Easiest way to book a cab !

Easiest way to book a cab!

INTRODUCTION :

Founders:
Bhavish Aggarwal IIT
Bombay Graduate
,initially started his career in the feild of
entreprenuership as online holiday and tour
planning service and then changed into ola cab
services which had a remarkable reach out
around the country.
Ankit Bhati-iit bombay graduate .initially
worked in many start ups before joining with
bhavish and now he is the co-founder of ola
cabs services
THE STORY BEHIND START UP OF OLA:
On a fine day bhavish had to travel from
bangalore to bandhipur and he rented a car
which turned out to be a very bad experience
as the driver stopped in between for a
renegotiation which didnt turn up (Driver's) his
way.It was that point when bhavish realised
that a quality cab service is needed by default
to the public.
It was back then in december 2010 he started
this ola cabs service with his co-founder Ankit
Easiest way to book a cab!

Bhati through which they wanted to provide an

extrodinary cab services.
Functioning Strategy :
The whole point of inventing OLA cab services
was to rent out the cars instead of buying
their own ones which is not economical for the
middle class and lower mimddle calss indians.
Here goes the founctioning ,the company has
tie ups with many taxi drivers and added
updated mordern technology for the whole set
up and that is taught to drivers to make sure
that they are aware of those technologys so
that they can operate it.
The main operation of ola cabs is to provide
cars for the people who are need in to getting
a car and roaming in a car a whole day with
the families
AQURING OF TAXI FOR SURE:
The main motto of ola is to provide the cab
service for the people who needs it ,so they
came up with a new innovative idea as
financial criteria of the people and they

Easiest way to book a cab!

started 6/- km of TATA NANO which gave a

boom up of cabs in india .
Where a 4 people in a family goes with a less
fare and can reach the destination

PRICING :
OlaCabs has raised funds from SoftBank Corp,
and other investors during two rounds of VC
finding. They also recently came up with the
plan of charging lesser than an average
autorickshaw by offering cabs at ridiculously
cheap prices of Rs.10/km.
Recently they have ventured into collaborating
with autos with a launch of OLA autos with all
same mordern technologies as cab services
.OLA auto service is the first one to provide
pick up points for autos and it runs meter but
then extra RS.10 is charged to the destination.

Competitors :
Competitors also played a key role of
reduction in prices of ola ,because a ola A

Easiest way to book a cab!

WORD should doesnt go from the mouth

of people .

UBER

declared a best price in some

major cities as 7/- km so it also influenced
to ola make a thought on TFS as 6/- km .

Meru

was the top cab services in airport

drop and pick up ola gave a best challenge
ro the meru cabs and provided ultimate
packages to the public .

Developments :
As of 2014 it was around 2 lakh cars
services provided by ola
It almost covered 100 cities in india which
is covered in short span of time of 5 years
Ola acquires TAXI FOR SURE on 1st march
2015 and all NANO cars of taxi for sure is
provided for 6/- km
Financially it took taxi for sure at 200
million dollars.
Ola did a very interesting service for the
medium class people and low class people

Easiest way to book a cab!

who are afraid of bengaluru auto-rikshaw

cheaters and introduced OLA AUTOS
Ola cab app was installed in every windows
,android & iOS ,because every employee in
any range can book a cab and can feel the
experience
Ola is giving an employment for 100s of
peoples in Bangalore .
Ola came up with the wonderful innovative
developmentsi.e OLA AUTOS ,which
helped a normal public who are afraid of
ayuto fares in Bangalore .

How many number of varieties are there in ola ?

1) CARS:

2) AUTOS:
3)OLA AIR :
Is the new innovative idea which is under the
process.
Easiest way to book a cab!

CONCLUSION:

EVERY COMMON MAN TRAVELLING

DREAM WILL COME TRUE WITH AN
OLA

Easiest way to book a cab!