New Delhi: Two days after the nationwide lockdown, 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 Rs 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 Rs 50 crore for the Fund.
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, among others.