Tuesday, January 26, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Ola in talks with Audi, Mercedes for subscription-based self driving

Sony T by Sony T
April 22, 2019
in Startup news
Reading Time: 2min read
A A
0
Ola in talks with Audi, Mercedes for subscription-based self driving 1
9
SHARES
135
VIEWS
Share on FacebookShare on Twitter

Ola, which is a ride-hailing platform, is now in discussions with the luxury carmakers, which even includes the Mercedes, BMW and Audi to launch a subscription-based service that is also under its self-driving offering, according to the report.

Ola has also been running a small pilot to the self-service in the Bangalore currently and is also expected to provide the service in the coming few weeks with the help of an Ola Fleet Technologies.

The company is also believed to have earmarked an investment of more than $500 Million for the self-drive service.

According to the source, the company is also in talks with some of the car makers like the Mercedes, Audi and BMW to bring up in India a model where the users can get access to the luxury cars by paying a small subscription fee.

ADVERTISEMENT

This format has also been developed in the markets like America but has given the high cost of the luxury vehicles in India; a direct to customer model may not be feasible in the country.

Ola already allows the customers to book rides in luxury cars with its ‘Kux’ offerings. In the month of October 2016, the Bangalore based company has also collaborated with the BMW for expanding the category.

The company which has also competed with the American based Uber in India and the International markets like the US, Australia has also been aggressively revamping up its rides business as well as with the food delivery operations business through the Foodpanda.

The company has also announced that the Hyundai and Kia are investing $300 million in the company.  Ola which counts some of the leading investors like the China Tencent and SoftBank Group, and had received Rs 650 crore funding from the Flipkart Co-founder Sachin Bansal in the month of February this year.

Matrix India and the Tiger Global India has also invested Rs 400 crore in the Ola electric mobility arm.

Tags: Bangalore startupsOlaself driving cars
Share4Tweet2Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

Bolo Indya
Startup news

Bolo Meets is helping content creators by monetizing their content

January 22, 2021
Mindler raises a Pre-Series-A funding round of $1M led by Inflection Point Ventures
Startup news

Mindler raises a Pre-Series-A funding round of $1M led by Inflection Point Ventures

January 19, 2021
How Cloud Computing reshapes businesses?
Startup news

Siply raises $1 million in Seed Round led by Inflection Point Ventures

January 12, 2021
HobSpace raises 1cr in Pre Series A1 from Inflection Point Ventures
Startup news

HobSpace raises 1cr in Pre Series A1 from Inflection Point Ventures

January 7, 2021
qZense, an agritech start-up secures INR 4.5 Cr seed investment
Startup news

qZense, an agritech start-up secures INR 4.5 Cr seed investment

December 30, 2020
The One-Stop Relocation Platform – HappyLocate
Startup news

The One-Stop Relocation Platform – HappyLocate

December 29, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

Why Charter Networks Are Investing Heavily in Big Data
Tech news

Best Practices Of Financial Investing: Here Is What Experts Are Saying

by Sony T
January 26, 2021
Paid VS Organic Online Traffic: Why you should use them in tandem? 2
Marketing Trends

Paid VS Organic Online Traffic: Why you should use them in tandem?

by Sony T
January 25, 2021
Alibaba Cloud Computing Now Ranked Third-Largest Infrastucture as a Service Provider
Cloud Computing

Alibaba Cloud Computing Now Ranked Third-Largest Iaas Provider

by Srikanth
January 25, 2021
How a SERP Checker Can Improve Your Search Rankings
Marketing Trends

How a SERP Checker Can Improve Your Search Rankings

by Srikanth
January 23, 2021
Meet India’s Atmanirbhar Microprocessor chip ‘Moushik’, meant for IoT devices
Internet Of Things

Meet India’s Atmanirbhar Microprocessor chip ‘Moushik’, meant for IoT devices

by Srikanth
January 22, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.