New cab app to take on Ola and Uber in NCR

Commuters in the national capital will have more options to book cabs in future. Apart from Ola and Uber, a new cab aggregator is hitting the market. This could benefit also the commuters in terms of money if a price war takes place between these apps.

Sahil Arora, an-eighteen-year-old from Gurgaon, has launched new cab aggregator app Cabby. Arora said the company will start operations in the Delhi from tomorrow, and the app can be downloaded on Google and Apple app stores from tonight.

"We are also launching our services in Bangalore on April 10 with a bigger audience. After that we are targetting Bombay and Chennai. We will further expand in tier 2 and tier 3 cities," the PTI quoted him as saying.

Cabby will have a base fare of Rs 37.50 for 5.5 km or 20 minutes of ride, whichever is earlier. It will compete with of Ola and Uber.

Besides running cabs in the mass-end segment, Cabby said it will also offer premium service with in-cab entertainment such as beverages, eateries and tablets with internet services.

Arora said the total investment in to the venture is around Rs 10 crore but claimed there were no external investors in the company.

The USD 4 million fund for this venture was raised by selling a previous venture, he said.

Arora claimed that Cabby would also have a fleet of 500 cars driven by women for women riders to ensure safety.