If you want to attach your car with Ola and Uber cabs, then you have to follow down below information which can help you to start a business with these cabs companies. Starting a successful business with these cabs are much easier, all you need is just to follow down below instructions which can help you to create a successful business with these cabs companies.

The Basic Requirement to attach your Car To Any Of These Cab Companies, Follow these Simple Steps Which are Listed Below:-

You can attach a new car or a used commercial car as long as it is in good condition.
You can drive the cab yourself or hire a driver who has a commercial license.
You need ID proof, Police Verification, PAN card, UID (Aadhar Card), Bank Statement, or Driving License.
You also need to open a current account for all the transactions.
You need to apply for Income Tax and Service Tax registrations as it is mandatory to proceed and work with the cab companies.
To register yourself with either Ola or UBER, you need to contact them. Their contact details will be given below.
Ola and UBER have opened local offices in all the cities where they operate in.
To attach your car with the cab companies, you can either contact your nearest regional office, or you can directly contact their main office
After finishing your registration, you will get a representative from the cab company who will inspect your car.
After all these, you will get your new smartphone within a week with the respective cab company app featured in it.
The local office will also provide all details, necessary guidelines, and other things to get you started.

So there you have it.

These are the basic requirement to attach your car with Ola and UBER and start a business with them.

So Get, Set, and GO! Who are you waiting for? Start a business with these cab companies and make a significant amount of money.

Let us look at the top leading taxi booking company in INDIA;

OLA CABS

Of the many cab companies in India, Ola has been a hit with the Indian market. Ola is an Indian online transportation network company managed by ANI Technologies Pvt. Ltd.

The central headquarter of Ola is in Bangalore, while there are branches all over India.

Ola also has regional offices in all cities that they operate in.

Currently, Ola operates in 103 cities in India, and all these locations have regional Ola offices. Click here to find the list of all the cities that Ola operates in.

Many people are attracted to Ola and use it as their means of transportation within and outside their cities.

Passengers can travel in great comfort and safety for an affordable tariff and charge with Ola. One can book an Ola cab with great ease using the Ola app available for all online mobile users.

Also read, 10 Facts You’ve Never known About Ola

Ola has recently started taking offline bookings (via SMS) in major cities like Bangalore, Delhi, and Mumbai.

Whether it be a quick auto to get to your local market 15 mins away or a Luxury car to pick up your date; Ola provides a different type of vehicle booking based on your preference.

The different types of the cab that customers can book are:

Ola Share (Share your cab with someone else to reduce your cost)
Ola Micro
Ola Mini
Ola Prime (Sedan, Play, SUV)
Ola Autos (Auto Rickshaw)
Ola luxury
Ola Rentals (Rent a car)
Ola Outstation
Ola Shuttle.

Attach cars with ola company

Learn how to start a business with Ola Cab

As of now, there are three ways that you can start a business with Ola.

Join Ola as a partner with a Car
Join Ola as a driver
Join Ola as a Fleet Operator

1. Join Ola as a partner with a car

Attaching your car to Ola Cabs is an easy procedure.

Simply call the Ola customer care center and they will provide you with all the details and information needed to attach your car with Ola Cab.

Be sure to read all the applicable terms and conditions before attaching your car. You will also need to be conscious of the fact that different cab types have different charges and offer in all the cities.

To register with Ola Cabs:

First, you need to call your nearest regional office. You can also call the main office for the registration of your car.
You need to submit the required documents to the company.
Your car should be clean, neat, and in good condition, as you need to submit photographs of your car for the initial assessment of your car.
You will also need to bring your car to your nearest regional office where the Ola staff will audit your car and check if your car meets Ola’s standard.
Ola staff will then train you with all the guidelines and offers.
You will need to open a current Bank account
After this, you will need to sign your contract with Ola, and you will then get a new smartphone with the Ola partner app installed in it.
You can now run your car as an Ola cab in your city

2. Join Ola as a driver

For people who don’t own a car; you can opt to join Ola as a driver.

Simply call Ola customer care center and they will provide you will all the details and information needed to lease a car from Ola Cab.

