"Unlike the dominant players in the market, we own the cabs on a leased basis as well provide the drivers who are on our payroll", founder and chairman of OTL Cab, Adhrick Roy said.
Effectively, the cost of running each car per month is costing the company between Rs. 34,000-45,000 excluding the fuel and associated costs.
Furthermore, the company has funded this project from its own coffers and will need Series A funding only in 2017-18, which will be the second year of its operations.
