Thursday, Mar 28 2024 | Time 19:48 Hrs(IST)
image
Startup World Share

Ola to invest Rs 350 cr in Haryana for skill development

Ola to invest Rs 350 cr in Haryana for skill development

Gurgaon, Jun 28 (UNI) Leading online transport aggregator Ola today said it has signed a Memorandum of Understanding (MoU) with the Haryana government and will invest Rs 350 crore to create over 10,000 entrepreneurs in the state.
As part of the MoU, Ola will 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, the company said in a statement.
It will also work with the government to introduce innovative and customised mobility solutions like Ola Auto, Ola Bike, Ola Share and Ola Shuttle across the state.
Commenting on the development, Sudhir Rajpal, Managing Director, HSIIDC said, “Haryana is developing at a rapid pace. Our government recently introduced the ‘enterprise promotion policy’ for ease of doing business here. Ola's commitment to building mobility for citizens by using cutting edge mobile technology and by enabling entrepreneurship and skilling will be invaluable for the state’s growth.”
“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,” he added.
Pranay Jivrajka, Chief Operating Officer at Ola said, “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 5 years.”
He also said, “We will also improve access to mobility in cities across the state by bringing on-board innovative transportation use cases like Ola Auto, Ola Share, Ola Shuttle, Ola Bike and many more, to complement the existing urban transportation system in Haryana.”
Ola is currently present in five cities of Haryana, including Gurgaon, Faridabad, Panchkula, Kurukshetra and Ambala and plans to expand its services in the region further. UNI ASH SV 1302

image