With the booming taxi industry, the way people used to commute have changed drastically. Now people don’t hail “yellow taxis” anymore. Instead they just do few clicks on their smartphone and BOOM, taxi is waiting on their door-step. The Uber and Ola Cabs have altered the way taxis worked. Now taxis are like real-time notifications, you can book them any time anywhere, all you need is a phone with internet.
But how is this industry getting so profitable by the day? Do have a look at this infographic post to understand their growth.
Sravanthi is a pro blogger who works full-time at GrabOn. She has written for a variety of tech-related blogs in her free time.