Ola follows Uber, slashes its 'share' service fare by 45%, expands to 3 new cities

New Delhi: Taxi aggregator Ola has slashed fares of its 'Share' offering by up to 45 percent and expanded this service to three more cities.

Ola has reduced fares across 7 cities where 'Share' is available. The highest reduction has been done in Mumbai and Bengaluru, where the fare has been revised to about Rs 3 per km.

Reuters

Reuters

Ola's Share service is also available in Delhi, Hyderabad, Chennai, Kolkata and Pune which will see effective rates coming down to around Rs 3 per km.

Ola's US based rival Uber also has a similar offering under 'Uber Pool'.

Ola has expanded 'Share' services to Chandigarh, Jaipur and Ahmedabad, taking the total number to 10 cities.

The reduced fare will also be applicable in these cities. "Shared mobility is one of the key focus areas for Ola as it enables far reaching benefits like reduced pollution and congestion-free roads. We are constantly working to upgrade this experience for users as well as the driver-partners," Ola CMO and Head of Categories Raghuvesh Sarup said in a statement.

He added that use of technology to optimise same route sharing has ensured that a majority of its rides are fully occupied and on-route deviation time is minimal.

"This helps Ola Share in becoming the most eco-friendly and pocket friendly ride...With immense demand for the service and improved matching rate, we have been able to bring down fares to as low as Rs 3 per km," he said.

While the company did not disclose the number of rides taken through Ola Share, it said the offering has helped save upwards of 48 lakh kilograms of carbon emissions along with over 20 lakh litres of fuel in the last 8-10 months.


Updated Date: Sep 26, 2016 17:26 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See