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News on Medial
Ola launches all-electric parcel services in Bengaluru
Money Control
·
1y ago
Medial
Ride-hailing company Ola has introduced its parcel delivery service, 'Ola Parcel', in Bengaluru using electric scooters. The service will charge Rs 25 for 5km, Rs 50 for 10km, Rs 75 for 15km, and Rs 100 for 20km. Ola plans to expand the service across India in the coming months. The intra-city parcel delivery market already has players like Porter, Swiggy Genie, Uber, and Dunzo. Ola's rival, Uber, also launched its parcel delivery service called 'Uber Connect' last year.
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Rapido pilots cab ride hailing and hyper local delivery
Money Control
·
1y ago
Medial
Rapido, a ride-hailing platform, is expanding its services to include hyper-local parcel delivery and cab services. The company is currently testing these new features in Hyderabad and plans to launch them in Bengaluru and Chennai in the coming weeks. Rapido aims to diversify its offerings beyond auto and bike taxi services. The move comes as other players in the ride-hailing industry, such as Ola and Uber, have also ventured into the parcel delivery market.
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ETtech Explainer: How the ban on Karnataka's bike taxis affects gig workers, commuters
Economic Times
·
1m ago
Medial
The Karnataka High Court upheld a ban on bike taxis, causing commuting issues in Bengaluru and affecting gig workers' livelihoods. Ride-sharing apps like Rapido, Uber, and Ola suspended bike-taxi services, prompting concerns as commuters seek alternatives. Some apps renamed services to bypass restrictions, but companies like Rapido are negotiating with the government. The ban impacts 50,000-60,000 gig workers, with potential shifts to parcel delivery services to mitigate impacts on jobs.
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Ola launches e-bike services in Delhi and Hyderabad, announces fares
Livemint
·
1y ago
Medial
Ride-hailing platform Ola has launched e-bike services in Delhi and Hyderabad, with fares starting from ₹25 for a 5 km ride. The company plans to deploy 10,000 electric two-wheelers across three cities within the next two months and aims to have the largest EV 2W fleet in India. Ola has also set up 200 charging stations in Bengaluru to service its e-bike fleet. The move is part of Ola's vision to serve 1 billion Indians and promote nationwide electrification.
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Ola Electric launches #HyperDelivery for same-day vehicle registration, delivery
Economic Times
·
3m ago
Medial
Ola Electric has launched #HyperDelivery, a same-day registration and delivery service for its electric two-wheelers, starting in Bengaluru with plans to expand across India. Customers can now complete the process online or at an Ola Electric Store, facilitating a smooth, quick purchase experience, thanks to AI automation and in-house registration. This initiative aims to enhance customer satisfaction, despite the company facing scrutiny over vehicle registration discrepancies and trade certificate compliance issues.
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Ola Electric subsidiary resolves insolvency dispute with Rosmerta Group
Entrackr
·
3m ago
Medial
Ola Electric subsidiary resolves insolvency dispute with Rosmerta Group The dispute began when the Rosmerta Group filed insolvency petitions on March 16 under Section 9 of the Insolvency and Bankruptcy Code. Ola Electric Mobility Limited has settled a legal issue involving its subsidiary, Ola Electric Technologies Private Limited, and its vehicle registration service provider, Rosmerta Digital Services Ltd. In a recent update to the National Stock Exchange (NSE) and BSE, Ola Electric said that all outstanding payments have been cleared. As part of the agreement, Rosmerta has asked the National Company Law Tribunal (NCLT) in Bengaluru to withdraw the case. Ola Electric also stated that there are no further disagreements between the two parties and reaffirmed its commitment to strong business partnerships and the timely resolution of any future issues. "With the receipt of INR 26,75,24,339/- which consists of the entire claim raised before NCLT, Rosmerta Group companies are withdrawing its petitions before the NCLT, Bengaluru," said a Rosmerta Digital spokesperson. "No further causes of action exist between Rosmerta Group and Ola Electric, whose relationship shall now be governed by the Settlement Agreement executed between them." The dispute began when the Rosmerta Group filed insolvency petitions on March 16 under Section 9 of the Insolvency and Bankruptcy Code. The petition was filed with the NCLT Bengaluru Bench, claiming that Ola Electric Technologies Pvt Ltd had not paid for services provided by the creditor. It requested the court to start insolvency proceedings against the company. Last month, Ola Electric said it sold over 25,000 electric two-wheelers in February 2025, maintaining its 28% market share in the segment. However, the sales numbers on Vahan — a government database managed by the Ministry of Road Transport and Highways — did not match the company’s claim. Ola Electric clarified that the mismatch was due to ongoing negotiations with its vehicle registration vendors. The company said the backlog caused by the data mismatch has been cleared, but the government has requested more information on the matter.
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Ola restarts bike taxi operation in Bengaluru, goes all electric
Money Control
·
1y ago
Medial
Ride-sharing firm Ola has announced the restart of its bike taxi services in Bengaluru. This time, they will exclusively use Ola Electric's S1 scooters. The pricing is set at Rs 25 for 5km and Rs 50 for 10km, positioning it as a cost-effective and environmentally friendly mode of transport. The move comes amidst discussions of a potential ban on bike taxis due to concerns over rider safety and the promotion of electric vehicles. Ola aims to expand its electric bike taxi services to other cities in India in the coming months.
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Rapido To Fully Electrifying Its Delhi’s Bike Taxi Fleet By Next Year
Inc42
·
10m ago
Medial
Rapido has formed partnerships with OEMs and fleet operators, including Zypp Electric and Gogoro, to support the Delhi government's objective of electrifying all bike taxis by 2030. This move comes as a response to the significant pollution issue in the city. Ola Cabs also recently relaunched its bike taxi service in Bengaluru, utilizing electric scooters.
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Rapido, Ola, Uber change bike taxi to parcel delivery service on app
Economic Times
·
1m ago
Medial
Ride-hailing platforms Rapido, Ola, and Uber have shifted their bike taxi services in Karnataka to courier services after a high court ban. Uber renamed its bike-taxi option to "moto courier," while Rapido and Ola introduced parcel delivery options. The move aims to comply with the directive and sustain operations. However, there are concerns about transparency and potential job risks for gig workers, impacting 50,000-60,000 individuals in the state.
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IPO-bound Ola Electric hires former Byju’s senior executive Jitesh Shah to lead after-sales
Economic Times
·
1y ago
Medial
Jitesh Shah, former business head of Byju's exam prep and Aakash digital businesses, has joined Ola Electric as the head of its after-sales and services division. He is responsible for expanding Ola's service centers and fast-charging network, as well as extending the warranty on new scooter sales. Ola Electric plans to grow its charging network to 10,000 fast-charging points and increase its service centers from 400 to 600 by April 2024. They have already extended the warranty for all scooter variants to 80,000 kilometers or 8 years. Ola Electric aims to maintain its market share in the two-wheeler market by enhancing its after-sale services.
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Ola applies for licence to operate e-bike taxis in Karnataka
Economic Times
·
1y ago
Medial
ANI Technologies, the parent company of Ola, has applied for a license to operate an electric bike taxi service in Bengaluru and other towns in Karnataka. The state allows EV two-wheelers to be used as bike taxis under its Electric Bike Taxi Scheme, 2021. Ola's founder, Bhavish Aggarwal, recently announced the re-launch of Ola Bike, a two-wheeler taxi service that will use electric scooters. The move is aimed at expanding ride-hailing services in smaller towns and promoting environmentally friendly transportation options.
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