Ola signs MoU with Haryana govt, to invest Rs 350 crore to create 10,000 entrepreneurs

Taxi aggregator Ola has signed a Memorandum of Understanding (MoU) with the Government of Haryana to create over 10,000 entrepreneurs in the state.

The app wants to invest Rs 350 crore over the next five years to skill and train thousands of men and women and help them take their first step towards entrepreneurship.

Ola will also work with the state government to introduce innovative and customised mobility solutions like Ola Auto, Ola Bike, Ola Share and Ola Shuttle across the state. Ola will further build for local mobility needs across Haryana.

"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," Managing Director HSIIDC, Sudhir Rajpal said.

Once trained, these individuals stand to benefit from Ola's technology platform. 

"We are proud to partner with the Government of Haryana to create more than 10,000 entrepreneurship opportunities across the state. To this end, we are planning to invest over Rs 350 crore in Haryana over the next five years," said Chief Operating Officer at Ola, Pranay Jivrajka.

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.