homevideos Newsauto NewsStartup Street: A look at how the new motor vehicle aggregator guidelines will impact cab aggregators
Startup Street: A look at how the new motor vehicle aggregator guidelines will impact cab aggregators
The Transport Ministry issued guidelines to motor vehicle aggregators under which a cap has been imposed on driver fees on platforms such as Ola and Uber at 20 percent of the fare for each ride.
The Transport Ministry issued guidelines to motor vehicle aggregators under which a cap has been imposed on driver fees on platforms such as Ola and Uber at 20 percent of the fare for each ride. The aggregators will be allowed to charge a fare 50 percent lower than the base fare and a maximum surge pricing of 1.5 times the base fare. CNBC-TV18 spoke to Ujjwal Chaudhry, Associate Partner at Redseer to understand the implications of the new guidelines.
Vegan beauty brand Plum has raised Rs 110 crore in a series B funding round led by Faering Capital. CEO and founder of Plum Shankar Prasad speaks to CNBC-TV18 about the fund raised.
Also watch Deepak Jain, co-founder of FlexiLoans.com talk about their growth outlook. Lastly, in the special segment "Elevator Pitch", take a look at Bank Open, a startup which is solving business banking challenges faced by SMEs and startups by offering a platform which helps them automate and run their finances seamlessly.
(Edited by : Jerome Anthony)
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