The largest car rental company in India Ola Cabs announced of joining former Vodafone CEO Arun Sarin as an Independent Director. Prior to joining Ola Board Arun served as a CEO of Vodafone Group Plc. Under his leadership the telecommunications major achieved gaining over 300 million customers globally, with a market capitalization of $150bn.
In a blog post Bhavish Aggarwal, Co-Founder and CEO of Ola says “Arun is a globally respected business icon. His experience in management and in growing large businesses is invaluable to us. His mentorship and guidance will help us in further driving growth for Ola.”
Ola has posted a welcome note from Sarin onto its blog and YouTube channel. Here is what he says on joining Ola’s board:
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The company was in talk with Arun for last few months and hopes his leadership will benefit to grow their business. Currently the car rental major operates in more than 70 cities in India serving more than millions of people. Ola owns the eponymous Ola brand as well as TaxiForSure which it acquired in a $200 million cash-and-share deal earlier this year.