Ola to expand to Australian market

-
We are very excited about launching Ola in Australia and see immense potential for the ride-sharing ecosystem which embraces new technology and innovation," Ola co-founder and CEO Bhavish Aggarwal said

Indian cab aggregator Ola is set to go international with the launch of its operations in Australia in the coming weeks, a move that will further intensify its battle with US-based rival Uber. The SoftBank-backed firm is now on boarding private hire vehicle owners onto its platform in Sydney, Melbourne and Perth, Ola said in a statement.
Ola plans to launch its services in Australia in early 2018, it added. It will share further details of the commencement of commercial operations — subject to necessary regulatory approvals — later. “We are very excited about launching Ola in Australia and see immense potential for the ride-sharing ecosystem which embraces new technology and innovation,” Ola co-founder and CEO Bhavish Aggarwal said.
He added that the company aims to “create a high-quality and affordable travel experience for citizens” with a “strong focus on driver-partners and the community at large”. Ola’s primary competitor in the Australian market would be US-based Uber. The companies are already locked in an intense battle for leadership in the Indian market.
Uber launched its operations in Australia in 2012 and currently operates in 19 Australian cities including the major cities of Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra.
Founded in 2011, Ola has over 125 million users and more than one million driver-partners across 110 cities on its platform in India. On an aggregate basis, the Bengaluru-based company serves as many as a billion rides annually, through its platform.

Comments

Post a Comment

Popular posts from this blog

New UGC rules permit third-party agencies to accredit higher education institutes

-
Image
Agencies other than the National Assessment and Accreditation Council (NAAC) and the National Board of Accreditation (NBA) will soon be able to evaluate higher education institutions as the University Grants Commission (UGC) has passed a new regulation permitting their entry. The new rules, which were approved by the Commission in a meeting held this month, enables UGC to grant licences to third-party agencies for accreditation of educational institutes. The regulation now awaits HRD Ministry’s nod. Among the new accreditation bodies will be one spearheaded by the Indian Institutes of Technology (IITs), sources told The Indian Express. The premier engineering schools, in a meeting of IIT directors held in Chennai last month, have agreed to set up a Section 8 company, which will apply for a licence under the new UGC regulation. The decision was taken at the behest of the Union government, which feels that the involvement of IITs will lend prestige to the accreditation process. The id
Read more

Valla Sadhya

-
Image
Valla Sadhya Sadya items ready to be served, clockwise from top: paayasam, bittergourd thoran, aviyal, kaalan, lime pickle, sambar; buttermilk with boiled rice in the center. Valla Sadya is a celebration in the Hindu temple at Aranmula, Kerala, India. During the festival the village conducts a snake boat race in the Pampa River, and there is a feast at the temple. The Valla Sadhya is conducted on Ashtamirohoni day.  During Valla Sadhya, Lord Krishna, the main deity worshipped in the temple, will come to take the offerings from people. The legend is that in a Valla Sadya all dishes asked for must be given to the people in order to please the lord.
Read more

Bangladesh: Govt takes up Ashrayan-3 project to shelter Rohingya refugees

-
In addition to the temporarily shelter of Rohingya refugees, the cost of construction of necessary infrastructure for the island will be BDT 2,312 crores. The project will be implemented by the Bangladesh Navy under the Prime Minister's Office of the government's priority list. Bangladesh government has taken a project called 'Ashrayan-3' for temporary housing of one lakh Rohingya people. This project will be implemented in Bhasanchar of Hatiya upazila in Noakhali district. Although Bangladesh has more than 1 million Rohingya refugees in which, more than 6,25,000 Rohingyas have fled violence in Myanmar to seek refuge in Cox's Bazar of Bangladesh, since August 25. In addition to the temporarily shelter of Rohingya refugees, the cost of construction of necessary infrastructure for the island will be BDT 2,312 crores. The project will be implemented by the Bangladesh Navy under the Prime Minister's Office of the government's priority list.
Read more