India launches government backed Bharat Taxi service to challenge Uber and Ola dominance
India launched Bharat Taxi to rival Uber by offering drivers profit sharing and no commissions. The cooperative service plans to go nationwide by 2028.
Insights:
The Government of India 
IN has launched Bharat Taxi, a government-backed cooperative ride-hailing service that represents a major structural intervention in the country's transportation sector. This policy-driven initiative, which is available via a mobile app, offers a unique ownership model where drivers can become shareholders for a fee of 500 rupees. Unlike traditional platforms, Bharat Taxi operates with no commissions, and participating drivers are set to receive a share of the profits after three years of operation.
IN has launched Bharat Taxi, a government-backed cooperative ride-hailing service that represents a major structural intervention in the country's transportation sector. This policy-driven initiative, which is available via a mobile app, offers a unique ownership model where drivers can become shareholders for a fee of 500 rupees. Unlike traditional platforms, Bharat Taxi operates with no commissions, and participating drivers are set to receive a share of the profits after three years of operation.
