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In recent years, with the progress and development of information technology, the smartphone is playing a vital role in daily life.Different kinds of apps in the smartphones change the ways of life in many ways.Taxi calling app, which is known as call taxi app, is one of the most popular and revolutionary kinds among them.
They can fix their locations by GPS or typing in the target location, by which drivers can easily reach them.
Passengers have better consumer experience using a taxi app and taxi drivers can benefit from getting more business as well.Mega Cabs and Fast Track Taxi started out in 2001 itself with small fleets.
The market, however, started seeing traction only from 2006 onwards when the likes of Meru Cabs, Easy Cabs and Savaari came up.
This was characterized by high capital costs to the company – car loan EMI’s, high maintenance costs.
While this model facilitated rapid expansion, it also came at a huge cost.