Can't find a cab on Ola and Uber these days? Try Jugnoo Cab then

The super convenient days of travel for Delhi citizens are going through a major crisis. A few drivers of Ola and Uber are on strike as the app based cab aggregators have changed their strategy and decreased incentives of the drivers. Taking advantage of the hullabaloo, auto rickshaw aggregator Jugnoo has forayed in the business of cab aggregation.

Jugnoo has started its cab operations in Gurugram as a pilot and aims to expand throughout Delhi NCR soon. The auto rickshaw aggregator has already expanded its business in hyper local segments like food and grocery. .

"We at Jugnoo saw a vaccum in the taxi aggregation business. We analysed the issues faced by taxi drivers off late and have come up with a strategy to provide taxi services at prices where drivers do not work at artificially lower rates than their costs. It's a capitalist world where we have to manage expectations of both the customers and drivers together. At the moment, the existing players have not been able to balance this and therefore, we intend to fill in the gaps," Chinmay Agarwal, Co-founder and COO, of Jugnoo told the press.
The Chandigarh headquartered company was looking for an apt opportunity to enter the cab market. However the fares of Jugnoo would be higher than Ola and Uber.

SoCoMo Technologies Pvt. Ltd, which operates Jugnoo, had raised $10 million in Series B funding from Paytm (One97 Communications Pvt. Ltd) recently.