We gave up our corporate jobs and started our first venture together of serviced apartments (Suites Homes), in Lucknow and later on expanded to Indore and Kolkata. Our focus were the Tier-II towns when we decided to launch the first Radio-Cab service in Lucknow in 2013 and now have 100 taxis in operation in Lucknow.
Not only have we broken even but have also been approached by some large players to sell out.
While in this business of Radio-cabs and observing the Taxi Market in general, it struck us that while the Taxi Hailing Apps are successfully organizing and transforming the intra-city commuters' market (to the extent of obviating the necessity of owning a car), the much larger inter-city Taxi Market is a goldmine if only the operational and human complexities can be simplified.
We have come up with a simple solution (which behaves much the same way as the World Wide Web) that will completely disrupt and transform the Taxi Market. Simple because it does not involve any complex & costly acquisitions, does not require changing habits, does not involve investment by taxi operators, booking agents, market not restricted to the mobile-savvy etc.