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Ola takes a bet on two-wheelers, rolls out Ola Bike

To match competitors around, India's largest ride-hailing service in India, Ola, has said that its two-wheeler service, Ola Bike, is now operational in 150 Indian cities and towns and intends to grow its services. SoftBank backed the firm and said Ola Bike is enabling it to reach the 'hinterlands of India'. A ride in Ola Bike costs as little as Rs.5 per km. Uber also has a two-wheeler service, but not as vast as Ola.