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Cabsguru raises angel funding; launches a bot to book cab rides

Cabsguru, a cab search, comparison and booking platform, has raised an undisclosed amount of angel funding led by Prashanth Ranganathan, founder and CEO of Paysense. Cabsguru will use the funding to strengthen its product. The company, which was founded by Vikash Singh and Pulkit Ahuja in 2014, has also launched a cab booking bot called Robocab within its app. Ahuja said that Robocab can handle the app-juggling users have to make when looking for a cab and not finding it from one provider. The bot provides results based on time, cab operator, cab type and surge pricing. According to its press statement, the company is working on building a data gathering and analytics engine to predict a user’s impulse preference for road travel (including bike taxis, self drive cars and cabs). It claims to have 120,000 organic users and handles over a 100,000 cab search, comparison and booking queries monthly. The Android app operates in 75 cities, including Delhi, Mumbai, Chennai, Bangalore, Hyderabad, Pune, and provides a single search for cabs from Ola, TaxiForSure, Meru, Easy Cabs, Mega Cabs, Yo Cabs and Tab Cab among others, conspicuously leaving out Uber. Its advisory board includes INSEAD Angels Dharmendra Yashovardhan, former cofounder of ixigo, Rishab Malik, cofounder of droom and Devneet Bajaj, founder and CEO of MITRA. Interestingly, A Quora user pointed that Cabsguru is apparently “hacking into these websites to book a cab”, to which Singh replied that he wouldn’t be able to give a direct answer, but added that it…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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