CHATRAPATI SAHU JI

MAHARAJ UNIVERSITY
Inroduction
SCHOOL- SCHOOL OF BUSINESS MANAGEMT
DEPARTMENT- INSTITUTE OF BUSINESS MANAGEMENT
CLASS – MBA
COURSE CODE- F010704
COURSE- MANAGERIAL ECONOMICS
ROLL NO- 03
SECTION-B
NAME- NISHI CHAUHAN
SUBMITTED TO- Dr . PRASHANT TRIVEDI
BHAVESH AGGARWAL

 He is one of the most famous Indian Entrepreneurs.

 He is well- known not only in India but across the globe.
 He is a co – founder of OLA cabs
 He was born on August 28,1985 in Ludhiana , Punjab ,India.
 He received his education from the Indian Institute of Technology Bombay ,
located in Mumbai . He received a bachelor’s degree in computer science and
engineering in 2008.
 He began his career by working for Microsoft.
Inspired by

 The idea for a cab company struck Aggarwal when he had a bad experience with a
taxi, which led him and Ankit Bhati to co-found Ola Cabs in 2010.
 Ola Cabs has become the largest network of personal transportation options within
India and has emerged as the most popular choice for many cons
 In one of his business journeys, Bhavesh travelled from Bangalore to Bandipur.
 He rented out a car and the entire episode ended up in a bad tone.
 The driver stopped on the way and started demanding more than what was agreed
upon initially. When he was refused, the driver abandoned him on the way before the
destination.
 Bhavesh understood this was the plight faced by several other travelers booking cars.
 Bhavesh wished to find a car rental company that will assure a great customer
experience combined with economical prices . umers in 22 Indian cities.
 About OLA cabs
 Ola creates a partnership with drivers and cab owners to yield assorted cab services
across India.
  Through its top-notch technology and innovative solutions, it expanded to over 50
cities by the year 2015.
 It went on to provide more than 200,000 rides per day registering a growth rate .
 Thus was born India's first mobile app for transportation! Initially, OLA had a small
office space of just 10 x 12 feet in Mumbai and since then it has grown tremendously.
 Bhavish did everything from shooting drivers to providing customer support, and Ankit
handled to code for 48 hours straight .
 With the passage of time, many investors like Anupam Mittal, the founder of
Shaadi.com also invested in Ola Cabs.
Earnig from OLA cabs
• Minimum daily revenue of 1500. But this incentive will be applicable only if the cab
driver has generated an operator’s bill of minimum Rs.800+.
• Minimum daily revenue of 2100. But this incentive will be applicable only if the cab
driver has generated an operator’s bill of minimum Rs.1300+.
• Minimum daily revenue of 3000. But this incentive will be applicable only if the cab
driver has generated an operator’s bill of minimum Rs.1900+.
• Minimum daily revenue of 4500. But this incentive will be applicable only if the cab
driver has generated an operator’s bill of minimum Rs.2400+.
• Minimum daily revenue of 5200. But this incentive will be applicable only if the cab
driver has generated an operator’s bill of minimum Rs.2700+.
• Minimum daily revenue of 6000. But this incentive will be applicable only if the cab
driver has generated an operator’s bill of minimum Rs.3100+.
Queries
 How do I contact Ola support?
 Address
1. Phone number 080-67350900.
2. Fax number 080-67350904.
 What are the disadvantages of Ola?
 Ola cabs Cons
• They need to work more on their network.
• There is a lack of communication with the drivers.
• There are payment issues in this cab service.
 What are the benefits of Ola?
 Membership Benefits
• Ride Without Peak Pricing. No peak pricing on Prime & Mini, 24X7.
• Skip Booking Queue. Your booking request gets first priority.
• Enjoy Free Wi-Fi. Stay connected even as you commute.