Ola, Uber see growing demand for auto-rickshaws as cab supply declines

Key highlights:

• Auto-rickshaw category has become now a crucial part of the online commute booking market
• Total auto-rickshaw rides delivered by online players has increased by a massive 250%
• It now makes up 10% of the online commute booking market

While driver strikes have crippled online cab aggregators such as Uber and Ola, the players are however seeing a greater demand for auto-rickshaws. The auto-rickshaw category has grown to become now a crucial part of the online commute booking market.

While the online auto-rickshaw market has historically operated in stops and starts, the crippling driver strikes at the beginning of 2017 provided the right tipping point for this nascent category to evolve, according to a RedSeer Consulting report.

The total auto-rickshaw rides delivered by online players has increased by a massive 250% in Q3 2017.

Cab supply of Uber, Ola drop as drivers continue to leave over unfulfilled demands