Hyderabad, Sep 26: Hyderabad-based Venkata Praneeth Technologies Private Limited, a tech start-up promoted by real estate company Praneeth Group, on Thursday announced the launch of cab-hailing services under the brand ‘Prydo’ in the city.
The company has successfully completed the on-boarding process of over 14,000 driver-partners and the cab services will formally commence here from Sunday, Narendra Kumaraju, Founder and Managing Director of Prydo said on the occasion here.
"We will expand our services to Delhi and Bengaluru in the next six months and later, the company will expand its services to all other metro cities in a phased manner by the end of the financial year 2019-20, he informed and said that we either launch our own services or acquire companies available in the cities.
The company plans to invest Rs 100 crore during the next 12 months for National Expansion, Narendra said and ‘Prydo’ mobile application in Play Store. (UNI)