IT Minds

While only a few states provide for commercial bike-taxi licenses, the lack of clarity on regulations is not the only reason for these failures. Bike taxis are popular in Indonesia and Thailand, where they weave through traffic jams to get people around in a fraction of the time a cab takes. But in India, bike taxis are finding it tough. Most of the players in major markets like Bengaluru and Gurugram, that started over the past few years, have shut down. While only a few states provide for commercial bike-taxi licenses, the lack of clarity on regulations is not the only reason for these failures. The poorly funded local players have not been able to match the heavy subsidies to customers and drivers by players like Uber and Ola, which makes them unattractive to both segments. Also, the market itself does not appear to be growing rapidly , probably the reason why Uber and Ola too do not seem to be taking the segment seriously . Haryana provides a commercial bike taxi lice