Ola Cabs to introduce 3,500 new taxis in Kolkata


Posted on 26th Mar 2015 05:41 pm by mohit kumar

Kolkata, March 26 (IANS) Indian car rental aggregator firm Ola Cabs on Thursday said it is planning to increase its driver sign-ups in Kolkata from the current 1,500 to 5,000 in the coming three months.

"In the coming three months, our aim is to increase the number (of driver sign-ups) to 5,000 from the present 1,500," the company's head of strategic initiatives, Puneet Singh Arora, told media persons here.

The increase of the new sign-ups will result in addition of new 3,500 cabs meant for car rental in the city.

He said the car rental firm does not own the cars but signs-up with the drivers who are the actual owners of the cars. The company operates its services on a revenue sharing model.

It also has an auto-rickshaw rental service in seven cities.

"Nationally, we have over one lakh driver sign-ups, of which 80 percent are cars including sedans and hatchbacks and the rest 20,000 comprises of auto rickshaws," he said.

Arora said the organised car rental market in India is still at a nascent stage and comprises only 10 percent of the car rental market.

Asked if the company is considering launching auto-rickshaw rentals in Kolkata or expand to other cities, Arora said, "We consider introducing new services based on the city's requirements."

An official in the company said it is growing by 40 percent on a month-on-month basis and wishes to retain the momentum.

0 Like 0 Dislike
Previous news Next news
Other news

Offices will open with 50 percent employee capacity; LG turns down a proposal to end the weekend curfew

The weekend curfew, which lasted for 55 consecutive hours in Delhi from 10 pm on Friday to 5 am o

Covid-19 New Variant: BA2.86 joins the list of 'Variant of Monitoring', know some major symptoms of Corona

Covid-19 New Variant: The worldwide devastation caused by the coronavirus has completely changed

Vladimir Putin: President Putin met with the head of the Wagner Group, confirmed by the Kremlin; Know what happened so far

Russian President Vladimir Putin met with the head of the Wagner Group, Yevgeny Prigozhin. The Kr

UPSC Preparation Tips: If you want to go to civil service, then prepare like this without coaching, read important tips

UPSC Preparation Tips: Who does not dream to crack the Union Public Service Commission/UPSC exam?

Instagram's server stopped once again, Hi-Hello nothing is happening Send

Instagram Down: Instant messaging app Instagram is down once again. People are not able to send m

UK virus reaches India: 6 patients infected with new strain found, corona spreads 70% faster

A new strain of coronavirus has also reached India. Here six viruses have been found in this viru

Bhavya Roy: Who is the abusive lady of Noida? Know the full story and what happened in this case so far

A video of a posh society in Noida is going viral since this morning. In this, a woman is seen ab

US ready to supply ventilators to countries in need, says Donald Trump

राष्ट्रपति डोनाल्ड ट्रम्प ने शुक्रव

Rahul Gandhi: Controversy over Rahul Gandhi's visit to Vietnam, BJP called it an insult to late former Prime Minister Manmohan Singh

The war of words between BJP and Congress, which began after the death of former Prime Minister D

Infosys Shares Price: Bad news for Infosys investors, shares fell up to 15 percent; Q4 earnings did not benefit

A piece of bad news has come for the investors of the IT company Infosys. Shares fell nearly 15 p

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash