Ola Share Sees 500 Percent Growth in 1 Year

Delhi-based cab aggregator Ola on Monday announced that its shared mobility offering Ola Share has registered 500 percent growth in the last one year.

Delhi, Bengaluru, Mumbai, Hyderabad and Kolkata emerged as the biggest users of Ola Share. The company claims that since its inception, Ola Share has effectively saved over 7 million litres of fuel and reduced CO2 emissions by over 12 million kilograms.

Vishal Kaul, COO at Ola said, "Ola Share is one of our flagship products and is poised to bring down traffic congestion on roads, which means that people in our cities will spend less time in traffic. We have seen a high uptake for the category on both the customer as well as the driver partner side, that has been a key element in its success."

Kaul added, "Cities such as Delhi, Bengaluru, Mumbai, Hyderabad, and Kolkata are the biggest users of Ola Share, and to keep the momentum going, we are selling Share Pass at a flat Re. 1 in all our Ola Share cities. Share Pass, one of our recent and most popular product innovations, has seen phenomenal growth since its launch in November last year. Currently, Share Pass has already pre-sold 20 million+ Ola Share rides."

The company is encouraging commuters to share their rides by selling "Share Pass", a subscription product that allows customers to take Ola Share rides at a flat fixed price at Re. 1 starting from June 5 to June 11.

Written with inputs from IANS