Info
Info

Indian ride hailing company Ola acquires Ridlr

News

Ola, India’s ride-hailing company has announced the acquisition of Mumbai-based Ridlr, an end-to-end public transport ticketing and commuting app.

Info

The acquisition complements Ola’s continued efforts to integrate its mobility platform with public transportation infrastructure. The integration of Ridlr will bring new opportunities for users to serve their mobility needs.

Established in 2012, Ridlr enables users to search and book public transport options on their mobile phones. Ridlr’s proprietary IoT devices bring digital capabilities to public transportation in India. Combining Ridlr’s innovations in mass transit with Ola’s mobility products will enable true multi-modal mobility solutions for users at scale. With this acquisition, Ola will bring new technology and mobility options as it works to expand into and partner with cities in India and abroad.

Bhavish Aggarwal, Co-Founder and CEO of Ola said: “Public transportation serves millions of Indians every day, and powering these needs with real-time information, mobile ticketing, cashless payments, and reliable services is bound to impact their end experience. The challenge really is to make the entire ecosystem inclusive and robust for all. Ridlr, in a short span has made huge strides in this space, and this latest acquisition lends muscle to our efforts in making transportation a far more holistic service. I am delighted to welcome the Ridlr team on board and join our mission of building mobility for a billion people."

Brijraj Vaghani, Founder – Ridlr said, “The digital technology-driven services of Ridlr and Ola are a perfect synergistic fit. We have been offering end-to-end mass transit solutions to Indians, making their daily commute seamless across different public transportation modes. Ola, on the other hand, has made deep in-roads in the realm of urban mobility through its smart ridesharing solutions. By joining forces with Ola, we are delighted to become part of an evolved ecosystem that will act as a one-stop destination for any urban commute in an affordable and seamless manner."

Ridlr’s team of 64 employees will be joining Ola. Ridlr is currently serving commuters in Mumbai and Delhi with partnerships with BEST, Delhi metro, and Mumbai metro, along with pilots in several other cities. Brijraj Vaghani, founder of Ridlr to continue leading its operations.


The Latest News, Brought To You By
Indian ride hailing company Ola acquires Ridlr
Modified on Saturday 14th April 2018
Find all articles related to:
Indian ride hailing company Ola acquires Ridlr
TaaS Technology Magazine
Info
BMW Opens Its Autonomous Driving Campus Near Munich
Uber Acquires Bike Sharing Program JUMP
HERE Technologies Opens Self-driving Car R&D Site In North America
Automobili Pininfarina, The World’s Newest Sustainable Luxury Car Brand, Launched By Mahindra
Are We Ready To Handover To Driverless Technology?
German Self-Driving Vehicle Market To Expand
Ridecell: The Future Of Mobility As A Service And How To Prepare For Autonomous Mobility As A Service
Toyota To Start Producing Batteries For Hybrid Cars In Thailand
Uber Adding Multiple Modes Of Transport Right In Their App
OVO Launches The World’s First Widely Available Domestic Vehicle-to-grid Charger
ABI Research Forecasts 8 Million Vehicles To Ship With SAE Level 3, 4 And 5 Autonomous Technology In 2025
The Volkswagen Group Makes Lisbon A Software Development Centre
MaaS Alliance: MaaS - From Hype To Delivery
Kia Introduces UVO Skill For Amazon Alexa To Enable Voice Controls
Poor Support For EV Charging Infrastructure Hampers Adoption
Volkswagen Group Testing Autonomous Parking At Hamburg Airport
EVgo And Maven Gig To Construct Fast Charging Network
World’s First Road To Recharge EVs While Driving Inaugurated In Sweden
High-tech And Lounge Appeal At The European Premiere Of The BYTON Concept
Indian Ride Hailing Company Ola Acquires Ridlr
Bosch And E.GO Bring Automated Valet Parking Parking To Aachen
Fastned Will Build And Operate Fast Charging Stations In Newcastle And Sunderland
Valeo And Japan’s NTT Docomo Partner To Develop Connected Car Services
Volkswagen Gets Into A Strategic Partnership With Japan’s Hino Motors
Info
Info
Your First Name
Your Email Address
Next »Close
 
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info