Bike Taxi are popular in Indonesia and Thailand, where they weave
through traffic jams to get people around in a fraction of the time a
cab takes.
But in India, bike taxis are finding it tough. Most
of the players in major markets like Bengaluru and Gurugram, that
started over the past few years, have shut down.
While only a
few states provide for commercial bike-taxi licenses, the lack of
clarity on regulations is not the only reason for these failures.
The poorly funded local players have not been able to match the heavy subsidies to customers and drivers by players like UBER and Ola, which makes them unattractive to both segments.
Complete Article https://tech.economictimes.indiatimes.com/news/startups/most-bike-taxi-services-have-shut-operations-in-india/57784966
Please do check if BIKE BOT has approval to run the BIKE taxi as BAXI has
