• Friday, April 19, 2024

Business

Ola launches in London with over 25,000 drivers signed up

In this photograph taken on September 12, 2019, an Ola cab driver picks up a passenger at a roadside in Amritsar. – When India’s Finance Minister Nirmala Sitharaman September 10 claimed millennials’ preference for ride-hailing apps was contributing to a painful slump in car sales, it sparked a online backlash from furious youngsters. While data shows ride-hailing firms such as Uber and Ola are popular with younger consumers more comfortable with shared mobility and digital trends, analysts say the auto industry’s problems run deeper than that — and it is facing more serious bumps in the road. (Photo by NARINDER NANU / AFP) / TO GO WITH ‘INDIA-TRANSPORT-AUTOMOBILE-ECONOMY’, FOCUS BYGLENDA KWEK WITH ARCHANA THIYAGARAJAN (Photo credit should read NARINDER NANU/AFP via Getty Images)

By: Sarwar Alam

Indian ride-hailing company Ola launched its services in the UK capital on Monday (10), with over 25,000 drivers registered on its platform.

The Bengaluru-headquartered company said it is fully operational in London across three categories of Comfort, Comfort XL and Exec ride classes and said its focus would be on drivers, safety and a collaborative approach with local authorities and regulators.

“We are thrilled to now be live in London. This is a major milestone for our business and represents the next step in our ambitions to connect people in cities throughout the country,” said Simon Smith, Head of Ola International.

“We are proud of the progress Ola has made in the UK and we look forward to building on our success by offering a differentiated service to Londoners, focused on quality, safety and reliability,” he said.

The company, which entered the UK market in 2018 starting with Wales and then south-west England, said its London drivers joining the platform will benefit from six weeks of zero commission and market-leading commission rates thereafter, so they can keep more of their earnings.

The company said: “Ola”s commission commitment ensures drivers always receive the best commission rate in each market.

“Ola will continue its collaborative approach with Transport for London and local authorities, as well as its clear focus on safety, drawing on industry-leading and global best practices.”

Ola also unveiled three partnerships aimed at driver standards across the market as it teamed up with DriveTech (Part of the AA), Mercer and Pearson in “ground-breaking initiatives” to offer Ola riders in London the highest standard of driving skills, and driver customer service and communication.

Ola”s partnership with DriveTech will involve their driving risk assessment to improve the level of driving skills and knowledge of all drivers on Ola in London.

Each driver has completed a risk assessment and is given complimentary E-Learning modules to further accelerate their professional development. On completing these modules, they will receive a DriveTech Permit to Drive, attesting to their skills.

In addition, every Ola driver in London has passed the Versant spoken English test, from education experts Pearson plc, ensuring a high level of communication in English.

They have also successfully completed Ola”s Customer Service Test, developed with global selection experts Mercer, ensuring they have the skills and mindset to deliver a great experience to their passengers.

“Ola is raising the standards of safety in the UK ride-hailing industry and bringing global best practice to the market.

“In a number of pioneering moves for the UK, Ola is launching its flagship global safety feature, ‘Guardian’, which uses AI and machine learning to automatically detect irregular vehicle activity, a ‘Start Code’ feature to ensure customers and drivers are correctly matched, 24/7 voice support for riders and drivers, and a cap of six penalty points for drivers on its platform,” the company said.

To celebrate its London launch, Ola said its first few passengers will benefit from up to 25 pounds worth of ride vouchers for signing up in the first week after launch.

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