Mahindra partners with Ola to increase vehicle sales

Mahindra and Mahindra has signed a MoU with Ola to enter into a partnership that aims to enrol 40,000 driver partners across India by 2018. With this partnership, Mahindra and Mahindra is targeting a business of over Rs 2,600 crore from vehicle sales and financing.

In an official release, the Mahindra and Mahindra has stated, "This unique alliance seeks to encourage micro-entrepreneurship amongst drivers. The two companies will also be looking at various other sectors where a joint collaboration can happen to introduce new-age mobility...

Updated Date: Sep 08, 2016 20:29 PM

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