Tuesday, November 22, 2016

India's @Olacabs launches connected in-car entertainment platform Ola Play

Speaking at the launch, Bhavish Aggarwal, Co-Founder and CEO at Ola said “The entire Ola team is proud to launch Ola Play, the world’s first connected car platform for ridesharing. I believe this will completely transform the consumer’s ride experience, giving the user the power to control the interactions within the car, and usher in a new era in the ridesharing industry. With over 60 million minutes spent in Ola rides every day, the impact on consumer comfort, convenience and productivity can be transformative. This will further propel ride-sharing as the first choice of mobility for many more millions.”

He added, “As a young Indian company, we’re proud to be at the forefront of the Startup India movement. Ola Play is a world first, built in India by an Indian team, which showcases that we can do better than the best in the world, and be global leaders in technology and innovation.”

Ola is backed by Japan's SoftBank Group and China's Didi Chuxing among others. It is valued at more than $5 billion after raising $1.3 billion in funding. Presently it is looking to raise another $1 billion this year, according to informed sources close to the company.