Legal disputes, government skepticism and the ire of taxi companies have plagued ride-hailing apps. But Karhoo is an app that incumbent taxi companies and limousine services may actually want to get behind.
Karhoo is a ride-booking app that allows users to compare taxi and private-hire car services from multiple companies, based on factors such as price, local knowledge, quality, punctuality or vehicle type.
In this already saturated space, Karhoo's unique selling point is that it works with the existing taxi operators rather than acting as a platform for individual for-hire drivers, which enables the app to add thousands of drivers at one go, and sets it apart from ride-hailing apps such as Uber.
"The really exciting thing is that we've been approached by cities all around the world to become the official city app of choice by empowering the incumbent operator," Daniel Ishag, founder and CEO of Karhoo, told CNBC.
"The incumbent taxi operators in nearly every city are embracing us," he added.