Over a 1000 Ola drivers protested against the company in Bangalore yesterday. The drivers alleged that they hadn’t been paid the incentives they’d been promised for driving over New Years’. They also were unhappy that the money that had been deducted from their accounts towards the payment of their car loans had not reached the banks.
Ola has launched its auto hailing service in Chandigarh. It is the 7th city in the country to have the service, after Bangalore, Chennai, Delhi, Ahmedabad, Hyderabad and Pune were added in October 2014. The company intends to add two more cities by the end of the year.
While advertising through billboards, hoardings and usually any offline methods is considerably more expensive ( read: up to a million bucks for a months’ spot on a prime location billboard) than online advertising, flush with VC funding, most of the hot startups wouldn’t mind shelling out the dough to stand out from the clutter. And just as well. It makes perfect sense to not only capture the ready online audience, but also onboard and engage a potentially huge and captive offline audience on your platform.
On-demand shuttle services had been seen by many as a way to ease India’s growing traffic and pollution problems. By operating on popular routes at peak hours, these services took cars off roads and also provided consumers a cheaper alternative to cab hailing companies. Over the last year, several startups emerged in the area, including ZipGo, RBus, and Shuttl, while cab hailing giant Ola had also thrown its hat into the ring, launching Ola Shuttle.
It used to be lots of Davids against a Goliath, but now the Davids have all decided to gang up. Ride sharing apps Ola, Didi Kuaidi, Lyft and GrabTaxi have formed a grand partnership to take on their biggest rival Uber. Under this move, the four companies will allow users to book cabs from each other’s apps in all the regions where they operate. Uber has a global presence, but these four companies are big…
Chennai has been hit by record levels of rainfall over the last few days. The rains have left thousands of people stranded, shut down offices and businesses, and 188 lives have been lost. But amidst the gloom, there’s some hope. Indian startups are going out of their way to help Chennai’s stricken populance in any way they can. Here are some Indian startups that have pitched in to help with the Chennai floods.
Ola, India’s largest cab aggregator in stiff competition with Uber of USA adds another feather to its financial cap by raising $500 million (Rs 3,300 crore) in its latest round of funding. The deal has propelled Ola ahead of Uber in the cab-hailing startups race. This also takes Ola, which very recently got into the grocery business, to a valuation high of $5 billion.
When jokes about Ola Boats began surfacing on the web following the rains in Chennai, the cab hailing company did the unthinkable – it managed to deploy actual boats to help out those in need.
Ola cabs, India’s largest cab hailing service has launched a dedicated mobile app, Ola Money. “Do more with Ola money for a fast, seamless shopping experience”, the app claims, “because shopping online isn’t exactly a fun thing to do.” It identifies Paytm, backed by Alibaba group and FreeCharge, owned by Snapdeal, as competitors.
War between Ola and Uber is getting more and more intense with every passing day and soon it may be even spill beyond the streets of India. Didi Kuaidi, China’s biggest Taxi aggregator app backed by Alibaba is planning to invest in homegrown Ola