Meru

NCLAT issues notice to CCI, Uber in Meru's appeal alleging anti-competitive practices

Despite Meru's appeal having been filed in October 2021, the NCLAT issued notice in the case in October 2023.

Supreme Court agrees to hear Meru's appeal in Ola 'predatory pricing' case

NCLAT had in January upheld CCI's finding which said Ola was not in a dominant position to abuse its position in Bengaluru as claimed by Meru

Meru in ‘advanced talks’ for stake sale to Japan’s Orix Auto: Report

Meru’s EV plans include creating infrastructure to operate 300 EVs across India with goal of expanding to 10,000

MakeMyTrip partners with Meru to offer sanitised cab services at major airports

Some of the safety procedures include ozone sanitisation inside the cab, Isopropyl Alcohol (IPA) sanitization of the cab's exteriors, temperature check of the driver-partner at the designated sanitisation hubs at the airports.

Mahindra & Mahindra acquires 36.63% stake in Meru

Earlier in February, the company ventured into the shared mobility space with the launch of Glyd.

Shared Mobility | Can Meru help M&M build its service vertical strong enough?

M&M started tapping the services space earlier this year, probably because it realized selling cars may not be enough to sustain growth. The Meru deal is a big leap in that front.

Why these are taxing times for the Taxi Industry in India

Traditionally, in India, the taxi Industry has been predominantly an unorganised sector. The founder of Meru Cabs talks about why cab aggregators are destroying taxi market and causing traffic on Indian roads by dumping capital.

Meru slashes radio taxi fares to Rs 16/km in Delhi-NCR

The fares have come down from the existing government approved rates of Rs 23 per km for day time and Rs 28.75 per km during night time rides.

Uber tastes major success in India; registers five-fold growth

India is the largest market for Uber outside the United States and accounts for 12 percent of all trips globally.

Ride-hailing firms welcome liberal Indian taxi policy blueprint

Leading ride-hailing firms have praised an Indian policy blueprint on regulating the taxi industry, saying it would offer their app-based services a chance to flourish despite their concerns about price caps.

Fund influx for Paytm from investor Alibaba turns Mobikwik sour

Indian start-ups are going on a warpath against their multi-national rivals. While taxi sharing platforms Ola and Meru have launched an attack on Uber asking the government to curb "capital dumping" from foreign players, e-wallet firm Mobikwik has launched a blistering attack on its rival Paytm which is funded by China's Alibaba.

Predatory pricing detrimental but we react to competition: Ola

There have been allegations that aggregators like Uber and Ola indulge in "predatory pricing" as they are backed by investor money.

Black & yellow cabs take fight to Ola, Uber and how

While different state governments have promised them that app-assisted cab aggregators will be better regulated, kaali-peelis (black-and-yellow cabs) have taken things into their hands. At least in Mumbai, which has over 40,000 kaali peelis, they aren't sitting tight.

Meru tears into Uber for 'breaking' local laws

Joining the war of words, home-grown radio taxi operator Meru has hit out at Uber, accusing the US-based firm of breaking local laws and putting pressure on regulators to change the laws

Karnataka rules regressive, impossible to comply: Uber

Uber had written a letter to state Transport Minister Ramalinga Reddy, saying a few mandatory clauses like keeping a fleet of a minimum of 100 taxis, generating printed receipts and capping of charges are "unfortunately redundant and similar to the radio taxi scheme introduced by Karnataka way back in 1998".

Meru targets Rs 850 cr revenue in 2016-17

The company, which returned to profits in December quarter of the previous fiscal after a gap of almost 1.5 years, clocked a revenue of about Rs 600 crore in 2015-16.

CCI rejects complaints of unfair practices against Ola, Uber

Separate complaints were filed by rivals Mega Cabs and Meru alleging that Ola and Uber indulged in unfair practices such as predatory pricing, which is hurting their businesses.

Meru aims to be $ 1 bn firm by 2022

Meru, operates taxi services in 23 cities, has a revenue of USD 120 million (Rs 730 crore) with a consumer base of 10 million. The company is planning to expand its network to 45 cities by adding more tier-II cities such as Patna, Bareilly, Bhopal etc.