receives payments directly from customers and keeps a percentage of these payments as its income. Uber’s patents for a demand-price algorithm represent a barrier of entry and thus a method of strategic control.
Suzuki Motor Corporation is a Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan, which specializes in manufacturing automobiles, four-wheel drive vehicles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines.
Michio Suzuki (1887–1982) founded the Suzuki
1. Taxi services in India
Survival Of The Fittest
Presented By-
Nikhil James -15078
Kumar Vatshal -15059
Lydia Susanna- 15066
Jyothi A – 15053
George Marko -15044
2. Agenda
• Introduction
• Evolution of Cab Services in India
• Market Share & Profit After Tax
• Business Model
• Regulatory aspects
• Challenges
• Future growth of organised taxi market
3. Introduction
Founder- Bhavish Aggarwal & Ankit Bhati.
Started on 3rd Dec 2010
Active in 100 Cities
President- Amit Jain
Entered Indian Market October 2013
Active in 18 Cities
Founder- Siddhartha Pahwa
Started in April 2007
Active in 23 Cities
4. 2007 20152011
2010 2012
2009 2013
2008 2014
Meru was
established
Uber was
established
Ola was
established
-Taxiforsure was
established.
-Meru shifted to
aggregation
model.
-Ola introduced
its app.
-Uber entered
India.
-Taxiforsure
introduced its app.
-Meru introduced
its app.
- Ola introduced
autos (Oct.)
- Uber and Ola
introduced an in-app
‘SOS’ button.(Dec.)
Evolution
6. Aggregators
partner with
private taxi
drivers
Platform for
modern
technology
and bookings
Commission
charged as
per sales
Minimal
amount
charged for
technology
Compensation
paid to drivers
for low fares
Business Model
7. Regulatory aspects
• Compliance with Modified Radio Taxi Scheme
• Mandatory conversion of commercial vehicles to CNG
• Classification of drivers as ‘employees’ or
‘contractors’
• Safety issues concerned post untoward incidents
8. Challenges
• Entry of new players
• Finding quality drivers
• Screening of drivers based on track records
• Standards in enforcing policies for passengers safety
• Discounted price leads to lack of supply
9. Future Growth Of Organized Taxi
Market
• Price competitive alternative
• Increased level of customer convenience
• Popularity of aggregation leading to faster scale ups
• Global investor interest
• Entry of new players
