Ola's Founder 'Donates' His 1-Year Salary To Driver's Fund - Viral Bake

Ola’s Founder ‘Donates’ His 1-Year Salary To Driver’s Fund

Generosity and humanity are the two qualities that are required the most at times of crisis (and otherwise as well). Displaying that was cab aggregator Ola’s co-founder Bhavish Aggarwal. Since Ola has suspended its operations amid COVID-19 its drivers are worst hit.

Taking that in stride Ola has stepped up efforts to raise funds for its partner drivers. This is done in the face of ‘Drive the Driver Fund’ initiative. Under the initiative, Ola will raise Rs 50 crore through crowdfunding to secure steady funds for the auto-rickshaw, cab, kaali-peeli and taxi drivers employed by it. Putting his contribution forward Bhavish Aggarwal donated his 1-year salary to the fund.

Out of the aimed Rs 50 crore, Ola would put in Rs 20 Crore. The move is estimated to help around 20-lakh  strong fleet of Ola. Recently Ola announced a special Covid-19 insurance cover exclusive for its driver-partners and their spouses. The company has also fully waived lease rentals, akin to an EMI, for driver-partners who operate vehicles owned by Ola’s subsidiary.

Also Read: Global Economy Has Entered The ‘Recession’ Worse Than 2009 ‘Global Financial Crisis’: IMF

The crisis at this time has left thousands of drivers who form the backbone of shared mobility without an income. The Ola group has come together to contribute the initial capital for the fund, which can be used to provide immediate aid,” said Anand Subramanian, Spokesperson and Head of Communications, Ola.

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