Ola unveils ‘Ola Cars’ for vehicle buying, appoints Arun Sirdeshmukh as CEO, Auto News, ET Auto

 Arun Sirdeshmukh as CEO
Arun Sirdeshmukh as CEO

New Delhi: Ride-hailing system Ola on Thursday declared the launch of its car or truck commerce platform that will enable shoppers to invest in new and pre-owned motor vehicles via the Ola app. The Bengaluru-centered company is also looking at scaling the get to of the platform – Ola Autos – to 100 cities by the following 12 months.

“Ola Cars and trucks will commence with pre-owned and, over time, Ola will open up it up for new autos from Ola Electric powered and other automotive makes as very well…Starting with 30 cities, Ola Automobiles will quickly scale up to more than 100 towns by future calendar year,” it reported in a assertion stated on Thursday.

Ola Automobiles will offer you a bouquet of companies to clients, commencing with obtain, motor vehicle finance and insurance coverage, registration, maintenance, which includes automobile health and fitness diagnostics and company, accessories and lastly, resale of the auto back to Ola Autos, the assertion included.

“It will be a a person-quit-shop for consumers searching at stress–cost-free buying, promoting and managing their autos,” it included.

Ola Vehicles will contend with gamers like Droom, CarDekho and Automobiles24, among other folks.

The corporation has also declared the appointment of former Amazon India and Reliance Developments government Arun Sirdeshmukh as Chief Govt Officer of Ola Vehicles.

He brings a lot more than 30 several years of practical experience in the consumer internet, FMCG, retail and style industries. He will oversee the full profits and distribution, support, marketing and advertising, consumer support, and go-to-industry tactic for the small business.

In August, Ola Electrical experienced unveiled its Ola S1 electric powered scooter in two variants — S1 and S1 Professional.

Ola founder and CEO Bhavish Aggarwal claimed customers are hunting for a new way to obtain, support and sell their cars.

“They are no for a longer period pleased with the archaic retail retail store manner. They want far more transparency and a digital experience. With Ola Vehicles, we are bringing a completely new encounter for getting, advertising and all round ownership for both of those new and owned automobiles,” he included.

Sirdeshmukh mentioned with Ola Vehicles, the firm is fully reimagining not just obtaining and selling but also car or truck finance, insurance plan, as nicely as upkeep – conclude-to-conclusion digital-1st expertise for buyers.

“We have ideas to develop aggressively about the following number of months across India and international marketplaces and also launch new verticals in this enterprise, including pre-owned two-wheeler and new motor vehicles,” he stated.

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The staff of Geospatial scientists and engineers who will join Ola will build systems which will make mobility universally obtainable, sustainable, personalised, and practical, throughout shared and individual automobiles, the corporation claimed.