You are here: Home » News-IANS » Business-Economy
Business Standard

Indian cab aggregator Ola rides into Sydney

IANS  |  Bengaluru 

A month after starting its international operations in in Australia, Indian online cab aggregator on Monday said it has begun offering rides in through its local driver-partners.

"People of can avail the introductory offer for free rides. Customers can download the app, register for an account and book their rides," the city-based ride-sharing platform said in a statement here.

The company, on January 30, announced driving into to foray into the international market to rival US-based It had also started hiring private vehicles and drivers in Sydney, and over the fortnight.

and are two of the most populated cities in the country.

On February 14, had begun offering two free rides to people in city as a soft launch of its services with local partners.

Since it began its operations in Australia, the company has received over 7,000 registrations in and Perth, the statement said.

The company is yet to begin operating in

The Indian firm will be taking on Uber, the largest ride-hailing platform in Australia, apart from other operating in the country like Australia's GoCatch and Estonian Taxify.

Founded in 2011, has been competing against in the Indian ride-sharing market.

The seven-year-old claims to have 125 million users in 110 cities across

In October 2017, raised $1.1 billion through investors like SoftBank, Tencent Holdings Ltd, a leading Chinese firm, and other US-based financial investors.

is also the largest shareholder in Uber, after the firm recently bought 15 per cent of its stake.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 12 2018. 11:10 IST