Taxi App Development: How InDriver’s Business Model Is Going to Be the Next Big Thing?

Introduction:

The on-demand ride-hailing market is booming and is projected to reach US$202.20 billion by 2027. The rising demand for convenient taxi booking has led to the launch of several e-hailing companies after Uber, including Lyft, Grab, Curb, Ola, Gett, and Juno. All of these taxi apps have worked really hard to establish their names in the market.

However, there was inDriver that literally shook the world with its first-ever ride-bidding concept. Let’s learn more about inDriver, its business model, and how you can launch a similar app in your region and ace the competition with ease.

About inDriver

inDriver is one of the game-changing and unique applications that was founded in 2013 by Arsen Tomsky and Dmitry Gudkov. The application was built to address the changes in the local taxi markets, especially in remote areas!

From 2014 onwards, inDriver started expanding its operations beyond Russia, entering international markets like Brazil, India, Mexico, Africa, and other countries.

inDriver expanded across the world with the aim of providing cost-effective and convenient transportation facilities to all. Well, its unique selling point has gathered a whopping user base of 50 million.

The Russian-born inDriver application lets users set the price of the ride and even negotiate the offer with the driver. It is also called a Reverse Auction System, where the platform doesn’t set the price; its users do!

Another catchy thing about inDriver is that it showcases excellent map details. To provide its users with an exceptional mapping service, inDriver partnered with Google Map Platforms to define remote areas and busy roads in megacities.

In short, inDriver’s Reverse Auction System and superbly detailed mapping system make it one of the most sought-after taxi ride applications.

Let’s dig a bit deeper into its business model.

inDriver Application – Business Model

Its business model is easy to understand and inspiring for entrepreneurs. The app connects its users and professional drivers on a single platform, like the well-known on-demand taxi app Uber!

However, the platform has more to offer its users and drivers.

inDriver’s User Application:

Using the platform, users can choose to book intercity or local trips with ease. While booking the service, users can set the price they wish to pay and even select their preferred payment method. The app also lets users track their taxis in real-time and share the ride’s details with their friends/family for safety purposes.

inDriver’s Driver Application:

Taxi drivers easily and quickly make money by completing the trips they accept on the application. Through the platform, drivers can negotiate the ride’s fare with the users. Additionally, they can manage their earnings and get round-the-clock chat support or assistance with only a few clicks.

How inDriver Application Works?

The app’s workflow is simple. It is designed to ensure that anyone can book a ride through the platform.

Here’s a step-by-step breakdown of how inDriver lets the user book and negotiate their rides in just a few taps.

Step 1: Users need to sign-up/log into the application after downloading it on their iOS or Android devices.

Step 2: Once they have logged into the application, users can input their pickup location along with the destination and the price they wish to pay for it.

Step 3: Drivers can now view the incoming ride requests from the users and choose to accept or negotiate the offer through the application itself.

Step 4: If the driver accepts the request, the platform instantly connects them with the user and shows the confirmed booking status. On the other hand, if the driver wishes to negotiate the price, they can send a new offer, and the system will automatically notify the rider about it!

Step 5: Once the driver accepts the request, the rider can now see the estimated time of their arrival along with the live taxi’s location.

Step 6: The driver arrives at the user’s location, picks up the passenger, and starts the ride.

Step 7: After reaching the destination, the driver ends the trip, and the payment is immediately processed from the rider’s end.

Well, the workflow is similar to other on-demand taxi applications like Uber, Ola, Grab, etc.

How to Launch an inDriver-like Application?

Entrepreneurs who are ready to launch inDriver-like taxi bidding apps in their region can take one of the two app development approaches:

1. Build the app from scratch
2. Invest in a pre-built solution

As the name suggests, building the application from scratch means you need to hire a dedicated app developer firm who can help you with:

• Designing the app
• Coding it
• Testing it
• Submitting and launching them on the app stores

Well, this is one of the most time-consuming and money-splurging app development methods. By investing in a ready-made application, you can quickly go live with your iOS and Android apps. Since these are pre-built, you don’t have to worry about doing anything, be it designing the UI/UX, coding the application using Java or Swift, building the website, market testing, or fixing the bugs.

All you have to do is approach a white-labeling firm that offers the inDriver Clone app package. When finalizing your investment decision, make sure that the package you’re choosing includes all the scripts and services like rebranding, launching, bug support, and so on.

Therefore, without wasting much of your time or money, you can develop and launch a perfect inDriver-like taxi app in your region.

Apart from launching the application, you also need to work hard to make it stand out from the other similar apps competing against you. But you can skip through all these challenges by simply using the tips mentioned in the following section!

Tips to Make your inDriver Clone App Successful

Follow these simple tricks to gain the maximum returns from your inDriver-like taxi app and also become the next big thing in the market!

Integrate Commission-based Model

Charging competitive commissions from riders and drivers can easily earn you more money! Unlike other taxi apps that charge extravagantly, give your users the freedom to set their ride’s price, accept/decline requests, and so on. Through commissions, you will be able to make money from every single ride booked on your platform.

Include In-app Ads

Generating revenues from in-app ads is one of the best ways to make money and succeed quickly in the market. Ask your white-label firm to integrate third-party Facebook or Google in-app advertisements so that you can earn from every single click on these ads.

Display Facebook/Google ads of other businesses on your app’s home screen, and every time someone clicks on the ad, you will receive a pre-decided amount!

Isn’t that an easy, revenue-generating method?

Apart from this, you should also opt for:

• Conduct thorough market research to understand your target audience, their needs, and how you can meet their expectations with your taxi app!
• You must invest in a ready-made app that has user-friendly interfaces.
• Optimize the app’s reverse auction system to facilitate fair negotiations guided by specific ground rules.
• Provide flexible payment options for riders and drivers.
• Make sure that both of your apps (users and drivers) boast a smooth and simple onboarding process.
• Offer 24×7 support system.
• Prioritize the security and privacy of the riders and drivers registering on your application.
• Try to comply with the local rules and regulations of running an online taxi business like inDriver.

Conclusion

Adopt inDriver’s business model when launching your own online taxi business if you wish for quick success and easy profit-making. Online taxi booking services are taking the world by storm. As per the Global Taxi Booking Industry Report by Taxi Butler, there has been a 2.6% average week-over-week growth in taxi bookings in Q1 of 2024.

Well, the market needs inDriver-like professional taxi booking applications, and by opting for a ready-made app, you can quickly launch one! Moreover, if you want to level up your taxi application, integrate parcel delivery services too. Using the parcel delivery service, your users will be able to send single and multiple deliveries across the city with ease. In short, with the launch of your multi-service inDriver Clone, you can earn more profits and capture a bigger market.