London: Indian origin transportation network service Ola has announced that it is ready to launch its service in London in the coming few days. This announcement comes a day after Uber lost its license to operate in London after the city’s transport regulator found fraudulent drivers operating in its platform.
Ola is backed up by the same investor as Uber, the Japanese mega-investor SoftBank. Earlier this year, Ola was granted a license from Transport for London (TfL). Ola’s Head of International, Simon Smith said they have invited thousands of private hire drivers across London to register themselves on the Ola platform as they are preparing to launch in the city.
Uber, after losing its license in 2017, was granted two extensions, the most recent of which expired this week. In the announcement, Ola said its safety feature is a key difference from other competitors which was one of the factors as to why TfL banned Uber as it could not ensure the safety of the passengers.