Tue. Mar 19th, 2024
Ola Cabs

Ola, one of the leading ride-hailing service provider in India, has announced that it is now entering Australia, marking its first official entry into International markets. The company has revealed that it has begun inviting private vehicle owners and driver partners in the cities of Sydney, Melbourne, and Perth to register on its platform.

Further, the company has said that it has plans to start commercial operations in the country in early 2018. This would also intensify the company’s battle with its rival Uber, which is already present in Australia because of which regulations for such services are in place and drivers are already aware how the system works.

Along with Uber, Ola will also be competing against the likes of GoCatch which is an Australian ride-hailing service provider, backed by Australian Prime Minister Malcolm Turnbull’s son, Alex Turnbull.

Apart from India, Ola is currently operational in Bangladesh and is reportedly eyeing other markets such as Nepal, Sri Lanka, and Bhutan. According to the inside sources, the company is planning to enter several other international markets including New Zealand during 2018.

Ola was founded in the year 2011 by Ankit Bhati and Bhavish Aggarwal. The company has been locked in a fierce battle with Uber for a bigger piece of India’s $12 billion taxi market. The Bangalore-based company has a majority share in the country’s ride-hailing market with operations in more than 110 cities.

By Jeet