END of Ola and Uber? We need to see if big fish will eat small fish or small fish will give tough fight. However, time will tell that who is big fish or small fish.
Ratan Tata and Mukesh Ambani have joined hands with a startup (BluSmart) to transform India's public transportation system.
BluSmart is India's first electric taxi company. The company's 600+ electric vehicle fleet now runs only in Delhi, NCR.
Taxi rental companies Uber and Ola revolutionized the way we commute.
But now, complaints about Uber and Ola's bad customer service are at an all-time high. And we are all sick of their surge pricing and cancellations.
When compared to Ola and Uber, this startup promises to be at least 30% cheaper. The company intends to expand to other Indian cities.
Last year, Tata Motors agreed to supply BluSmart with 3,500 electric vehicles. It has also collaborated with Jio-BP, a joint venture between Reliance Industries and British Petroleum, to build smart charging stations across India.
British Petroleum has invested $13 million in BluSmart, providing the company with the financial strength to compete with Ola and Uber in India.
BluSmart's mission is to provide reliable, zero-ride denials, zero surges, zero-emission, affordable, and sustainable mobility.
This indeed is disruptive entreprenurship and the need of the hour too.
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