- Ola is requiring drivers to pay a security deposit of INR 5,000 to rent its ebikes for the bike taxi service. This deposit likely serves as a form of collateral.
- Ola has established daily earnings targets for its ebike taxi drivers. Drivers can earn INR 800 per day if they complete 10-14 bookings and INR 1,300 per day if they complete 15-19 bookings, providing an incentive for drivers to meet these targets.
- Ola recently relaunched its bike taxi service in Bengaluru, India, and it is now using Ola Electric’s ebikes as part of this initiative. This reflects the company’s renewed focus on offering bike taxi services.
- Ola is actively promoting the earning potential to attract drivers, claiming that drivers have the potential to earn more than INR 70,000 per month by providing bike taxi services through Ola’s platform.
- Bhavish Aggarwal, the founder and CEO of Ola, is leading the company’s efforts to expand its bike taxi service and engage drivers in the program.
- The distribution of pamphlets at onboarding centers is part of Ola’s strategy to recruit and retain drivers for its bike taxi service, presenting the security deposit, fixed earnings, and income potential as key selling points to potential drivers.