Meru Cab rolls out cheaper taxi service ‘Genie’ in Hyderabad

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Source:  http://www.livemint.com

Hyderabad: Radio taxi operator Meru Cab Co. Pvt. Ltd will test a new taxi service, ‘Genie’, offering cheaper intra-city transport aimed at mid-segment commuters in Hyderabad before rolling it out across other cities in the country.

1Genie’s fares will be lower at Rs.16 per kilometre for travel in hatchbacks compared with Meru that charges higher fares (Rs.21 per kilometre) and uses sedans.
“We are hoping autorickshaw users will migrate to this service,” said Neeraj Gupta, managing director of V-Link Fleet Solutions Pvt. Ltd, the holding company of Meru Cab.
The introduction of the hatchback service will help Meru expand its fleet and enter newer markets, Gupta said. “Because the demand for premium cars is lesser, we are not able to expand. With this we can expand the fleet,” he said on Wednesday. More info

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