The platform has seen rapid growth in the past five months and has grown over 10x in scale. He added that Ola’s understanding of mobility and their investment to the power supply are helpful to Vogo, As we enter into our next phase of growth, we look forward to executing our synergistic vision of the future: smart and sustainable mobility for all. - Anand Ayyadurai, CEO, Vogo"With the backing of right partners, innovative solutions and nuanced market understanding, we are well-positioned to capitalise on this opportunity and create value for all", he added. “Ola is committed to building a robust mobility ecosystem in India, creating a deep impact on livelihoods and how citizens get around. Our investment in Vogo will help build a smart multi-modal network for first-last mile connectivity in the country. Vogo’s automated scooter-sharing platform, backed by Ola’s expertise in this space, can help transform our cities.” Co-founder and CEO of Ola Bhavish Aggarwal said. As of now there this great increase in the scooter sharing platform, there is also Rapido which claims to have approx 1,000 in Gurgaon, 4000 bikes in Bengaluru. Bounce which was rebranded raised $12.2 million funding by Sequoia Capital. In Hyderabad and Chandigarh Uber launched uberMOTO two years back, as per the AlphaBeta Analytics users save 38 per cent time by using uberMOTO. By this huge investment in the Vogo and access of it on the Ola app, it is quite visible that Ola has entered this fast-growing platform.
India Coronavirus Cases Update 151,767 Total 4,337 (2.9%) Deaths 64,426 (42.5%) Recovered
27 May 2020, 2:23 AM (GMT)