Online cab aggregator Ola has slashed fares for Ola Auto in Ahmedabad and Indore by 50% each. Ahmedabad users can get an Ola Auto for Rs 4 per km and at Rs 5 per km in Indore. This move comes after the company saw an increased demand and revenues for drivers in both the cities. In the statement, Nitesh Prakash, Senior Director of Operations, said, “.. This price revision has been possible since we have been able to achieve efficiency from the scale of operations..” For Indore, Prakash added, “.. Within just two months of our launch, our auto driver-partners have witnessed an increase in their revenue through better utilization and more paid runs, and hence, we are able to pass on the benefits of this scale to our customers.” 5,000 autos in Ahmedabad and Indore Ola had launched Auto in Ahmedabad in 2015 and claims to have 3,500 autos registered on its platform in the city. It has also launched a new billing system to record the trip details like time, distance travelled and fares, which will be sent to the registered email ID of the user after the trip. The city, according to Ola, is one of its top markets for Autos. In Indore, Ola was introduced in December 2015 and has 1,500 autos in the city. Also read: Ola partners with MapmyIndia for mapping data Ola claims that users can get an auto from the app in under or up to 5 minutes. It adds that the…
