Ola Bike expands to 150 cities
Bengaluru: Ola has expanded its two-wheeler taxi vertical Ola Bike to 150 cities as micro-mobility emerges as a popular mode of last-mile transport for consumers. The Bengaluru-based company said it wants to expand the service further in new towns and cities over the next 12 months. It is aiming to grow the vertical by three times in the next one year.
Based on different models, startups like Vogo, Bounce and Rapido are expanding aggressively as well. Ola said the two-wheeler ride sharing service has helped it entering the hinterlands of India offering a cheaper mode of on-demand transportation there. These bike rides are cheaper than the cab-rides on Ola, thus gaining popularity among users.
“Ola Bike has enabled citizens from the smallest of towns such as Chapra in Bihar to large metropolitan areas such as Gurgaon with access to quick, reliable and affordable mobility. We aim to impact over a million bikepartners in the coming year,” said Arun Srinivas, chief sales and marketing officer, Ola. At present, it claims to have about 3,00,000 such partners.