IAN invests in Wiwigo to get a taste of the inter-city cab market
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As of now, the cab-operator is present in over 40 cities, offering roundtrip and multi-city travel options. With the new funding, it aims to expand its operations to over 100+ cities by yearend.
Also read: IAN invests in AI-based research venture Staqu
In India, the intercity car rental market in India stands at approximately $9 Billion, growing at 12% annually. However, around 90% of this market is still unorganized. Started in April last year, Wiwigo aims to organize this market.
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Talking of the funding, it was led by IAN investors
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