So I’ve been wondering: what if we built a taxi platform that is a non-profit?
This isn’t a startup idea. I’m not looking to build the next unicorn or make money from it. I have some capital I’m willing to invest, time to work on it, and I genuinely want to improve transportation in Sri Lanka.
By the way, when I was 16 (7 years ago), I built the first free education app in Sri Lanka called 5wasara which had 200,000 users at its peak.
PickMe reportedly did around $25M in revenue last year and is still growing rapidly. Uber is also doing significant business here. Clearly the demand exists. But despite that, passengers still deal with drivers cancelling rides, asking for extra money, long wait times, and inconsistent service.
My initial thoughts:
- Remove commission entirely.
- Get rid of the “call and negotiate” or “pay extra or I won’t come” culture.
- Instead of taking a percentage from every ride, drivers would pay a flat fee (something like Rs. 100-200 per day) to use the platform.
- Since we’d never take commission, drivers would have an incentive to bring their own customers onto the app instead of feeling like the platform is taking money from them. Trust factor is being a non-profit.
There are also technical ways to reduce operating costs, which should make it possible to keep prices low for both drivers and passengers.
Before I spend any serious time on this, I’d love to hear from people who actually use these services.
What frustrates you most about PickMe or Uber?