Australia has a new ride-share company in its market. Ola, an Indian company, has launched in Sydney, a few weeks after launching in Perth.
Ola was founded in 2011 and has a massive offering with over 125 million users, however until this year, that offering had been limited to just India, with the company picking Australia as its first foray into international markets.
The ride-sharing startup’s parent company ANI Technologies has raised $US3 billion ($3.7 billion) in funding since launch.
“We are excited to officially start operating on the east coast with the launch in Sydney. We’ve been very pleased with how the service has been received by customers, driver-partners and the community in Perth, and can’t wait to continue building on these experiences and learnings for our launch in Sydney,” Ola vice president and head of international Chandra Nath said in a statement.
Read more here
Join us in Miami from the 20th to the 22nd of June for the Global Online Marketplaces Summit. Our summit theme is INNOVATION and we’ll hear from Global Leaders who are creating the Online Marketplaces of Tomorrow.
