Update: Ola has launched Ola Share, a ride sharing service in beta, which will apparently match users from ‘social groups’ like people from the same workplace, friends from college etc. This service will be available for select users in Bangalore and 5 other cities over the next 3 months. In Bangalore, users will have to pay an introductory fare of Rs 50 for any number of rides, according to the company’s statement. Note that these users will also have the ability to ride with other unknown users. They will also be able to join multiple groups and be matched with other users in groups while requesting a ride. Ola said that this will help in decongestion of traffic, pollution and sustainable transport. Ola Share will appear as a separate category in the Ola app, and 3 people will be able to share the service. It claims that its drivers’ revenue is likely to increase up to 50% by taking continuous rides. Earlier: Online cab aggregator Ola is planning to launch its own ridesharing service, probably to be known as Ola Share, an Ola source confirmed to MediaNama. Ola hasn’t responded to our query about the service yet and we’ll update this article when and if we hear from them. Note that two days ago, Ola’s rival Uber announced that it would roll out its car-pooling product UberPOOL in Bangalore in beta by October. Although Uber had not locked down on UberPOOL’s pricing, it said that users could save up to 50%…
