Ola has 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.
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.
Elaborating on the measures, Anand Subramanian, Spokesperson and Head of Communications, Ola, said, “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, we 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.”
He further added, “Millions of drivers and their families have been affected, and even a humble contribution can have a lasting impact on their wellbeing. We invite all the stakeholders of the