inDriver, a Russian ride-hailing service available in Kenya, Tanzania and South Africa launched operations in Chandigarh, India and Kampala, Uganda, introducing price haggling for passengers in these markets.
“Until today, taxi services in Uganda did not leave any choice for locals when it came to the cost of the trip. Users were only offered to agree to the price specified in the app,” said Egor Fedorov, Chief Marketing Officer, inDriver. “We want customers and drivers to independently and directly determine the fair and favorable price of each trip. Already today, residents of Kampala, using inDriver, will be able to make sure that the cost of travel can be significantly lower than the usual prices,” he said.
Claiming to be used by 14 million people across 160 international cities, inRide is present in the U.S. market as well but its major difference from its competitors is its inDriver’s Real Time Deals (RTD) model which brings power back to the people and to the drivers by allowing them to agree on favourable fares.
inDriver believes that its unique business model will significantly enhance ride-hailing access in Uganda and provide provides affordable and efficient service to passengers in the city with fair compensation to drivers, and the opportunity to preview routes before accepting a fare.
For at least the first six months of operation, inDriver will charge drivers a zero percent commission fee, meaning they will receive the entire fare of every ride (excluding taxes, tolls, and bank fees) and a 5-8 percent commission after the six months.
Founded in Yakutsk, Siberia in 2013, inDriver has a proven profitable business model, and is now used by more than 14 million people in 160 cities across 11 countries: USA, Mexico, Colombia, Peru, Chile, Guatemala, El Salvador, Russia, Tanzania, Kazakhstan and Uzbekistan.
In February 2017, inDriver surpassed 100 million rides with 10 million Google Play installs, having doubled its downloads in just one year.
To date, inDriver has raised $15 million in funding from Leta Capital VC, including its Series B round announced earlier this year. The company is now headquartered in New York City.