Karnataka govt lifts ban on Ola cabs

The Karnataka government Sunday allowed cab aggregator Ola to resume its service which was suspended two days back for running bike taxis without permission.

”Olacabs will run their business as usual from today. However there is an urgent need for policies to catch-up with new technologies & also industries too should work closer with Govt to help evolve policies for innovations,” Karnataka Social Welfare Minister Priyank Kharge said in a tweet.

Matrix Partners India, an investor in Ola Cabs, appreciated quick resolution of the issue.