Reliance Jio Next mission to enter taxi space with own app-based service to take on Uber, Ola

Reliance Jio Next mission to enter taxi space with own app-based service to take on Uber, Ola

Reliance Jio has already reserved around 600 cars for its own fleet from manufacturers like Mahindra and Hyundai to start out the service.The service is probably going to be begin in bangalore and chennai at first, followed by similar launch in Delhi and Bombay. subsequently may be be|is also} in northern a part of India also.

NEW DELHI: Mukesh Ambani-led Reliance Jio, the 4G telecommunication operator is currently aiming to obtrude upon the taxi space with the launch of AN app-based taxi service, Reliance Jio Cabs. The service is probably going to be launched as early as this year.

Reliance Jio, that started business operations on september five last year, has been providing free knowledge and voice services to its over one hundred million customers. The telephone service can begin charging its customers starting Apr 1, 2017.

According to a factor Daily report, Jio has already ordered some 600 cars for its own fleet from manufacturers like Mahindra and Hyundai to kickstart the service. The service is probably going to be launched in bangalore and chennai at first, followed by similar launch in Delhi and Mumbai.

The telephone company is expected to compete within the taxi service phase with aggressive evaluation.

Jio has also roped in consulting firm E&Y to come up with pricing strategies that align with Reliance Industries Chairman Ambani’s plans to “go all out to get market share,” a source told the publication.

Interestingly, Reliance Jio earlier this month inked a strategic partnership with Uber for the roll out of Jio Money, the PPI Wallet, as one of the payment options for the latter’s services in India.

Under the deal, Jio Money users will be able to request and pay for their Uber rides from within the Jio Money application, the telecom operator said.

The partnership will give a major boost to cash-free payments in India and provide mobility options to millions of Jio users.

Reliance Jio is also planning to enter automobile telematics with the launch of a car connected device, which was developed by the telco itself.

The device will control vehicle’s movement and alert owner about fuel and battery through a mobile app, besides providing WiFi service among others.

ET earlier reported that Jio was in advanced talks with automobile companies to launch the device, which will be launched at around Rs 2,000 in coming months, and it is working on modalities on its sales model for existing cars as well. The hardware device will be initially imported from China, but the vendor has been asked to start making it in India after initial roll-out.

 

Source –  Internet and Factor Daily

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