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OLA DRIVER INCOME
Everyone mocked him for becoming Ola driver after rejecting Rs 25 lakh job offer. Today, his income has the same relatives saying they're 'proud'An MBA graduate turned down a lucrative corporate job offer worth Rs 25 lakh per annum and chose to become an Ola cab driver instead. The d...- Ola Consumer turns free cash flow positive in H2 FY26 post biz rejigIndia's oldest cab aggregator, Ola Consumer, has achieved free cash flow positivity in the second half of FY26, marking a significant turna...
- Ather Energy quarterly revenue goes past Rs 1,000 crore in Q4, riding on family scooter RiztaAther Energy achieved its best financial year in FY26. The electric two-wheeler maker sold 2.63 lakh units, a 69% jump. Revenue grew 63% to...
- MBA guy becomes Ola driver, ignores 'padhai barbaad' taunts after quitting Rs 25 LPA job. Now, after 3 years, earns Rs 6.5 lakh monthly from 12-car businessAn MBA graduate’s unconventional career move is sparking debate online after he quit an Rs 25 LPA corporate job due to frustration and lack...
- Ola launches zero percent commission model across India; drivers to keep entire fare earningsHowever, according to Shaik Salauddin, founder president of the Telangana Gig and Platform Workers Union, before the ride, the drivers have...
- Ola rolls out zero per cent commission model nationwide, allows drivers to retain full fare earningsOla has introduced a zero per cent commission model across India, allowing over a million drivers to retain their full earnings without any...
- Ola plans Bengaluru EV cab service pilot with 1,000 carsOla’s rival Uber also recently started an EV cabs pilot in Delhi.
- Ola launches fund for the driver community; Bhavish Aggarwal to forgo 1-year's salaryThe proceeds of the fund will help towards the welfare and upliftment of drivers and their families who have been affected by the restricti...
- Softbank-backed Ola seeks relief for drivers and taxi firms in IndiaOla is also seeking the government's help to secure a 12-month "holiday" on car loan repayments to ease the pressure on drivers and set up ...
- Ola offers coverage of up to Rs 30,000 for coronavirus affected driver-partners, familiesThis will include hospital and home quarantine prescribed by a qualified medical practitioner, as approved by the Government norms from tim...
- Ola rejigs commissions to retain driversIn 2018, the incentive structure was based on different targets for drivers with no standardisation. SoftBank-backed Ola has been trying to...
- Ola, Uber strike in Mumbai likely to end on Tuesday, 80% of drivers' demands metMumbai has 35,000-40,000 drivers across Ola and Uber, and the city contributes about 15% of total revenues for both the companies.
- Ola, Uber fares went up by 15% in last one yearThe figures are a national average, and the actual changes may be different for different cities. Bengaluru users have reported significant...
- Uber, Ola strike hits Delhi and Mumbai ridersBetween 50-80% of cabs in the two cities remained off roads on Monday.
- Dwindling income for Ola and Uber drivers behind growing discontentAccording to the cab aggregators, the incentive pattern adopted earlier was never permanent.
- Hyderabad’s young professionals turn part-time cabbies to pay EMIsWith monthly instalments for their car loans burning a hole in the pockets, scores of them are now signing up with cab-aggregator Ola to su...
- Ola, Uber cut driver pay by a third in 1 yearIncentives for drivers emerged as a major draw in the last few years, helping Ola and Uber shore up supply. But these subsidies have seen a...
- Uber, Ola slash driver sops by 40% in March quarter"Declining incentives might be decreasing the driver satisfaction and incomes, but the monthly take-home income of online drivers is still ...
- Jolt for Ola, Uber as banks decide to stop disbursing loans to driversBankers who spoke to ET believe the defaults are higher among drivers on Ola as they accept more payment by cash compared with those drivin...
- Uber, Ola drivers hit hard by falling incentivesFrom as high as Rs 70,000 to Rs 1 lakh per month, incomes of cab drivers associated with cab aggregators have dropped to Rs 40,000-50,000 a...
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