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Ola Cars eyes for $2 Billion in GMV, plans to add 10,000 people across department

India based mobility platform, Ola has announced its plan to hire 10,000 new people across the department, as it eyes a market leadership position with $2 Billion Gross Merchandise Value (GMV) for its vehicle commerce platform Ola Cars over the next 12 months. 

Ola Cars have already sold 5,000 pre-owned cars in its first full month of operation.

In a statement issued, Ola Cars in its statement said, “It has started pre-owned vehicle sales in Delhi, Mumbai, Pune, Bengaluru, Chennai, Hyderabad and Ahmedabad and will expand its service in  Chandigarh, Jaipur, Kolkata, and Indore by end of this week.”

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Over the next two months, Ola Cars will be operational in 30 cities and expand to 100 cities by next year.

Speaking on the development, Arun Sirdeshmukh, CEO of Ola Cars, said, “With Ola Cars, we are redefining the entire car buying, ownership, and resale experience. Our ‘better than new’ buying experience is driving tremendous demand with over 5,000 cars already sold in our first full month of operation. We are rapidly expanding to 100 cities in the coming months and are adding 10,000 people across key areas including sales and service centers.”

“As part of Ola Cars, Ola is also setting up service centers across the country to provide a dramatically better experience through advanced telematics, AI, and Vision-based systems that ensure high-quality repair work and advanced robotic paint shops will provide paintwork that will match OEM factory finish, as well as the promise of genuine auto parts,” the statement said.

Further adding to the statement, Ola said, “It will also open this platform up for new vehicles from other automotive brands as well, providing them a seamless, trusted platform with unprecedented reach and understanding of consumers and their mobility needs.”

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