Ola has started to expand its operations globally and eye for an IPO in the next few years.

This move comes after the effect of pandemic and aims to improve the cleanliness of their cabs.

The accretion of a new range of disinfectants from the market is the ride-hailing giant’s ultimate effort to bring drivers and passengers together by improving their hygiene standards and enhancing their cleanliness protocols.

For any app like Ola, the top priority is to offer safe mobility solutions while venturing out.

The total number of bookings dropped by 75% compared to last year.

Due to its stringent cost cutting measures and an efficient balance sheet, Ola was able to adjust their losses to some extent after paying interest, taxes, depreciation, and amortization.

The taxi industry is showing massive progress in its growth, and taxi users are increasing every day at an exponential rate.

With the advent of taxi businesses Ola and Lyft, hiring taxi has become affordable and simple, allowing users to commute with comfort.

Before stepping foot in the ever-evolving taxi sector, you need to have a basic study of the industry to stand out from the competitors.

They had a simple business structure that does not complicate the ride-hailing process.

Whenever their users had a problem with either using the app or booking their car rides, the giants listened to them with rapt attention and provided instant solutions for their issues.

Listening to the problems of customers, helping them to resolve it builds trust among your target audience.Simple and scalable infrastructure :A significant reason for the success of taxi businesses Ola and Lyft is that they go for a simple yet efficient infrastructure.