Question: How much does Ola driver earn in India?

How much does an OLA driver earn?

Gross income: Aggregators pay Rs 11 per km to the driver, including incentives. So, as per the average distance covered, a driver’s gross earnings are Rs 88,000 per month. To earn the minimum incentive — which varies as per the billing — for the day, a driver has to make at least eight trips during peak hours.

Is driving Ola profitable?

Ola Uber guarantees a minimum business (revenue per day) to every Cab driver. If that revenue is not reached, Ola Uber will pay the balance amount as top-upto the cab driver. The revenue based incentive model (of Ola Uber is like this): Minimum daily revenue of 1500.

Is Ola profitable in India?

Ride-hailing firm Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as its revenue declined 65 per cent to Rs 689.61 crore amid Covid-19 induced lockdowns.

What is Ola commission?

OLA on the other hand charges 5% to 20 % as commission. 5% for the vehicles under the OLA lease scheme and for the attached vehicles they charge 10% for outstation trips and 20% for regular in city trips. Ola charges service tax above the trip fare, so the service tax is paid by the rider.

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Is it profitable to attach car with OLA in 2020?

You can easily profit at least Rs. 15,000 a month. We’re talking profits here, not earnings. If you drive a diesel vehicle, and drive your car yourself, you can earn greater profits.

What is the salary for Uber drivers?

Uber Driver Salaries

Job Title Salary
Uber Uber Driver salaries – 6 salaries reported $52,250/yr
Uber Uber Driver salaries – 6 salaries reported $22/hr
Uber Uber Driver salaries – 3 salaries reported $25/hr
Uber Uber Driver salaries – 2 salaries reported $15/hr

Do Ola drivers rate customers?

When he dropped off the first customer, immediately a rating system flashed on his phone where he was asked to rate the customer. So Yes, as we rate Ola drivers, they too get a chance to rate us. Yes, both OLA and UBER have the rating system for their partner drivers.

Why is Ola in loss?

Ola’s marketing spend shrank 72% in FY21

As mentioned earlier, the company’s fleet operations were curtailed during FY21 and resulted in heavy losses for the company. Ola’s vehicle running expenses were also reduced by 96.2% to only Rs 9.33 crore during FY21.

Which is more profitable Uber or Ola?

For monthly downloads, Ola had 67.41 million while for Uber it was 45.73 million downloads. Losses for Ola in FY19 went down by 8 per cent to around $363 million in FY19 from $398 million in FY18. Revenue, on the other hand, had increased 37 per cent from $259 million to $356 million during the said period.

Who is bigger Uber or Ola India?

US-based ride-hailing platform Uber in a recent report claims to have command over 50% of the market share in India. … Uber currently operates in 58 cities in India. Whereas homegrown ride-hailing player Ola claims to have done about 28 million weekly bookings for the year ended March 2019.

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How much does a Uber driver earn in India?

The highest salary for an Uber Driver in India is ₹52,200 per month. The lowest salary for an Uber Driver in India is ₹12,059 per month.

Can I use private car for Ola?

No issue if you want to drive a car with your own self. You have to contact the nearby office of OLA or can contact to main branch for registration of your car. You have to submit your documents to the company. The staff of OLA Company will evaluate your car for the further process.

What is the price of Ola per km?

The base fare for Ola and Uber is around Rs 7-8 per km which keeps fluctuating with demand. At peak times, surge pricing can be as much as Rs 24 per km. They have time charges of Rs 1 per minute as well.

How much does Uber charge per km in India?

In the new model, Uber has increased the per kilometre rate from the existing Rs 10 to Rs 14.7 and the base fare from the existing Rs 47.25 to Rs 48. The charge per minute has been reduced from Rs 1.58 to Re 1. The minimum fare has been kept unchanged at Rs 85.