Ola Pulls Curtains Down On Cafe, Store In India


New Delhi: Online transportation network company Ola has closed its food and grocery ordering services on account of high cost and lower than expected interest from customers, Techcrunch reported.

The food and grocery ordering services like Ola cafe and Ola store by the company was launched last year.

“As we strengthen our focus on building mobility for a billion people, we are drawing these two experiments to a close and taking learnings from these to serve you better in the time to come,” Ola said in a blog post.

Ola has recently also announced the bike taxi services in Bengaluru.

Based in Bengaluru, Ola was valued at USD five billion as of September 2015. In October 2015, the company claimed to have 80 percent of the taxi market share in India.