Ola to shut down bus unit Shuttle

201802.07
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Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent weeks. The development comes as a surprise as it comes on the heels of Ola raising massive amount of funding, making its international foray and acquiring the local business of food delivery platform Foodpanda in recent months. 

According to Ola Shuttle customers, bus operators and company employees, Ola has terminated its bus services on many routes across the National Capital Region, Mumbai, Kolkata and Hyderabad.

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