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Kaustubh Katdare
Kaustubh Katdare • Feb 25, 2017

Reliance is NOT launching Jio taxi service

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.

Reliance-Jio-Cabs-Rumor

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.
Kamlesh Vora
Kamlesh Vora • Feb 25, 2017
In the matter of fact RIL Jio maybe come up with smart AI in their apps, which actually works for Indians better, before Facebook or Google start thinking.
Kaustubh Katdare
Kaustubh Katdare • Mar 5, 2017
Kamlesh Vora
In the matter of fact RIL Jio maybe come up with smart AI in their apps, which actually works for Indians better, before Facebook or Google start thinking.
I don't think they've any intention to enter non-data markets. I know for sure that Reliance will disrupt the DTH markets next and with Jio Fiber, it's going to eat into all the broadband networks.

'Data is the new Oil'.

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