Ola cuts ‘Share’ fare by 45%, launches services in 3 new cities

Taxi aggregator Ola has slashed fares of its ‘Share’ offering by up to 45 per cent and expanded this service to three more cities.

Ola has reduced fares across 7 cities where ‘Share’ is available. The highest reduction has been done in Mumbai and Bengaluru, where the fare has been revised to about Rs 3 per km.Ola’s Share service is also available in Delhi, Hyderabad, Chennai, Kolkata and Pune which will see effective rates coming down to around Rs 3 per km.

Ola’s US based rival Uber also has a similar offering under ‘Uber Pool’.

Ola has expanded ‘Share’ services to Chandigarh, Jaipur and Ahmedabad, taking the total number to 10 cities.

The reduced fare will also be applicable in these cities.