Kahini Chakraborty – Mumbai
New Delhi-based car rental company mytaxiindia.com aims to have its own taxi outlets at all airports and more than 300 railway stations in India in the next five years. Targeting to reach 12.5 million customers worldwide, the company plans to start operations in the European market. Presently the company operates with a fleet of more than 7700 car inventory across India. The company is targeting B2B clients and providing them a platform where they can book taxis in more than 100 cities without making calls to multiple taxi operators. Speaking to Express TravelWorld, Anshuman Mihir, CEO and founder, Mytaxiindia.com informed, “Our plan includes reaching and meeting the challenges posed by the toughest travel destinations in any remote place in India. Our aim is to reach every corner of India as IRCTC does. In the future the company will open its own taxi outlets in all cities and deliver high quality services to passenger which they get in metro cities. We want to bring mytaxiindia.com to a global platform. Passengers around the globe do not need to spend time on different platforms to book taxi even if they are travelling out of their own country. Time is money and we save it for our customers.”
In 2011 the company recieved a seed fund and in this current fiscal it is looking at reaching a turnover of Rs 40 crore. “We prefer to not invest our money in purchasing cars. We have invested in technology to meet the demand with supply,” he added.
The company has also started ‘taxi and hotel’ booking in 25 cities and has received encouraging response. By the end of this year this service is expected to be available in 100 cities. When asked about the business revenue growth, he said, “Last two quarters the growth rate has been around 22 per cent. At the end of this year we will add more than 15 cities in our network. Also, we will be confirming on funds raised in the coming months.”
