Vingroup is a Vietnamese conglomerate. File | Photograph credit score: Reuters
Vingroup, a Vietnamese conglomerate with wide-ranging pursuits in cars, actual property, expertise, healthcare and schooling, has marked its entry into the Indian ride-hailing market by launching an all-electric taxi service in Delhi-NCR utilizing automobiles from its automotive firm Vinfast.
The ride-hailing service, referred to as Inexperienced SM Limo, was launched on Friday (June 5, 2026) and can initially function in components of the Delhi-NCR area with a fleet of 1,000 company-owned autos. The corporate plans to step by step increase its protection and enter different cities primarily based on buyer demand. Reservations will be made by the smartphone app or the Operation Zone.
The autos will probably be owned by the taxi service supplier, however the drivers will initially be employed on a set wage mannequin, with the corporate transferring to a revenue-sharing scheme because the enterprise expands.
The inexperienced SM limousine autos are additionally outfitted with Safe-to-Secure security methods, together with inside and exterior cameras, AI-powered expertise and emergency assist buttons for each drivers and passengers, it mentioned in a press assertion.
