Sahil Arora
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, you know, you can buy stuff.
on that tablet you can you know make purchases on that tablet you can you know use that tablet to do transactions transactions as in you know for mobile wallets you can do transactions so we are also tied up with this company which which provides magnetic card strips you know so card strips so basically you can swipe your debit or your credit card in that tablet and you make purchases from that that's something which we're planning on doing right now so hill what do you pay to put your hardware in each taxi do you pay the taxi driver the taxi company at all
Yeah, so we do have a rev share model with the cab aggregator on an annual basis.
So we share around 15% of our revenues with the aggregator directly.
Yeah, one five on an annual basis.
Yeah, yeah.
So close to around $550,000.
Uh-huh.
So, yeah.
So, you know, an average ride time here is somewhere around 10 to 15 minutes, keeping the traffic and everything in mind.
So the average ride time which we see right now in India is somewhere between the lowest I'm talking about is 9 to 10 minutes.
That's the lowest time which we get in India for any ride, you know, for any trip.
That's more than enough for us.
And that's the average we see.
So we haven't seen any ride time which is below that, you know.
Yes, basically.
So what I do is, you know, every revenue that I get, I find more tablets with it.
So basically what I do is all the revenue that comes in, I buy more hardware for it so that I get my presence in more and more cabs.
That's how we keep growing the business.
So, you know, when I started off with this, I had around 500 cabs with me and then we started making revenues from those 500 cabs and we installed, you know, 1500 cabs.