To register with Ola Cabs as a driver:

You will need to submit the following documents: Valid Commercial Driver’s License (Yellow Badge), Pan Card, Aadhaar Card, Current & Permanent Address proof, Four references, and your Bank details.
You will need to pay a verification fee of INR 4000 (non-refundable) and a security deposit of INR 21,000 – INR 31,000 (refundable) depending upon the type of car you lease.
Also, depending upon the type of car you lease, you will need to pay a daily rental fee of INR 700 – INR 1150. This will be automatically deducted from your total earnings while the rest will be transferred via NEFT or Cash.
After your document verification and the transfer of the verification fee and security deposit, you will get your choice of car on lease.
You will be trained and learn all the guidelines and offers that Ola provides.
The leased car will be registered under the company’s name – Ola Fleet Technologies.
Your car service will be handled by Ola, and you can schedule your regular maintenance and repairs via the Ola partner app

3. Join Ola as a Fleet operator

For people who own multiple cars; you can attach all your cars as a fleet with Ola.

You can call your nearest Ola regional office or the main office, and you will be provided with all the information and details needed to attach your cars as a fleet with Ola.

To register with Ola as a Fleet operator

You will need to call your local Ola branch or the main office to register for Ola as a Fleet operator.
You will need to submit the required documents for you, your cars, and your drivers.
If you do not have enough drivers, Ola will assist you in finding drivers. However, Ola cannot guarantee to provide driver-partners for you
Ola staff will inspect the conditions of your car and check it meets Ola’s standards.
Ola will then train you and your drivers on the guidelines and offers that they provide. They will also train you on how to use the Ola app as a fleet operator.
Then you will need to open a current bank account. You will have to manage your driver’s salary yourself as all Ola payments will be directed to only you, i.e., a single operator account.
Upon the completion of all the processes mentioned above, you are now ready to operate your fleet and start your business with Ola.
You will receive support from Ola in managing your fleet; you will have access to an Ola operator app, from where you can access the productivity and performance of all your cars in real-time.

How much Money & Bonuses does Ola Cabs pay

The total amount of money you earn is calculated on a riding basis.

Upon completing a single ride, Ola company will take a 15% – 20% commission from the total bill amount. This calculation is calculated and deducted by the Ola app itself.

Ola also provides attractive bonuses for their business partners.

Latest Bonus Update Of Q4 2020.

Peak Hour Timing :(12 am to 2 am, and 2 pm to 12 pm are considered as peak hours)

When you get 5 bookings with minimum peak bookings of 5, you will get INR 1700 MBG.
When you get 7 bookings with minimum peak bookings of 7, you will get INR 2400 MBG.
When you get 10 bookings with minimum peak bookings of 0, you will get INR 2900 MBG.
When you get 13 bookings with minimum peak bookings of 0, you will get INR 3900 MBG.
When you get 16 bookings with minimum peak bookings of 0, you will get INR 4900 MBG.
When you get 18+ bookings with minimum peak bookings of 0, you will get INR 6400 MBG.

Bonuses On Airport Drop – Whenever you drop a customer to an airport, you will be awarded around INR 500 as a bonus.

Also read, HOW MUCH MONEY DO UBER DRIVERS MAKE in 2019?

These are the latest bonuses chart which Ola is currently giving to drivers on the completion of rides.

Note: This Bonus varies from time to time. For the exact bonuses that are available when you attach your car with Ola, Ola will give you all the details at that time.

Contact Details of OLA Cab Company for Registration:

The Contact Number of the Main Office of Ola Cabs is: (STD)-3355-3355

You can also email Ola Cabs atsupport@olacabs.com

If you have never tried Ola Cabs, you can enter the following referral code: D72VDE and get your first ride for free.

UBER CABS

Uber is the world’s largest cab company, yet they don’t own a single vehicle.

This global taxi technology company is owned by UBER Technologies inc and is currently valued at over $68 billion by The Wall Street Journal.

The central headquarter of UBER is in San Francisco, California, US and it operates in 633 cities worldwide. Currently, UBER operates in more than 30 cities in India.

Initially, UBER was limited to people who own credit cards.

Now in India, UBER has started taking cash payments after demands from the Indian public. With this mode of payment coupled with its availability in most big cities in India, Uber has now captured a strong market in India.

Upon our research on the profit you can earn by attaching yourself with a cab company, we have found out that UBER is more profitable than all other cab companies present at the moment.

UBER provides better bonuses and more daily pay than Ola; superimposing themselves as the premium cab company over other companies.

Continue reading for all the information that you require to start a cab business with UBER.

The basic requirement to attach your car with UBER is the same as Ola Cabs.

Uber provides a list of different cab types for all your commuting needs.

