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
  • Pharmacies
    About Us: Pillstree changes the way you shop for health care..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Automobile maintanance related
    About Us: Car Mall is a one-stop shop to buy and..
    Locations looking for expansion Maharashtra
    Establishment year 2007
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 3500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: Founded in 2013, Juana Technologies Pvt. Ltd. grew as..
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Fine Dine Restaurants
    Want to run your own traditional food family restaurants? Partner..
    Locations looking for expansion Lakshadweep
    Establishment year 1974
    Franchising Launch Date 2012
    Investment size Rs. 2lac - 5lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Lakshadweep Lakshadweep
Insta-Subscribe to
The Franchising World
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