The company is running an internal pilot under ‘Ola Drive’ to test it before extending it to customers (File P... Read More

BENGALURU: App-based aggregator Ola will soon launch its self-driven car rental service in Bengaluru. It recently received the licence for the service.

The company is running an internal pilot under ‘Ola Drive’ to test it before extending it to customers. The firm is looking at launching it nationwide later. Ola is expected to offer these cars on short-term rental, longterm subscription and corporate leasing models.

It’ll be the latest offering in this segment which has firms like Drivezy, Zoomcar and Myles. Ola is likely to deploy over 10,000 cars, including hatchbacks, sedans and SUVs. Users will be able to lease both intracity and inter-city cars from pickup and drop points.

Company sources confirmed that Ola would invest over $500 million in this business over the next two years. An Ola spokesperson said: “Launching a self-drive service is a natural extension for Ola.”

