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Ola Partners With Shriram Group To Ease Financing For Drivers Buying CNG Cars

Ola
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Ola, currently India’s largest taxi hailing app firm, has today announced its partnership with Shriram Automall India Limited and Sriram Transport Finance Company Limited to make financing easy for drivers.

With this partnership, the drivers will benefit from efficient exchange mechanism and optimum price advisory for their old cars through Shriram Automall as well as attractive finance schemes with convenient repayment options from Shriram Transport Finance Company.

Under this offer, the company is expecting thousands of drivers in Delhi to exchange their diesel vehicles for CNG vehicles over the next few months under this scheme. This initiative from the company is a part of series of partnerships under Ola Green Pragati campaign to create a favorable ecosystem for CNG adoption amongst drivers in Delhi.

With Ola’s existing tie-ups with leading car manufacturers like Maruti, Hyundai, Mahindra and Toyota, the entire process for drivers, right from selling their old car to buying a new CNG vehicle will now be seamless.

Pranay Jivrajka, Chief Operating Officer from Ola said,

We are committed to ensuring CNG adoption on our platform in the state of Delhi. Over the past few months we have come up with various initiatives to increase the number of CNG vehicles on our platform, to ensure consumers have access to mobility within minutes at all times. At the same time, these partnerships have gone a long way in protecting the interests and livelihoods of tens of thousands of driver entrepreneurs in the state, giving them the benefit of smooth transition on the platform. We urge citizens and driver-entrepreneurs in the city to continue their commitment towards a cleaner and greener Delhi, as we bring together more such partnerships benefitting drivers and users alike.

Sameer Malhotra, Chief Operating Officer from Shriram Automall India Limited, said,

We are happy to be associated with Ola in enabling drivers of Delhi to adopt CNG. We are creating a marketplace for old diesel vehicles through our transparent and dedicated disposal platforms (i.e., Physical & Online Bidding, Private Treaty & Onestop Classified Kiosk) which will enable drivers to dispose their vehicles with ease and derive fair deals. We also strive to make available optimum price advisory for their existing vehicles as well as expedite attractive financing options through Shriram Transport Finance Company allowing them to immediately purchase new CNG vehicle(s). Ola’s cutting edge technology and focus on the ecosystem to promote CNG adoption in the state of Delhi is indeed commendable.

Founded in January 2011 by Bhavish Aggarwal and Ankit Bhati, Ola is currently India’s most popular mobile app for personal transportation. It integrates city transportation for customers and driver partners onto a mobile platform for convenient, transparent and quick service.

Using the Ola mobile app, users across 100+ cities can book from over 2,50,000 cabs, 65,000 auto rickshaws, Kaali Peeli taxis and yellow taxis on its platform. The app is available on Windows, Android and iOS platforms.


 

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