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Ola Launched New Mobile App ‘Ola Operator’ For Entrepreneurs

5Jun By NitishNo Comments

News

Ola Launched New Mobile App ‘Ola Operator’ For Entrepreneurs

Ola, one of India's most popular mobile app for transportation, on Friday announced the launch of a first of its kind mobile technology solution with its new 'Ola Operator' app - built for entrepreneurs who have grown from one car to many on the Ola platform over the years, as well as operators who own cars, but employ drivers, to work on the platform. With this launch, Ola aims to add tens of thousands of new Operators onto its platform, including driver-partners who have turned entrepreneurs, operators in the business of transportation, as well as aspiring first-time entrepreneurs who would like to be part of the mobility ecosystem with minimal time commitment. This mobile app will help bring in immense efficiency to manage a single vehicle, to a large fleet, that an operator may o...

Uber Raises $3.5 billion From Saudi Investment Fund

2Jun By No Comments

FUNDING

Uber Raises $3.5 billion From Saudi Investment Fund

AFP- Uber announced on Wednesday that it has raised $3.5 billion from the Public Investment Fund of Saudi Arabia to help fuel global expansion plans for the ride-sharing giant. The deal gives Uber a valuation, or implied value, of $62.5 billion, according to the company. The deal will help Uber's global expansion, including in the Middle East and North Africa, which the company sees as one of its fastest-growing regions. The head of the Saudi fund, Yasir Al Rumayyan, will join the Uber board, and will boost Uber's cash holdings to more than $11 billion. "We appreciate the vote of confidence in our business as we continue to expand our global presence," Uber chief executive Travis Kalanick said in a statement. "Our experience in Saudi Arabia is a great example of how ...

Now Book Ride in Jaguar at Rs 19/km Using Ola Lux

28May By AdityaNo Comments

News

Now Book Ride in Jaguar at Rs 19/km Using Ola Lux

Country's largest taxi aggregator Ola, which recently launched a riding offer at as low as Rs 6/km, today introduced luxury service Ola Lux in the city, under which a rider can choose from a slew of luxe cars. The company said under the new scheme, a passenger can book a Jaguar, Merc, Audi, BMW, Fortuner, Honda Accord for a minimum fare of Rs 200 and charged at Rs 19/km. A ride time charge of Rs 2/min is also applicable, it said. The new chic category is available across south Mumbai to begin with, and would be introduced to other parts of the city soon, Ola Chief Marketing Officer Raghuvesh Sarup said. "With a growing number of young executives, entrepreneurs and professionals, the need for on-demand luxury sedans is growing tremendously in cities," Sarup said, citing t...

Orahi Launched New Features For Carpooling App

19May By AnkitaNo Comments

News

Orahi Launched New Features For Carpooling App

Orahi, a carpool app provides carpooling service that offers Home-Office-Home for corporate employee only. The new app comes with an enhanced user experience and features things like listing, single click ride, auto fix option, live map, default chat group, women only group and intra company ride. These features are user friendly and define the essence of carpooling. The listing feature allows members to view the profile of other members and make an informed decision whether or not to travel with them. Car owners or passengers can send and respond to requests by swiping left or right. Single click ride option provides the travellers an option to book a ride with frequently travelled co-passengers and car owners at a single click. Auto fix feature allows the members to fix and start t...

Yatra Partners Taxi Aggregators to Offer Cab Service

19May By AnkitaNo Comments

News

Yatra Partners Taxi Aggregators to Offer Cab Service

Online travel solutions provider Yatra.com has joined hands with various taxi aggregators to offer cab services in 450 cities across the country, through its mob app. Under the collaboration, the customers can choose from a large range of cars including hatchbacks, sedans, SUV/MUVs and vans. They can take a cab for one-way, round-trip and multi-city trips, Yatra.com said in a release. "The company has built technology to simultaneously showcase the offerings of multiple cab aggregators, allowing the traveller the freedom to choose from a variety of service and price options. "At launch, we have aggregators offering both intra-city hourly cabs and inter-city taxi services," Yatra.com co-founder and Chief Information Officer Manish Amin said. Going forward, Yatra will be also tying u...

The Delhi Commission For Women Issues Notice To App-Based Taxi Services in Delhi

14May By Press Trust of IndiaNo Comments

INDIA

The Delhi Commission For Women Issues Notice To App-Based Taxi Services in Delhi

The Delhi Commission for Women has issued notice to five app-based taxi services including Ola and Uber seeking to know the number of taxis which operate under their banner in the national capital and number of drivers whose details have not been duly verified. The DCW, which has taken suo-motu cognisance of the threat to women's safety posed by unregulated taxi aggregators in Delhi, has also sought to know the extent of compliance by these taxi operators of the prevalent rules and regulations imposed by the Delhi government. DCW has also sought details of the drivers who possess the Public Service Vehicle Badge issued by the Transport Deptartment. "Of the drivers operating under the banner of your company, how many drivers have licenses from outside the state? Please provide st...

