Currently, the Bengaluru-based company has operations in 102 cities with over 3.25 lakh vehicles are registered on its platform.
Ola sees over one million daily booking requests at current scale and has served over 150 million cumulative bookings on its platform till date, it said in a statement.
"The company Ola has grown three times its size over the last six months from April 2015. We expect to clock three million booking requests a day, by April 2016," it added.
"Our next phase of growth will be fuelled by newer, innovative solutions like Ola Share, Ola Prime and others, which are now being piloted on a large scale in select cities. It is important to bring in increased efficiencies on utilisation at this massive scale, with the same reliability and convenience," he added.
Currently, Ola adds up to 1,500 vehicles on its platform on a daily basis.
The Softbank-backed company, which launched a cab-leasing programme through a subsidiary earlier this year, said the initiative will help add another one lakh cabs over the coming year onto its platform.
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