Olacabs To Launch Premium Business-car Services In Delhi, Bangalore

Taxi aggregator Olacabs will launch its premium business-car services in Delhi and Bangalore in order to cater to the rising demand for luxury cars in the $6-billion market for car-rental services.

Olacabs is already piloting this business in Mumbai with a fleet of about 500 cars. "We intend to launch services full-fledged in Mumbai, Bangalore and Delhi to begin with and take it to other cities over time," said Anand Subramanian, head of corporate communication.

Taxi hailing app Uber, too, last year launched its higher-priced luxury-car service UberBLACK. The startup, backed by big companies like Goldman Sachs and Google Ventures, calls India its largest market outside the US.

Without revealing the details of fares, Subramanian said there would be a slight premium over the economy sedan category that it currently offers. The business-car segment would include Mercedes, BMW, Toyota Camry and Honda Civic among others.
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