Kathmandu, July 6
India’s largest cab service provider Ola is planning to enter the Nepali transportation market as it is going out of the country for the first time, media reports say.
The company has listed Sri Lanka, Nepal, and Bangladesh as the first international countries where it will offer its services, a person familiar with the matter has been quoted in an NDTV report.
Ola sources, however, have not clearly informed when the expansion will take place.
The company’s arch-rival Uber already operates in Sri Lanka and Bangladesh.
Currently, Ola provides taxi services in 100 cities of India.
“Ola is also eyeing other countries in Asia and North Africa to continue this expansion in the future,” the report said, “An Ola spokesperson did not comment on this story.”
It has been learned that the company is also mulling over new strategies to expand its domestic market as well.
Ola is exploring international markets at a time when Uber is increasingly expanding its reach in India. The global ride-hailing service, which operates in over 500 cities, is presently available in 29 cities in the country