This is to provide vehicles on loans to 40,000 driver partners through financing worth $400 mn. Both companies have entered into a strategic alliance to provide “Mahindra-Ola” financing package for drivers. It will offer Mahindra brander cars at separate rates, loans with zero down payment from NBFCs, subsidized insurance premiums, and vehicle maintenance packages.

Ola ties up with Mahindra & Mahindra Ltd

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