The State Transport Authority (STA) has given its nod for provisional licenses to app-based aggregators like Ola, Uber, and Rapido for bike taxi services in the Mumbai Metropolitan Region.
According to PTI, the STA also fixed the minimum fare at Rs 15 for a 1.5-kilometer ride. As per the STA meeting minutes, the aggregators have been given approval on the condition that they will have to apply for a permanent license within a month and fulfill all terms and conditions mentioned in the Maharashtra Bike Taxi Rules 2025.
The parent companies of Ola, Uber, and Rapido-ANI Technologies Private Limited, Uber India Systems Private Limited, and Roppen Transportation Services Private Limited, respectively-have been granted approval.
Last month, Ola Electric announced that it has received certification for compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector for its Gen 3 scooter portfolio.
The certification has been granted by the Automotive Research Association of India (ARAI) under the aegis of the Ministry of Heavy Industries, Government of India, covering all seven models in the Ola S1 Gen 3 scooter line-up.
With this development, Ola Electric’s entire Gen 2 and Gen 3 scooter portfolio now stands PLI-certified.
In an exchange filing the company said Ola Electric, has received Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for automobile and auto components sector.
