Ola’s Share Pass, a subscription feature where users can take single rides for Rs 40, has pre-sold 5 million Ola Share rides. Share Pass was launched in early October. Note that these rides have not been taken yet since the Pass provides 10, 20 and 40 rides. Ola says that peak pricing does not apply to these rides given their fixed rates. Ola Share is the online cab aggregator’s ridesharing product. The company says that a “majority of Share users” have bought a Share Pass and that the feature also had a high renewal rate.
Ola Share was launched in Bangalore, Hyderabad and Chennai and later expanded to Delhi NCR, Kolkata, Mumbai and Pune. Last month, Ola expanded Share to 5 cities and is now available in 15 cities including Mumbai, Chandigarh, Ahmedabad, Jaipur, Coimbatore, Kochi, Guwahati, Bhubaneswar and Ludhiana.
Meanwhile, Uber said that its 31% of its trips in Delhi NCR were on UberPOOL. It had first launched UberPOOL in Bangalore last September, and since then, the service has expanded to Hyderabad, Kolkata and Mumbai this June.
Ola-Trainman tie up
Trainman, an app which provides railway information, has tied up with Ola to let is users book Ola cab rides to and from railway stations and other places. This can be done via the Trainman Android app, directly from the Ola icon on the home screen, in Ola’s 102 cities of operation. Users will be able to see estimated fares, ETA and track the cab in real time. Trainman claims to have 250,000 visits on its app and website daily and has 600,000 app downloads. The app is also available in English, Hindi, Marathi, Gujarati, Kannada, Tamil, Telugu and Bengali.