Over 10,000 London drivers register on Ola ahead of launch; Drivers to enjoy 0% commission for first two months

Ola began onboarding drivers three weeks ago and is launching in London in the New Year
Drivers will retain 100% of their earnings on Ola for the first two months after the launch
PHV drivers can log on to https://olaride.uk to complete their registration online in under 20 minutes

London, 17 December 2019: Ola, one of the world’s largest ride-hailing platforms, today announced that in just three weeks, over 10,000 PHV drivers in London have registered to drive on the platform. In addition, Ola is delighted to reveal that it has extended a first of its kind offer that enables drivers to enjoy 0% commission for the first two months after the launch, allowing them to retain 100% of their earnings from the platform. Going forward, Ola will continue to offer the best revenue share for drivers, allowing them to keep more of their earnings, in line with the company’s unique driver-centric approach.

Over the past three weeks, more than 10,000 London drivers have signed up both online and offline to drive with Ola, completing the required checks to drive on the platform. Driver documents have been verified and mandatory training modules, created by Ola, will help ensure that drivers are ready to use the platform when it launches in the coming weeks.

Ola places drivers at the heart of its operating philosophy, charging favourable commissions to allow drivers to keep more of their earnings. This means that while Ola charges competitive rates for passengers, its drivers earn more from each ride, every single day.

Simon Smith, Head of International, Ola said, “We are very pleased with the overwhelming response from drivers across London. Every interaction with drivers in the city has presented us with an opportunity to create a platform that best serves their needs, as well as those of consumers. We are also very excited that a large number of these registrations have occurred through referrals and word of mouth amongst drivers, reiterating their trust in the Ola platform and the attractiveness of our offer. We look forward to working closely with drivers in building a high quality and reliable mobility service for Londoners.”

Ola has expanded rapidly across the UK since its launch last year, operating across 27 local authorities. Cities including Birmingham, Coventry and Warwick have seen more than double-digit growth in rides in the last quarter. To date, Ola has provided around 3 million rides with over 11,000 drivers operating on the platform outside London.

All drivers on the Ola platform are PHV license holders, authorised to drive and extend their services to consumers by Transport for London (TfL). This includes mandatory verification of documents, an ‘enhanced’ criminal records check, Disclosure and Barring Service (DBS) training and medical examination amongst other TfL requirements. Drivers will also have to go through a mandatory training module from Ola that familiarises them with customer service, app and platform usage, safety features, as well as various avenues of support available to them from the company.

How to Register? Drivers who are interested to register with Ola and benefit from its exclusive launch offer can log on to https://olaride.uk to register their interest. This will be followed by a notification to upload required documents to complete their application. Drivers can also call up Ola’s 24/7 support team on 0203 972 0800 and set up an appointment for an in-person visit for any queries they may have. Once a driver has been successfully verified on the platform, they can further refer their friends and acquaintances to Ola to benefit from a referral bonus of £50 for themselves and their friend post completion of 30 bookings within 15 days of launch by the referee.

About Ola:
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, UK, Australia, and New Zealand. Ola was pleased to launch in the UK in August 2018 with operations in Cardiff, expanding to towns and cities across the UK, covering a total of 27 local authorities. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across various forms of transport, enabling convenience and transparency for hundreds of millions of consumers and over 2 million driver-partners.

Ola is committed to leading the industry with its approach to passenger safety including 24/7 voice support, options to share ride details with emergency contacts and in-app emergency features. Ola is on a mission to build mobility for a billion people and beyond!

Ola was founded in 2011 by Bhavish Aggarwal and Ankit Bhati with a mission to build mobility for a billion people. For more details, visit www.olacabs.com/media.

Contact:
Murali Sashidharan: +91 9901991060 | Murali.sashidharan@olacabs.com