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Ola to crowd-source multi-crore fund for cab-auto drivers

Ola Foundation has also launched a crowdfunding campaign, allowing citizens to help the families of drivers

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This picture has been used for representational purpose only

This picture has been used for representational purpose only

The Ola Group has come up with a Rs 50 crore fund to support auto-rickshaw, cab, kaali-peeli and taxi drivers across India regardless of whether they are on the Ola platform or not.

Under the 'Drive the Driver Fund' under the aegis of its social welfare arm, Ola Foundation, Ola Group and employees have already contributed initial capital of Rs 20 crore with contributions from the Ola group, investors and via a crowdfunding platform for citizens and other institution which intends to raise up to Rs 50 crore.

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