Australia a key market, Ola says amid reports of reduced operations

At a time when Covid-19 is pounding the transportation industry, it has been reported that Ola has closed local driver offices in Australia and suspended personal accident insurance for drivers there

Amid reports suggesting that cab aggregator Ola might be reducing its operations and staff in the Australian market, the Bhavish Aggarwal-led and SoftBank-backed company has clarified that ‘Australia is a key market’ for it, and that it is focused on growing its business there.

In the wake of the Covid-19 pandemic, which has pounded the transportation industry, some reports claimed that the Bengaluru-based company was closing its local driver offices in Australia and suspending personal accident insurance programmes for its drivers in that country. Some reports also said that Ola’s Australian managing director Simon Smith, who had joined the firm in