How bike-taxis are gradually gaining rider confidence

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Technology, Business Services

Technology and Business Services

How bike-taxis are gradually gaining rider confidence

25 Nov 2019

1 min read

Currently, the market consists of three players including Ola Bike, UberMoto, and Rapido.

However, the biggest challenge for these players is the rising competition from two-wheeler rental services, which also have been scaling up of late.

Aryaman Tandon, director, Praxis Global Alliance, says “Two-wheeler rental services are perceived to be safer by many consumers, and are also 50% cheaper compared to bike taxis.” The average price per km charged by a two-wheeler rental service is `6-7, whereas, for bike taxis, this would be around `10-12.”

Featured Leader: Aryaman Tandon

This article was originally published on Financial Express. Read more.

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How bike-taxis are gradually gaining rider confidence | PraxisGA