Whether you are traveling alone, with some friends, or your whole family; UBER has the right cab for all your different traveling requirements.

UBER provides a list of different cab types that you can hire:

UberGo (Mini)
UberX (Sedan)
UberXL (SUV)
Uber VIP (Business Class)
UberPool (Cab Sharing)
UberHIRE

Start Business With Uber Cabs

Learn how to start a business with UBER:

Similar to Ola, there are currently three ways that you can start a business with UBER:

Driver Cum Owner
Driver under Partner
Non-driving Partner.

1. To start a business with UBER as a Driver Cum Owner:

First, you need to call your nearest regional UBER office, or you can use their official website to sign up as a partner. Register Here
You will then need to submit the required documents to the company (Specified below).
Your car has to be in good condition, and you need to send pictures of your car so that UBER staff can view your car’s condition.
You will also have to take your car to the nearest Greenlight hub for inspection so that your car quality is up to its standard.
You need to open a current bank account for all your transaction and provide your banking details to the company.
The UBER staff will then give you training on how to use the app as well as the general guidelines, terms, and conditions. Make sure to read and review these before signing.
After signing a contract with UBER, you will get a new smartphone with the UBER partner app installed on it.
You can now start as an UBER cab driver in your city.

For a Driver Cum Owner, you need the following documents:

Driver’s Licence
Vehicle Registration
Vehicle Insurance
Vehicle Permit

2. To start a business with UBER as a Driver under Partner:

First, call your nearest regional UBER office or sign up with UBER as a driver from their official website. Register Here
You will then need to submit a copy of your Driver’s Licence
You will be trained by an UBER staff on how to use the app as well as the general guidelines, terms, and conditions. Ensure that you read and review these before signing.
You will need to open a current bank account and provide your banking details to the company.
You can now drive for a fleet owner as an UBER cab driver.

3. To start a business with UBER as Fleet owner:

Call your nearest regional UBER office or sign up with UBER as a fleet owner from their official website. Register Here
You will need to submit the required documents to the company (Listed below)
Your car or cars have to be in good condition and you need to send pictures of your vehicles so that UBER staff can view your car’s condition.
You will also have to take your car to the nearest Greenlight hub for inspection so that your car quality is up to its standard.
You need to open a current bank account for all your transaction and provide your banking details to the company.
The UBER staff will then give you and your driver’s training on how to use the app as well as the general guidelines, terms, and conditions. Make sure to read and review these before signing.
After signing a contract with UBER, you will get a new smartphone with the UBER partner app installed on it.
You can now start your business as an UBER fleet owner in your city.

For a non-driving partner, you need the following documents:

Driver’s License or Photo ID
Vehicle Insurance
Vehicle Registration
Vehicle Permit
Additional Documents are required by the city. Click here to know more

If you want to start a business with Uber cabs and want to attach your cars with Uber company, then you have to register from the downlink below

How much Money & Bonuses do UBER cabs pay:

UBER has a different payment model. UBER has stopped its trip incentive plan, and now they introduced the concept of BG (Business Guarantee).

The day starts at 4 am with Peak Hour timing from 7 am to 12:30 pm and 5 pm to 11 pm.

The latest incentive plan as of 2nd Quarter 2017 are as follow:

Get INR 8400 BG for INR 2360 earning
Get INR 6800 BG for INR 1980 earning
Get INR 6000 BG for INR 1750 earning
Get INR 5500 BG for INR 1140 earning
Get INR 3800 BG for INR 1220 earning
Get INR 2500 BG for INR 840 earning
Get INR 1200 BG for INR 460 earning

Also read, HOW MUCH MONEY DO UBER DRIVERS MAKE in 2019?

To calculate how much BG you can get you to need to first calculate your earning.

Your earning = Fare – (UBER Fee + Service Tax)

UBER fee refers to the 20% commission that UBER takes

Service Tax differs depending upon the state you have your business in.

So given an example of a day where I took ten trips for an actual trip amount is INR 1919.46. (the total fare I collect from my riders)

After deducting the UBER fee of 20% and Service Tax of 4.524% (in Karnataka):

My actual earning will be INR 1919.46 – 24.524% = INR 1448.73

Now comparing my earning to the incentive plan depicted above; we can see that I qualify for “Get INR 5500 BG for INR 1140 earning.”

So now my fare is INR 5500 in addition to the INR 1140 earning.

Deducting the tax mentioned above from my fare;

My actual earning will be INR 5500 – 24.542% = INR 4151.18.

