Modi-fied Erick­shaw

Ola ex­pands plat­form to in­clude er­ick­shaws in NCR

The Economic Times - - Disruption: - Our Bureau

New Delhi: Af­ter ex­pand­ing into bike taxis re­cently, Soft­Bank-backed taxi ag­gre­ga­tor Ola has now ex­panded its plat­form to in­clude er­ick­shaws. The com­pany has started book­ing of er­ick­shaws in the Na­tional Cap­i­tal Re­gion with 5,000 rick­shaws. The rick­shaws are be­ing pro­vided in partnership with Bhar­tiya Mi­cro Credit (BMC) and will be de­ployed across Delhi, Gur­gaon, Noida, Farid­abad and Ghazi­abad. Go­ing for­ward the com­pany plans to fur­ther scale up its of­fer­ing to in­clude ex­ist­ing er­ick­shaws as well as add new ca­pac­ity to the pool. The com­pany is bet­ting on small towns and Tier-3 cities to scale up this ser­vice since a ma­jor­ity of the de­mand for er­ick­shaws is es­ti­mated to come from these cen­tres. The com­pany will charge a 10% com­mis­sion from the rick­shaw ped­allers. It will, how­ever, not charge any con­ve­nience fee from users as is the case with au­torick­shaws. While the fare will dif­fer from city to city, users will have to pay .₹ 25 for two kms and .₹ 8 per km for the fol­low­ing dis­tance.

The ser­vice is likely to be­gin from next week in NCR. The ser­vice was flagged off by Prime Min­is­ter Naren­dra Modi dur­ing the Stand Up In­dia event in Noida on Tues­day.

PM Naren­dra Modi flagged off the ser­vice dur­ing the Stand Up In­dia event in Noida

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