"GR8 Techno Solutions" and BOBO Taxi has partnered to launch an app-based ecommerce’s mode payment taxi service in the month of July 2019.
Indian taxi market stood at around $ 6.4 billion in 2016, and is forecast to grow at a CAGR of 13.7% during 2017 – 2022, to reach $ 14.3 billion
Surging demand for taxi services in India can be attributed to changing lifestyles of travellers and increasing disposable income of consumers, especially in Tier-I and Tier-II cities. The market is witnessing increasing traction as taxis offer hassle free travel experience to customers in addition to various other tangible and intangible offerings such as booking convenience through mobile applications, air conditioning, educated and skilled drivers, multiple payment options, 24×7 customer support, electronic fare meters, GPS enabled vehicles, etc
The company will also have ‘BOBO M - Pay’ feature for the drivers and consumers,
for them to easily pay for their usage.