Capital TRUST buys ‘Taxiyak’ and launches ‘Taxiya’

Capital TRUST Mobility Solutions (Pvt) Ltd, a subsidiary of Capital TRUST Holdings Limited, has acquired Taxiyak, a mobile taxi hailing service, and rebranded it Taxiya.

The company announced that rapid expansion plans are afoot including scaling up Taxiya’s vehicle fleet to become a fully customer-centric transportation services provider by delivering a top-notch customer experience with fare options and special deals.

Taxiyak had a couple of years’ experience in the market prior to the acquisition and had revamped its robust front end and backend IT systems to ensure a seamless, tri-lingual customer experience across the Taxiya App, website and call center.

New features that will differentiate Taxiya will focus on customer safety, simplified vacation planning via the App, and airport transfers with the most affordable rates, to mention a few. The Automated Corporate Transport Booking System (ACTBS) will enable companies to organize their employees’ transport, allocate transport budgets, and seamlessly book and dispatch vehicles on demand.

Tushan Wickramasinghe, Chairman of Capital TRUST Mobility Solutions (Pvt) Ltd, and Chairman/CEO of Capital TRUST Holdings Limited, sees exciting opportunities in the taxi hailing services market.

“With over 1.1 million three wheelers, over 4.0 million motorcycles, over 0.7 million four-wheel vehicles in Sri Lanka and less than 50,000 active vehicles with Apps on a daily basis, there is immense room for expansion and exponential growth,” stated Mr Wickramasinghe.

“Using public transport is highly stressful and we want Taxiya, the 100% Sri Lankan built platform to be associated with affording the customer absolute peace of mind. Taxiya’s offering will be a competitively priced, safe, reliable and hassle-free ride of choice,” he announced.

Wickramasinghe added that he was also happy to support and strengthen digital entrepreneurship. Hanif Ibrahim, Managing Director of Airport Travel Holdings said that he is delighted to share IT support and guidance to a strong and reputed entrepreneurial company such as Capital TRUST Holdings Limited. Airport Travel Holdings has been in the taxi space for the past 20 years.

Entering the financial services industry as a Stock Broking firm in 1991, today, Capital TRUST Holdings Limited through its 34 subsidiaries has expanded into many areas of businesses including Property Development, Real Estate solutions, Margin Trading, Investment Advisory, Wealth Management, Information Technology, Education and Packaging.


Caption: From left: Susantha Bandara – Head of Drivers , Dilusha Muthugoda – Head of  Operations, Hanif Ibrahim – Chairman/ MD of Airport Travels Holdings , Tushan Wickramasinghe – Chairman/ CEO of Capital TRUST Mobility Solutions (Pvt) Ltd, Rasika  Vidanalage – Chief Operating Officer and Asanka Perera – Head of Marketing & Corporates