App-based ride aggregator service Ola will soon become the first app based cab service in the country to operate under a valid licence issued by a governmental agency In Karnataka.
According to ETAuto, Ola has fulfilled the conditions set by the Karnataka On-demand Transportation Technology Aggregator Rules 2016 and will soon get a valid license from the Karnataka state road transport authority.
Speaking about the issue, HG Kumar, additional commissioner of transport and state transport authority, said: "The licence will be ready in two days. They have fulfilled the conditions under the new rule and furnished details of 100 vehicles. These vehicles have city and state taxi permits. The company has also paid more than Rs 1 lakh as security deposit."
"But the sister-concern, TaxiForSure has not yet complied with the rules. Ola has made a separate application for licensing the latter."
According to the Karnataka On-demand Transportation Technology Aggregator Rules 2016, which came into effect two months back, companies to have a minimum strength of 100 cabs in its fleet to a maximum of 15,000 cars to obtain a licence.
The cabs in the fleet must also be fitted with tamper-proof GPS devices.