Cab aggregator Ola expands to Australia

Indian ride-hailing company Ola announced plans on Tuesday to enter Australia, marking its first foray outside its home market and intensifying its tussle with US rival Uber Technologies Inc.
AP file image of OLA cabs used for representational purpose only.
AP file image of OLA cabs used for representational purpose only.
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BENGALURU: Ola, the cab aggregator platform that moves over 2 million people

everyday, will soon start operations in Australia and has already begun the process of on-boarding private hire vehicles in Sydney,  Melbourne and Perth from Tuesday. The company is expected to announce a launch date once the necessary regulatory approvals are given, Ola said in a statement.

The move comes just seven years after the company was founded. In India, the company is in a neck-to-neck battle with global giant Uber for market share. With a 1 million strong network of driver-partners in India, Ola is hoping to take on Uber head-on in its first foreign venture.

"With a strong focus on driver-partners and the community, we aim to create a high-quality and affordable travel experience for citzens," said Bhavish Aggarwal, co-founder, Ola. As part of its services, besides private hire vehicles, Ola will also tie up with driver partners as well.

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