Business

Ola to invest Rs 100 cr over 3 yrs for skill development

PTI

Transportation aggregator Ola said it will invest Rs 100 crore for addition and skilling of one lakh drivers to its platform over the next three years. Ola has signed a MoU with National Skill Development Corporation (NSDC) for training, skill development and empowerment of these driver partners.The joint project will involve Ola and NSDC identifying people from various sections of the society and skilling them to become driver entrepreneurs, Ola said. “Ola aims at investing Rs 100 crore in adding 1,00,000 drivers to its platform,”  it added. The MoU was signed by Ola co-founder and CEO Bhavish Aggarwal and Manish Kumar, MD and CEO of NSDC, in the presence of PM Narendra Modi and Minister of State for Skill Development and Entrepreneurship, Rajiv Pratap Rudy, among others in Kanpur.