Is Uber good or Ola?

As per the latest data, Uber is a clear winner among Indian drivers. The number of Uber’s driver app installs are way higher than Ola now, which could prove to be a massive advantage for the US firm in the long run. “The taxi industry is all about availability.

Why Ola rate is higher than normal?

A variety of factors such as office rush hours, heavy rain , holiday or a local event can cause rise in demand for cabs which may result in peak pricing being applied on your ride. Peak pricing is not a fixed charge and varies depending on the demand for cabs.

Is Uber India in profit?

On a unit level, Uber India spent Rs 2.65 to earn a single rupee of revenue during FY21. While the company had posted a profit of Rs 720.7 crore during FY20 on account of the sale of UberEats to Zomato, its annual losses stood at Rs 334 crore during FY21.

What are the waiting charges for Ola?

Wait time fee This fee will begin after your driver has been waiting for two minutes and will be charged at a rate of 30-60 cents per minute.

Can I put my car in Ola?

You have to contact the nearby office of OLA or can contact to main branch for registration of your car. You have to submit your documents to the company. The staff of OLA Company will evaluate your car for the further process. Get a new smart phone featured with the OLA app in it.

What is the difference between Uber and Ola Cabs?

1) Uber has more money in the bank than the valuation of Ola Cabs, and can fight the price war ad infinitum. Good for their customers. 2) The Uber mobile app is slicker, given the mammoth 197 MB size (compared to Ola’s 52 MB). 3) The routing algorithms for UberPOOL are better compared to Ola Cabs.

How Uber has affected the cab aggregators in India?

The arrival of Uber intensified the competition for the Indian cab aggregators. Over the years, the price wars have seen the customer benefit. The big players have consolidated the market and with reducing competition, the benefits for both the customer and the drivers have diminished.

How many weekly bookings did Ola get in 2019?

Whereas homegrown ride-hailing player Ola claims to have done about 28 million weekly bookings for the year ended March 2019. While the company did not share the market share figure it commands in India, the ride-hailing firm recorded 1.5 billion rides on its platform in 2018-19.

Are there any alternative taxi apps in India?

Let us look at some alternative taxi apps in India. Jugnoo, an auto-rickshaw aggregator service added cab services starting from the city of Gurugram. The services were launched during the strike of other two major taxi-aggregators.