13May By reutersNo Comments

FUNDING

Apple Invests $1 Billion in Chinese Ride-Hailing Service Didi Chuxing

Apple Inc said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. The tech giant's rare investment gives it a stake in two burgeoning waves of technology - the sharing economy and car technology - as the iPhone business that propelled it to record profitability shows signs of maturing. Apple is trying to reinvigorate sales in China, where it has come under greater pressure from regulators, and Cook is traveling to the country this month. The move aligns Apple with Uber Technologies Inc's chief rival in China, as automakers and technology companies forge new alliances and make cross investments. General Motors, for example, recently...

Ola, The $5 billion Valued Taxi Aggregator Service is Twice as Large as Uber

6May By NitishNo Comments

Story

Ola, The $5 billion Valued Taxi Aggregator Service is Twice as Large as Uber

According to a report by Trucaller, that Ola, the $5 billion valued taxi on-demand service twice as large as Uber in India. Of the 684 million phone users in India, 205 million smartphone users are now changing the way cabs are the booked while ‘on the move’ in India, and we are analyzing that trend to share some exciting TrueInsights on how you call-a-cab in India. In a report mentioned that when it comes to call traffic for the new wave of ride-sharing, app-based services like Ola Cabs is the undisputed leaders by numbers of calls. Ola Cabs made a whopping 42.5 million calls to its users, while 59.5 million calls were made by users – which accounted for 102 million calls between Ola Cabs and its users. Uber users received 13.6 million calls from the company and called the compan...

Ixigo Launched Reverse Bidding Model for Outstation Cabs

3May By AdityaNo Comments

News

Ixigo Launched Reverse Bidding Model for Outstation Cabs

Cab and taxi booking service provider Ixigo cabs recently introduced outstation cab bookings by building a marketplace of inter-city cab aggregators and vendors with a unique reverse bidding model. Inter-city commuters will no longer have to deal with calling up multiple intercity cab vendors as over 250 of them will compete internally, getting you the lowest possible fare in under 120 seconds. Outstation and inter-city cab bookings with the reverse bidding model are now available on ixigo's website and app for more than ten cities in North India including Delhi (NCR), Jaipur, Agra, Chandigarh, Rishikesh, Dehradun, Jammu, Shimla, Manali, Meerut and Alwar. Commenting on the launch, Venus Dhuria, Business Head, Cabs, ixigo.com, said: "Our primary objective has always been to simplify a t...

Uber officials meet Arvind Kejriwal, Discuss Surge Pricing

22Apr By Press Trust of IndiaNo Comments

INDIA

Uber officials meet Arvind Kejriwal, Discuss Surge Pricing

With operation of app-based taxis in the national capital on Delhi governments radar due to surge pricing, some officials of taxi-aggregator Uber today met Chief Minister and apprised him of his business model. "Some officials from Uber today met the Delhi Chief Minister at Delhi Secretariat and discussed a range of issues including surge pricing, diesel cars and permits," an official said. Sources said that apart from surge pricing, government has objection on per minute charge and vehicles which are registered outside Delhi. Transport minister Gopal Rai today again clarified that ban on surge pricing will continue. Yesterday, Kejriwal had termed as "daylight robbery" the surge pricing by app-based taxi operators, and said overcharging and blackmailing wont be allowed in the national...

“It’s Lack of Journalistic Ethics” Said Ola After a Report on Uber Acquisition

16Apr By PriyankaNo Comments

News

“It’s Lack of Journalistic Ethics” Said Ola After a Report on Uber Acquisition

India's leading Taxi aggregator platform Ola and its one of the investors Matrix Partners India denied a report on DNA, which alleged that Uber was acquiring stakes of all the investors, including the founders, except SoftBank, with a term sheet likely to be signed by this quarter. "We would like to state that the article, attributed to an 'unnamed source' is completely false, misleading, malicious and planted in the said newspaper with the intent of causing harm to the Ola brand and creating confusion among our stakeholders." a statement from Ola said. Ola slammed the publication for its lack of journalistic ethics, and said that it will initiate appropriate legal action and seek redressal and compensation from the newspaper for the damage caused due to the report. "We also had received...

Uber launches Bike Taxi “UberMOTO” in Gurgaon

30Mar By Press Trust of IndiaNo Comments

News

Uber launches Bike Taxi “UberMOTO” in Gurgaon

After Bengaluru, taxi-hailing app Uber today launched a pilot of its bikesharing product "uberMOTO" in Gurgaon. "Uber today announced a pilot of Uber's bikesharing product - uberMOTO in Gurgaon... This follows our agreement with the government of Haryana to introduce technology based ride-sharing services in the state," it said in a statement. The company has set minimum fare at Rs 15, followed by Rs 3 per km and Rs 1 per min of ride-time charges. The minimum fare is Rs 20. It will compete with companies like Baxi. "UberMOTO works towards the vision of reducing congestion by helping fill every empty seat on the bikes on road. It enables riders to push a button and share a motorbike ride within minutes," Uber Delhi General Manager Gagan Bhatia said. It's a great way for people t...