Homegrown ride-hailing major Ola has acquired end-to-end public transport ticketing app Ridlr in an all-stock deal at an undisclosed valuation as it looks at integrating its own services with mass transit infrastructure that exists in cities.
Through the acquisition, Ola is looking at building a seamless experience for commuters who use its service in conjunction with transit services such as buses, trains, and metro. The motive is to allow a customer to book a cab from their homes and continue their journey effortlessly even if they switch to a public transport service.
“Public transportation serves millions of Indians every day,