
Meru
Affordable and reliable taxi services with pre-booking and spot booking options, expanding into electric vehicle commutes.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
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Meru Cabs is a leading car rental service provider in India, offering a range of taxi services including local, outstation, and airport rides. The company serves both individual customers and corporate clients, operating in major Indian cities with a fleet of over 3,000 owned and attached cars. Meru has pioneered the concept of organized cab services in India and continues to innovate by adopting electric vehicles, starting with eVeritos in Mumbai. The company is backed by True North, a premier private equity fund, and has a significant collaboration with Mahindra and Mahindra. Meru generates revenue through ride fares, corporate contracts, and its mobile app, which has been recognized as one of the top 10 e-commerce apps in India. The company aims to provide hassle-free, comfortable, and affordable taxi services, ensuring punctuality and reliability for its customers.
Keywords: car rental, taxi service, electric vehicles, corporate clients, pre-booking, spot booking, mobile app, Mahindra collaboration, True North, India.