Ola Signs MoU with Government of Haryana to Create 10,000 Entrepreneurs in the State

• Ola to work with the government to bring customised mobility solutions like Ola Auto, Ola Share, Ola Shuttle, Ola Bike and more across the state

• Partnership to bring more skilled professionals in Haryana’s transportation sector

Ola, India’s leading mobile app for transportation, has signed a Memorandum of Understanding (MoU) with the Government of Haryana, to create over 10,000 entrepreneurs in the state. As part of the MoU, Ola will invest Rs. 350 crores over the next five years to skill and train thousands of men and women and help them take their first step towards entrepreneurship. Ola will also work with the state government to introduce innovative and customised mobility solutions like Ola Auto, Ola Bike, Ola Share and Ola Shuttle across the state. Ola will further build for local mobility needs using its technology to serve citizens across Haryana, giving them instant access to reliable and convenient mobility.

Shri Sudhir Rajpal, Managing Director, HSIIDC said, “Haryana is developing at a rapid pace. Our government recently introduced the ‘enterprise promotion policy’ for ease of doing business here. Ola's commitment to building mobility for citizens by using cutting edge mobile technology and by enabling entrepreneurship and skilling will be invaluable for the state’s growth. We are confident that our partnership with Ola will further accelerate government’s efforts of pumping the economic development of the state with a focus on skilling and creating entrepreneurial opportunities for tens of thousands of men and women across the state.”

One of states with the highest per capita income in the country; Haryana is banking on technology and skill development amongst the youth for further development in the region. It is through focused training and skilling initiatives with the involvement of the Government and private enterprises like Ola, that men and women in the state can realise their entrepreneurial dreams. Once trained, these individuals stand to benefit from Ola’s technology platform. Driver partners working with Ola across India have seen their incomes grow by as much as 40%. In fact, more than 70% of the drivers associated with Ola are entrepreneurs themselves.

Pranay Jivrajka, Chief Operating Officer at Ola said, “We are proud to partner with the Government of Haryana to create more than 10,000 entrepreneurship opportunities across the state. To this end, we are planning to invest over Rs. 350 crore in Haryana over the next 5 years. We will work with the government to train and provide the right skill set to thousands of men and women across Haryana and help them take their first step towards entrepreneurship.” Pranay further added, “We will also improve access to mobility in cities across the state by bringing on-board innovative transportation use cases like Ola Auto, Ola Share, Ola Shuttle, Ola Bike and many more, to complement the existing urban transportation system in Haryana.”

Ola is currently present in five cities in Haryana including Gurgaon, Faridabad, Panchkula, Kurukshetra and Ambala and plans to expand its services in the region further. Ola’s portfolio of smart commuting solutions including multiple options in cabs, Ola Auto, Ola Bike and shared mobility solutions like Ola Share and Ola Shuttle are immensely popular amongst citizens across the state.

About Ola

Founded in Jan 2011 by IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati, Ola (formerly Olacabs), is India’s most popular mobile app for personal transportation. Ola integrates city transportation for customers and driver partners onto a mobile technology platform ensuring convenient, transparent and quick service fulfilment. Ola is committed to its mission of building mobility for a billion people. Using the Ola mobile app, users across 102 cities can book from over 4,50,000 vehicles across cabs, auto-rickshaws and taxis. Ola has also introduced a range of shared mobility services on its platform like Ola Shuttle and Ola Share for commute and ride-sharing respectively. The app is available on Android, iOS and Windows platforms. In early 2015, Ola acquired TaxiForSure, India’s second largest cab aggregator, which continues to operate as an independent brand.

For more information, please visit https://www.olacabs.com/