The Genesis: An On-The-Ground Issue from the Streets
When IIM Lucknow and NIT Bhopal alumnus R. Chandrasekhar Naidu peered deeper into India's ride-hailing space, he saw an interesting disconnect.
On one hand, tens of thousands of commercial cabs were piling up, idle in parking lots. On the other hand, tens of thousands of drivers were scrambling, fighting to get their hands on vehicles and maintain their livelihoods. This was not a matter of market demand. This was a matter of utilisation.
With Aniket Malviya, another NIT Bhopal alumnus and a former Amazon tech lead, Chandrasekhar began working to create a solution. That is how 2xCabs was born – a platform with a laser-sharp focus on maximising the usage of commercial cabs.
The Solution: Simple, Focused, Effective
At its core, 2xCabs is a platform that brings drivers and cab owners together. The mission? To get these cars in active use, instead of parked, by integrating them smoothly into ride-hailing networks.
It's not about starting anew with ride-hailing. It's about maximising the value from the cabs that are already out there, getting each car on the road as much as possible, and each driver regular access to earning potential.
Why This Matters: A Market Opportunity Waiting to Be Unlocked
India's ride-hailing market is huge, worth $13 billion in 2024. However, much of the fleet capacity is idle. In Bangalore, where 2xCabs has begun its journey, the potential is even more acute.
By merely leveraging existing resources, 2xCabs is making money for fleet owners, drivers, and the urban mobility environment, without having to pursue unsustainable growth tricks.
Traction So Far: Real Numbers, Real Impact
In a business where numerous early-stage companies are still working on revenue models, 2xCabs is already generating ₹9 lakh in monthly revenues.
This initial traction results from a straightforward, execution-oriented philosophy: recognising the ground realities, solving for utilisation, and optimising operational efficiency on day one.
A Business with a Human Heart
To Chandrasekhar, Aniket, and the team at 2xCabs, this is not mere business. It's a calling to empower drivers with assured work opportunities, to give vehicle owners a fair return, and make urban mobility smart and efficient.
