The latest entrant in the app-based taxi aggregator space in the city, Wakuk Technologies, promises no surge pricing. Shoeb Ahmad Fareed, Chief Technology officer, Wakuk Technologies, said “Subscription-based model adopted by Wakuk will help drivers earn more. It is a win-win for both drivers as well as passengers.”
Wakuk hit Hyderabad market recently but the idea was sown in 2017,informed Fareed. The biggest advantage for commuters would be less waiting period and not bothering to wait for cab prices to go down during peak hours.
Wakuk has tapped into the market by already investing $72000 and since the launch 1700 plus drivers are on board.The promoters say that a driver will be able to earn anywhere between Rs 1,200 and Rs 1,300 per day.Since the launch of application, Wakuk team claims to have more than 15,000 downloads and an average of 25 rides a day.
However, there are also challenges that are faced by the company in terms of increasing availability of drivers and there are few cases of delays from the driver’s side due to rising demands of Wakuk cab services. Fareed said, “Wakuk has its reach across the city but its major presence is on the routes of Madhapur, Secunderabad and we are planning to increase our footprint in other areas too.”
A passenger, Ram, said appreciatively of Wakuk: “It is economical and the mode of payment is easy as one can pay in cash, wallet, credit, debit or by POS machine.”
With 35 people working on project right now, Wakuk is also aiming to roll on the roads of few big cities including Delhi, Kolkata, Bengaluru, Chennai and Mumbai in the period of next eight months.
-By Ayesha Abedeen