Interestingly, around four out of every 10 Ola Bike trips are taken in small towns
According to the company, Ola Bike on an average, is 30 per cent faster and 50 per cent more cost-effective than four-wheelers for distances between 6 and 8 kilometres
In a statement issued on Saturday, Ola said it will extend its support to the Delhi government's initiative to curb pollution
In March this year, Hyundai and Kia had said they would invest $300 million in Bengaluru-based Ola
The discussions are at an advanced stage and likely to be closed in the next 10-15 days, the sources privy to the development said
Ride so far too costly, say the latter; attempt now to sweeten parking spot deal for the cab aggregators
Ola's food business will focus on becoming a food-first company with a massive kitchen infrastructure and a slew of brands
86 recruiters participated in programe
Perfecting tech and handling state licences would be the main focus for the new team
According to data, new mobility will be driven by taxi services, expected to touch $61 billion from $1.5 billion in 2018
While Ola's high cash burn, owing to its fierce fight with Uber, is a dampener, some of its recent bets on newer areas make it attractive
The ride-hailing firm has launched services in Coventry and Warwick, is the only app that can be used by both black cabs and Private Hire Vehicles in these cities
The challenge for everyone is how to fend off competition from insurance companies and the sweep of technology, making their business models irrelevant
The SJM also demanded that in case of ride cancellation by a taxi-app company or the driver, Rs 100 or an amount equivalent to 20 per cent of the fare should be credited as a penalty
Karnataka already has a minimum and maximum fare for app-based cab companies
As part of the deal, the team at Pikup.ai will join Ola, which is increasing its focus on using advanced analytics and deep technology to build futuristic mobility solutions
The foundation would enable economic empowerment for women through employment-linked skills training, financial literacy and social empowerment through life-skills education
Ride sharing companies will need to maintain a fine balance between meeting the demands of the customers as well as the needs of their partner networks, say analysts
Ola is now searching for a head of engineering, who would direct the research and development programme
Aggarwal likened the company's strategy to guerrillas stating they will "fight the nooks and corners" and win in the long term