CabBazar is the brainchild of a three engineers Rishabh Gupta, Deepanshu Rustagi and Amit Dhall working in the same software firm. Deepanshu faced the problem of finding an outstation taxi in the peak holiday season even after offering higher prices. Serendipity got him with other co-founders – Amit Dhall who was having good experience in developing software product and Rishabh Gupta who was fascinated with the scope of the outstation taxi business which he observed while searching for new clients for his IT company. The co-founders brainstormed together and started CabBazar.