Reliance Industries expected to enter cab on demand market later this year

Reliance wouldnt start from scratch.

They would simply take over Ola OR Meru OR similar company.
 
do you really need buy a company when you just have to launch an app and enroll drivers who already have their own cars? uber and ola does finance cars but the number is likely to be minimal. even in this case, i doubt they can force the driver to use their own platform exclusively.

meru i believe has their own cars but their business model is completely different from ola/uber which means that buying them to compete with ola/uber would not be a logical step.
 
Ready app and ready drivers - when you have tons of cash, is much better option.

You also reduce 1 competing company! (the one you took over!)

Developing is app is not easy and then marketing it and hiring drivers etc will take longer time.

So if they really want to start soon - take over is easiest option.
 
actually there were some drivers in hyd who claimed that reliance would be launching taxi app. This was ~1 year ago. I thought they were kidding but few people on reddit india from other cities too confirmed the same.
 

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