Boon or Bane!
Want to go somewhere? Hate public transport? Don't want to haggle prices? Simply tap on your smartphone and a genie will appear with a car! Convenient modes of payment, air-conditioned rides, and the feeling of being wee-bit more superior and sophisticated. Sounds familiar?! That's the radio cab services for you. They entered the Indian market a few years ago and their immense popularity in the major cities cannot be more pronounced. Everyone with a basic smartphone has access to them. Be it referral amount, free rides, adhoc discounts or half the running km cost of Auto-rickshaws. These radio cab operators are doling out perks to attract more and more customers. I once had a word with a cab driver and they're paid anywhere between Rs. 18-25 per km. by the operators. And they charge us anywhere between "completely free" to Rs. 15 per km. Ever wondered how on earth are they making profit? Yes! They're not. In fact they're making heavy losses. As per Ec