Ola launches ‘Drive the Driver Fund’ to offer relief to the driver community
Two days after the nationwide lockdown, which has left the country’s drivers without any daily income, ride-hailing platform Ola, announced the launch of a ‘Drive the Driver Fund’, an initiative under its social welfare arm, Ola Foundation.
The fund aims to support auto-rickshaw, cab, 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 go towards the welfare of drivers and their families, who have been affected by the restrictions due to the Covid- 19 pandemic. The Ola group and its employees will contribute ₹20 crore, while Bhavish Aggarwal, co-founder and CEO, Ola, will forgo one year’s salary, both of which will go towards the fund. Ola aims to raise up to ₹50 crore for the Fund.