Ola to shut down bus unit Shuttle

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Neighbourhood News Desk/Avi Arya: Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent weeks. Development comes as a surprise when it comes on the heels of Ola raising massive amount of funding, making international foray and acquiring local business of food delivery platform Food panda in recent months.

According to Ola Shuttle customers, bus operators and company employees, Ola has terminated its bus services on many routes across the National Capital Region, Mumbai, Kolkata and Hyderabad. Company also told bus operators in these areas that their services would not be required after 2nd February and that the drivers must submit their smartphones, GPS devices and cameras by this week.

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