Ola founder compares its rivalry with Uber to Vietnam War
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"(China's Didi Chuxing) versus Uber was like the World War II, but in India (Ola versus Uber) would be like the Vietnam War. We will be like the local guerrillas and move to the nooks and corners of our country," Aggarwal said.
Uber sold its operations to Didi in August last year; however, the end of that battle has given Uber time and resources to focus on other emerging markets, of which India is a major one.
Also read: OLA to invest 100 crore into training one lakh drivers
However, things have not been smooth in India for both Ola and Uber, as they have faced several problems, right from regulatory hurdles to driver protests.
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Also read: Two new apps to take on Ola and Uber in NCR
"We will innovate a lot in the next 4-5 years," said Aggarwal. "We will be the last company standing in this (sector) and we will be the one who will build a uniquely Indian business model."
One of these innovations is running electric vehicles as taxis, for which Ola has partnered with the Telangana government.
"We believe that electric vehicles can transform
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(Image source: Wokeji)Advertisement
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