Ola store Current Affairs - 2020
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App based Cab service provider Ola has made entry into on-demand grocery delivery service by launching a new app named ‘Ola Store’.
- App promises to deliver all groceries from the local vendors within 60 minutes at the door step of the customers.
- Initially launched for Android users and will soon be launched for iPhone.
- Initially this service will be available only in Bengaluru between 9 am to 11 pm.
- Peppertap and Grofer currently provide on-demand grocery delivery service like Ola Store.
Ola initially started as cab service provider mobile app launched in 2010 by Bhavish Aggarwal (currently CEO) and Ankit Bhati. Today it runs total 2 lakhs cabs in over 200 cities in India.
Daily more than 150,000 bookings are placed and commands 60 percent of the market share in India.
Note: Recently on 1st March 2015, Ola acquired TaxiForSure for $ 200 million, later its service was also available on Ola mobile application. It is already in food delivery service under name Ola Café.