Money

Ola Cars to hire 10,000 people, eyes $2 bn GMV in next 12 months

Ola Cars claimed it has already sold 5,000 pre-owned cars in its first full month of operation.

Written by : TNM Staff

Mobility platform Ola on Thursday, October 21 said it plans to hire 10,000 people, as it eyes a market leadership position with $2 billion gross merchandise value (GMV) for its vehicle commerce platform Ola Cars over the next 12 months. Over the next two months, Ola Cars will be operational in 30 cities and expand to 100 cities by next year, it said in a statement. Ola Cars claimed it has already sold 5,000 pre-owned cars in its first full month of operation.

Ola Cars has started pre-owned vehicle sales in Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad and Ahmedabad. It will expand to Chandigarh, Jaipur, Kolkata and Indore by the end of this week.

“As part of Ola Cars, Ola is also setting up service centres across the country to provide a dramatically better experience through advanced telematics, AI and Vision based systems that ensure high quality repair work, and advanced robotic paint shops will provide paint work that will match OEM factory finish, as well as the promise of genuine auto parts,” the company said in a statement. 

As part of its longer term plans, Ola will open this platform up for new vehicles from other automotive brands as well. 

Arun Sirdeshmukh, CEO, Ola Cars, said, “With Ola Cars, we are redefining the entire car buying, ownership and resale experience. Our ‘better than new’ buying experience is driving tremendous demand with over 5,000 cars already sold in our first full month of operation. We are rapidly expanding to 100 cities in the coming months and are adding 10,000 people across key areas including sales and service centers.”

With IANS inputs

How Modi govt is redirecting investments from other states to Gujarat

Inside Bengaluru’s ‘Kannadiga vs Outsider’ divide

‘Adani hosted, Amit Shah attended’: Sharad Pawar confirms 2019 meeting to discuss alliance

Shivendra Singh interview: How ‘Celluloid Man’ PK Nair led him to work on film heritage

The story behind The Hindu journalist Mahesh Langa’s arrest