Ola looking to invest Rs. 350 crores in Haryana

Ola has signed an MoU with the government of Haryana to create over 10,000 entrepreneurs in the state. As part of the MoU, Ola will invest Rs. 350 crores over the next five years to skill and train thousands of men and women to join Ola. The partnership will also allow the online taxi hailing app to introduce its products across the state.

“We are confident that our partnership with Ola will further accelerate government’s efforts of pumping the economic development of the state with a focus on skilling and creating entrepreneurial opportunities for tens of thousands of men and women across the state.”, Sudhir Rajpal, Managing Director of HSIIDC said.

Pranay Jivrajka, Chief Operating Officer at Ola said, “We are planning to invest over Rs. 350 crore in Haryana over the next 5 years. We will work with the government to train and provide the right skill set to thousands of men and women across Haryana and help them take their first step towards entrepreneurship.”

Ola is currently present in five cities in Haryana including Gurgaon, Faridabad, Panchkula, Kurukshetra and Ambala and plans to expand its services in the region further.

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