Mahindra to finance 40k car fleet for Ola

Mahindra to finance 40k car fleet for Ola

Posted by P. Charitha on September 18th 2016

As part of a strategic drive to increase Ola’s fleet strength by 40,000 in the coming two years, the firm has entered into a tie-up with Mahindra & Mahindra group.

As part of this deal, Ola drivers will be eligible for Mahindra Financing where they can get 100% financing on new and pre-owned vehicles primarily the Verito model (formerly Logan). Along with this they will also offer the Mahindra’s Insurance scheme to the drivers and this entire package is part of the Mahindra’s corporate social responsibility scheme.

As per an official statement Mr.Anand Mahindra, Chairman, Mahindra Group said that this alliance is open to other players also with exclusive financial incentives.

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