Bharat Taxi: Government-backed Bharat Taxi has expanded its presence in the Indian market,posing a significant challenge to the dominance of private cab companies. Cooperative Minister Amit Shah informed the Rajya Sabha that this platform is successfully competing with established companies like Ola and Uber and gaining incredible popularity among drivers. With over 4.31 lakh driver-partners…
Moving Tech Innovations (MTI) announces acquisition of Netherlands-based mobility firm Automicle Holding BV, on Thursday, March 26, 2026 in Bengaluru. On the acquisition the company said that as Urban mobility remains unsolved across cities globally the mobility technology company is taking its zero-commission, community-led mobility model to Europe to address these challenges and to empower…
Alibaba has introduced the Qwen 3.5 Small Model Series, a new generation of artificial intelligence models built to combine high performance with efficient computing. The announcement signals China’s continued push to compete with leading AI technologies developed by companies such as OpenAI and Google. Unlike many large AI systems that require massive computing infrastructure, Alibaba’s…
Last Updated:February 26, 2026, 15:12 IST Amit Shah launches Bharat Taxi, letting cab and auto drivers become co-owners with Rs 500 investment, promising profit sharing and minimum base rate. Bharat Taxi drivers will be able to purchase shares worth Rs 500 to become co-owners. Union Cooperation Minister Amit Shah on Monday outlined how cab and…
Last Updated:February 25, 2026, 11:24 IST Union Minister Amit Shah has launched Bharat Taxi, a new cooperative ride-hailing service where drivers will receive 80% of the profits and can also become co-owners. The initiative aims to protect driver earnings and give them a direct share in the business.(Photo Credit: Representative Image) Union Cooperation Minister Amit…
India has launched a government-backed ride-hailing platform, Bharat Taxi, aimed at challenging market leaders Uber and Ola. Announced by Union Home and Cooperation Minister Amit Shah, the service will operate under a cooperative model, allowing drivers to become shareholders by contributing ₹500 and receive a share of profits after three years. Unlike existing platforms, Bharat…
The Government of India has launched Bharat Taxi, the nation’s first ride-hailing platform operated under a cooperative model, setting it apart from conventional app-based services such as Uber, Ola, and Rapido. All you need to know about Bharat Taxi Bharat Taxi empowers its drivers, known as Sarathis, through a zero-commission model, enabling them to retain…
Expanding on the rationale behind the initiative, Shah said, “The concept is that the one who is working hard, the one who is toiling, should get the profit, not some rich man. Why did we come up with the idea of Bharat Taxi? You said that there were a lot of complaints, 30% was deducted,…
Union Cooperation Minister Amit Shah on Monday launched Bharat Taxi, a cooperative ride-hailing platform that promises drivers a share in profits and ownership of the service. Speaking at a town hall with cab and auto drivers from Delhi-NCR and Gujarat, Shah said the platform would distribute 80% of its profits to drivers based on kilometres…
Bharat Taxi takes on aggregators with zero-commission, driver-owned model; national rollout by 2029 Times of India Source link