Ola pre-sells over 5 million shared rides with ‘Share Pass’

Transportation aggregator Ola today said it has pre-sold over 5 million shared rides through its newly launched ‘Share Pass’ in less than 60 days. Share Pass one of Ola’s subscription products allows customers to take Ola Share rides at a flat fixed price.

Available in three variants of 10, 20 and 40 rides, customers can hail an Ola Share and pay a fixed price for every ride, without any surge prices. The service is available in seven cities including Delhi NCR, Kolkata, Mumbai, Pune, Bengaluru, Hyderabad and Chennai.

“At Ola, we believe that shared mobility has the potential to solve major transportation issues in India, including congestion and pollution. Inspired by the customary Indian option of a ‘monthly pass’ for regular commuters, Share Pass is a first-of-its-kind product which offers fixed fares per ride, and a predictable and consistent fare for regular Ola Share users,” Ola CMO and Head of Categories Raghuvesh Sarup said.