From this example, you can see that provided you work 6 days a week with 7 rides per day, you can earn approximately INR 85,000 per month.

Note: This incentive plan was taken in the Q4 of 2018, the actual bonus and the incentive plan may change. For the exact bonus that you are eligible for, you will be notified by UBER staff when you sign up with them.

Also read, HOW DO UBER EATS DRIVERS GET PAID

Peak Hour Assessment

All major Taxi-apps follow a policy of peak pricing during high-demand hours. This also applies to Ola and UBER.

This means that the base fare increases considerably when there is a huge demand. The base fare can more than double in such cases.

This peak pricing is a matter of huge debate with considerable complaints from customers. However, both Ola and UBER stand by this policy as this ensures prompt cab service when you need it.

In areas where there is a surplus of demand for the cab, peak pricing acts as an incentive for drivers to drive to these high-demand areas and as a result ensure quick service.

This surge/peak pricing is a subject where you can increase your earnings by working smartly.

Taking the example mentioned above; I completed 10 rides for an actual trip amount of INR 1919.46.

Taking the average, I made INR 191.94 per trip.

However, from the total 10 trips, if I took 5 trips when there was a peak hour surge where the fare was doubled.

Then my total earnings that day changes from INR 1919.46 to INR 2879.19. This is an increase of 50% for the same amount of work.

This also enables me to get a bigger BG as I qualify for ‘Get INR 8400 BG for INR 2360 earning’

After deducting 24.542% as UBER fees and service tax; I can make a total earning of up to INR 6338.47 per day.

Quite profitable at the end of the day !!

FAQ

How much can you earn per month from the cab business?

If you complete more than 6-7 rides per day; you can easily earn more than INR 62,000 per month. This earning can further be increased by increasing the number of rides that you undertake as well as working strategically during Peak Hour time.

If you include the bonus/incentives that the cab companies provide; you can further increase your earning.

With the bonuses that UBER provides, there are miscellaneous examples of people in India earning more than INR 90,000 per month. (UBER provides the best incentives)

Where do you find good drivers for this cab business?

Finding a good driver is tough work. Ola and UBER do provide assistance in finding drivers for you. However, they do not guarantee it. You can look for drivers in small towns; you will find more polite drivers with less salary requirements.

Can you hire two drivers for a single car?

Yes, you can hire two different drivers for a single car. This can increase your profit as you will be able to cover a wider time frame. All you have to do is manage a time schedule for both the drivers.

How do you get a commercial license for your vehicle?

A commercial license is needed to register your vehicle with both Ola and UBER. Changing your license is a hassle, however, both Ola and UBER provide guidance through each and every step to ensure that you get a commercial license as soon as possible.

How do you train yourself or your drivers before starting a business with Ola and UBER?

All transactions and cab bookings are done via Ola/UBER app on your smartphone. As such, training your driver to use the Ola/UBER app as well as Google Maps (For the navigational purpose) should be your first priority.

Ola and UBER both train you on their application usage when you sign up with them.

You will also need to teach your driver the proper etiquette while dealing with customers. Proper behavior ensures that you accrue good ratings which in turn increases your future bookings.

Can you attach your car to both Ola and UBER?

This answer is pretty straightforward. You can attach your car to both Ola and UBER. However, do note that while completing a ride order for Ola; keep your UBER phone switched off. If you do not do this, you might incur a deduction for not accepting rides from UBER while on Ola.

Similarly, while on an UBER ride order, keep your Ola phone switched off.

Which car should you buy to start a business with Ola/UBER?

A sturdy and economic car can save you money with increased mileage and reduced service cost.

Some of the vehicles that are commonly used are as follow:

Toyota Etios
Maruti Swift Dzire
Maruti Swift Ritz
Tata Indica
Nissan Sunny
Tata Nano
Toyota Innova
Hyundai Xcent
Chevrolet Beat
Tata Bolt
Is there any future for the Taxi-app business?

No doubt. There is ever-increasing competition for prompt and cheap transportation. With the advent of Ola and UBER, you can now opt for cheap and prompt personal transportation.

People now prefer a comfortable AC personal commute over the noisy and less comfortable auto-rickshaw ride. This demand is supplied by these Taxi-apps, and as such, there is, without any doubt, a bright future in this business.

Some Real People Experience

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If you have any other question in your mind, then please free to share with us because we are here to reply you back.