Kapil Dev invests in VAOO, a cab aggregator promising free rides

Former Indian cricketer Kapil Dev, has launched ‘VAOO’ App, a Mumbai-based cab aggregator that promises to offer free rides to passengers in return for viewing advertisements. The company had received $15 million in funding from investors including Kapil Dev.

The startup has already registered 15,000 cabs. Unlike Ola & Uber business module, the VAOO cab driver will receive 100% commision and there will be no employee benefits.

In the next 3 month, the company will focus on acquiring 10 million customers and gather 3 lakhs cabs.

The Vaoo app is now available in Play Store: http://bit.ly/311XAo1

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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