Ola Slashes ‘Share’ Fare by 45 pc, Expands to 3 New Cities 

New Delhi: Taxi aggregator Ola has slashed fares of its ‘Share’ offering by up to 45 per cent and expanded this service to three more cities.

Ola has reduced fares across 7 cities where ‘Share’ is available. The highest reduction has been done in Mumbai and Bengaluru, where the fare has been revised to about Rs 3 per km. Ola’s Share service is also available in Delhi, Hyderabad, Chennai, Kolkata and Pune which will see effective rates coming down to around Rs 3 per km.

Ola’s US based rival Uber also has a similar offering under ‘Uber Pool’. Ola has expanded ‘Share’ services to Chandigarh, Jaipur and Ahmedabad, taking the total number to 10 cities. The reduced fare will also be applicable in these cities.

Shared mobility is one of the key focus areas for Ola as it enables far reaching benefits like reduced pollution and congestion-free roads.

While the company did not disclose the number of rides taken through Ola Share, it said the offering has helped save upwards of 48 lakh kilograms of carbon emissions along with over 20 lakh litres of fuel in the last 8-10 months.

PTI