Ola-Uber cab rates hiked by 15% in Mumbai

Amid the continuous increase in fuel prices in the city since May 3, mobile phone application-based cab aggregators Uber and Ola have also hiked their fares by 15%. The hike in fares of both app-based taxis has been done across different states in India, corresponding to the rise in fuel rates.

Officials from both companies said their drivers demanded an increase due to the constant hike in fuel prices. Mumbai has one of the highest fuel prices in India — one litre of petrol was priced at ₹107.20, while one litre of diesel was available at ₹97.29. Compressed natural gas (CNG), too, has seen a hike in price.

“The demand for rise in fares by drivers started in May when fuel prices were increasing across the country.