Reliance is not foraying into UBER / OLA competing taxi service, clarified Mr. Rohit Bansal who heads group communications at Reliance Industries Limited. Several reputed news publications had recently published a rumor that Reliance is getting into cab booking service as 'Jio Cabs' and it quickly became a sensation. Though taxi business is not directly related to what Jio offers, it was believed that Reliance would launch an app similar to the ones from Ola and Uber to allow Jio users book a cab.


It was also rumored that Jio had bought about 600 cars from auto makers Mahindra and Hyundai to launch the service in Bangalore and Chennai first followed by other metro cities. Many expected 'free rides' for 6 months with Jio Cabs. However, Mr. Bansal's tweet clarified that all these updates were 'Wrong and Denied'. We've embedded Mr. Bansal's tweet below -

Reliance had not commented on the rumors. The company will not venture into unrelated businesses, informed the company. It's however worth noting that Jio has already signed a deal with Uber to allow customers to pay for the rides using Jio Money app. The partnership will also allow JioMoney users to request rides from within the app.

Are you disappointed that Reliance Jio Cabs was a hoax? Let us know.