Tuesday, July 23, 2024
Outlook India
Outlook Business

Ola Cabs

This is the second time in two months when US-based Vanguard has slashed the valuation of the Bengaluru-based Ola which is preparing to go public

Krutrim can understand 22 Indian languages and works in about 10 languages including Marathi, Hindi, Bengali, Tamil, Kannada, Telugu, Oriya, Gujarati, and Malayalam

Ola said it aims to simplify the payment process for users by eliminating the need for third-party payment apps

The day was themed, ‘AI Powered India: Vision And Reality’

The Bengaluru-based ride-hailing start-up had challenged the state high court's refusal to grant a license to operate bike taxi or rickshaw services

Chasing profitability, the start-up has also shut down verticals including infotainment service Ola Play, used-cars platform Ola Cars, and quick-commerce vertical Ola Dash

These complaints also resulted in authorities asking these companies and auto drivers to stop their operations. Hence, a meeting has now been planned to address the public’s need

It announced this move following several complaints of app-based aggregators overcharging for rides