How to Invest in Bharat Taxi: ₹500 Entry Model Explained by Amit Shah

Union Minister Amit Shah recently explained how cab and auto drivers, who are Sarathis, can invest in Bharat Taxi and potentially earn profits by joining the cooperative-based ride platform. The initiative aims to create a driver-owned mobility ecosystem where participants not only earn through rides but also share in the company’s profits.

According to Shah, drivers (Sarathi) can become co-owners of Bharat Taxi by investing just ₹500. This investment allows them to join Sahakar Taxi Cooperative Limited and participate in the platform’s earnings model.

He illustrated that if Bharat Taxi generates ₹25 crore in profits after 3 years, 20% (₹5 crore) will be retained as capital within the cooperative, while the remaining 80% (₹20 crore) will be distributed among driver partners based on their performance, particularly the distance driven on the platform.

How to Invest in Bharat Taxi: Step-by-Step Registration Process

The onboarding process is fully app-based and can be completed in under 30 minutes if documents are ready.

• Step 1 - Download the App: Drivers must install the “Bharat Taxi Driver” app, while passengers use the “Bharat Taxi – Cab, Auto & Bike” app.
• Step 2 - Mobile Verification: Register using a 10-digit mobile number and verify via OTP.
• Step 3 - Profile Completion: Enter personal details, including name, email, and bank account information for direct payments.
• Step 4 - Upload Documents: Upload mandatory documents such asa driving licence and vehicle registration certificate. Additional permits and certificates can be updated later.
• Step 5 - Become a Cooperative Member: Once the documents are uploaded, drivers can invest in Bharat Taxi by purchasing cooperative shares worth ₹500 (typically five shares). This will grant them co-ownership, voting rights, and eligibility for profit sharing in the company.
• Step 6 - Verification and Activation: After background verification, drivers can activate GPS services and begin accepting ride requests.

Documents Required for Registration

Applicants should keep the following documents ready:

• Aadhaar Card
• Commercial Driving Licence
• Vehicle Registration Certificate (commercial)
• Commercial vehicle insurance
• Vehicle fitness certificate
• Pollution Under Control certificate
• Commercial taxi permit
• Passport-size photographs
• Bank account details

Having these documents prepared enables the Bharat Taxi Sarathis to start earning immediately after approval.

Also Read: PM KISAN Completes 7 Years with Close to ₹4 Lakh Crore Disbursed!

Digital Integration and Paperless System

The Bharat Taxi platform integrates with DigiLocker for document verification, UMANG for accessing government services, and API Setu for secure data exchange. This ensures a seamless and paperless registration experience.

Conclusion

The Bharat Taxi initiative introduces a cooperative-driven mobility model that combines entrepreneurship with shared ownership. With an entry investment of ₹500, drivers gain an opportunity to earn a regular income while participating in long-term profit distribution. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.