Demand, Supply, Technology - Don't Forget Regulation
"Bike taxis illegal, do not use them: Govt" - The Times Of India ( read here ) "ZipGo suspends operations" - The Hindu ( read here ) Both of the above 2 headlines came within 1 month of each other. Ola, Uber and Zipgo are start-ups trying to ease the way people commute. But all of them have hit a road block in the innovation hub of the India "Bengaluru". The RTO has declared bike taxi operations of both Ola and Uber as illegal, and Zipgo had to suspend its operations because of RTO orders. This is not the first instance when Ola and Uber have ran into regulatory problems, on a previous instance both of them were in trouble in the NCR. So this make me think about 2 key questions, which are -: 1. Does the strategy guy overlook the legal aspect to succeed fas