Hotline: 1800 102 2007
X
Search Business Opportunities
Apr, 22 2019

Ola in talks with Audi, Mercedes to launch self-drive subscription-based service

The homegrown ride-hailing app is trying to bring a subscription-based model in India, where users can get access to luxury cars for a subscription fee.

Ola is in discussions with luxury carmakers like Audi, Mercedes and BMW to launch a subscription-based self-driving service. The homegrown ride-hailing app is trying to bring a subscription-based model in India, where users can get access to luxury cars for a subscription fee.

Currently, Ola is running a small-scale pilot of the self-drive service in Bengaluru. It is expected to introduce the offering in the next few weeks through Ola Fleet Technologies. The company has also earmarked an investment of up to $500 million for the self-drive service.

Such subscription-based self-drive services are available in developed markets like the US but given the high cost of luxury vehicles in India, it does not make it viable in a direct-to-customer model.

The ride-hailing platform sees a lot of potential in bringing this model to the country given its scale of operations across multiple categories and cities.

Comment
image
Related opportunities
  • Preschools
    About Us: Early childhood education or pre-schooling has emerged as a..
    Locations looking for expansion Maharashtra
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 1600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • Multi Cuisine Restaurant
    About Us: Established in 1994, Tomato's, a venture of Ahura Restaurants..
    Locations looking for expansion Ahmedabad
    Establishment year 1994
    Franchising Launch Date 2011
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Prahaladnagar Ahmedabad
  • Juices / Smoothies / Dairy parlors
    About Us: We are likely to bring about a revolution in..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 35
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Beauty Salons
    Studio99 – Unisex Salons & Spa A journey from Coffee Shop..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities