Bookmycab buys Hyd-based firm

Launches its taxi services in the city with a fleet of 100 cabs

Hyderabad: Bookmycab.com, the Mumbai’s leading call taxi service, on Tuesday said it acquired the city-based Cabonclick.com, also an online taxi booking service provider, for an undisclosed sum. The company also launched its cab services in the city with an initial fleet of 100 cars.

"The acquisition is a part of our overall strategy to roll out Bookmycab across the country in 2014-15. Cabonclick.com and Bookmycab.com have complementary strengths and we are confident that consolidation is the way to grow strategically in the e-com space in India,” Avinash Gupta, CEO, Bookmycab.com, told media here.

The company selected Hyderabad as the first market to enter South India in the wake of its services receiving fantastic response during the testing period. “We are confident that passengers in Hyderabad will enjoy the seamless and convenient experience offered by us in Mumbai and Kolkata,” Gupta added.

To mark its foray into the city, Bookmycab has announced an introductory offer of Rs 399 for airport pick-up and drop from any location in Hyderabad. This offer will be valid for fortnight and will be applicable for all customers on their first booking through the company’s app.