It was seen as the sunrise sector till just a few years ago, but fears over spread of coronavirus through use of app-based taxis have punctured the growth of shared-mobility companies like Ola and Uber. The new fleet addition to the segment has reduced to only around 2,400 cars in the first eight months of this financial year, down from the nearly 14,000 cars added to the line-up in the same period of 2019-20.
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