Ola Launched Drive the Driver Fund
This Fund is to offer Relief to the driver community
News Desk, News Nation 360 : Two days after the nation-wide lockdown which has left the country’s drivers without any daily income, Ola, one of the world’s largest ride-hailing platform, announced the launch of Drive the Driver Fund under the aegis of its social welfare arm, Ola Foundation. The fund aims to support auto-rickshaw, cab, kaali-peeli and taxi drivers, through contributions from the Ola group, investors and via a crowdfunding platform for citizens and other institutions. The proceeds of the fund
will help towards the welfare and upliftment of drivers and their families who have been affected by the restrictions due to the Covid- 19 pandemic. This initiative will focus on key areas such as emergency support and essential supplies, which are of utmost importance to drivers during these challenging times. Drivers and their families will also have access to free medical consultation. In due course, Ola Foundation will also take up initiatives to support drivers in areas such as aid for children's education amongst others. Elaborating on the measures, Anand Subramanian, Spokesperson and Head of Communications, Ola, said that the crisis at this time has left thousands of drivers who form the backbone of shared mobility without an income. To support them in this testing time, they are launching the Drive the Driver fund which will provide bare-necessities to all driver-partners, across auto-rickshaws and kaali peelis in the form of essential supplies and free medical and emergency support. To this effect, the Ola group has come together to contribute the initial capital for the fund, which can be used to provide immediate aid. The mobility industry has been brought to a grinding standstill during these stressed times, and the driver community has been finding it hard to pay for their family expenses without a source of income. Ola’s initiative aims to bring together multiple stakeholders in the ecosystem such as customers, investors and partner organisations to participate in supporting millions of drivers and their families. The Ola group and its employees will contribute 20 crores, while Bhavish Aggarwal, co-founder and CEO, Ola will forgo 1 year’s salary, both of which shall go towards the fund.
Pic : Courtesy
Report : Anustup Kundu