Ola India Steps Into Used Car Market Ola Launches Ola Cars Platform For Buying Selling Financing Cars – Ola Cars

Summary

Cab aggregator company Ola has announced a new vehicle commerce platform named Ola Cars which will help car buyers while buying a new vehicle.

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Ola India Car Used Steps : Cab aggregator company Ola (Ola) has announced a new vehicle commerce platform named Ola Cars (Ola Cars) which will help car buyers while buying a new vehicle. Ola Cars will enable consumers to buy both new and used vehicles through the Ola App. It will offer services such as purchase, vehicle finance and insurance, registration, maintenance including vehicle health diagnostic and service, accessories and finally resale of vehicles to Ola Cars. The company plans to make it a one-stop shop for buying, selling and managing cars.

Ola Cars will start with used cars and over a period of time, Ola will also open it up to new vehicles from Ola Electric and other automotive brands. According to a company statement, the service will be initially available in 30 cities and Ola Cars will reach over 100 cities by next year. The company also announced the appointment of Arun Sirdeshmukh as Chief Executive Officer of Ola Cars. Arun has worked with companies like Amazon India (Amazon India), Reliance Trends (Reliance Trends) and IBM Global Services (IBM Global Services). They will oversee sales and distribution, services, marketing, customer support and going to market strategy for the business. Commenting on the announcement Bhavish Aggarwal, Founder and CEO, Ola said, “Customers are looking for a new way to buy, service and sell vehicles. They are no longer satisfied with the retail store mode of the past. They are looking for more transparency. And want a more digital experience. With Ola Cars, we are bringing a whole new experience to buy, sell and overall ownership for both new and used vehicles. I am looking forward to working with Arun and making this a core pillar of our New Mobility Vision. I look forward to building it.” Announcing the plans for Ola Cars, Arun Sirdeshmukh, CEO, Ola Cars said, “Ola has always been committed to delivering technology driven innovation to enhance the mobility experience of the consumer. With Ola Cars, we are not just buying and selling. Rather we are envisioning an entirely new approach to vehicle finance, insurance, as well as maintenance – an end-to-end digital-first experience for our customer. We will aggressively expand into India and international markets over the next few months and plans to launch new verticals in this business including used two wheelers and new vehicles. Ola has recently launched its first products in the EV segment – ​​Ola S1 and Ola S1 Pro electric scooters. The company plans to compete with players like TVS and Ather to dominate the growing segment.

Expansion

Ola India Car Used Steps : Cab aggregator company Ola (Ola) has announced a new vehicle commerce platform named Ola Cars (Ola Cars) which will help car buyers while buying a new vehicle. Ola Cars will enable consumers to buy both new and used vehicles through the Ola App. It will offer services such as purchase, vehicle finance and insurance, registration, maintenance including vehicle health diagnostic and service, accessories and finally resale of vehicles to Ola Cars. The company plans to make it a one-stop shop for buying, selling and managing cars.

Ola Cars will start with used cars and over a period of time, Ola will also open it up to new vehicles from Ola Electric and other automotive brands. According to a company statement, the service will be initially available in 30 cities and Ola Cars will reach over 100 cities by next year.

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