India: SoftBank-backed Ola launches UK operations to take on Uber globally

Less than a year after launching in Australia, India’s largest cab-hailing start-up Ola is planning to launch its service in the UK, as the SoftBank-backed venture gets increasingly confident about its ability to take on bigger rival Uber Technologies in markets outside India. On Tuesday, Ola said its plans to enter the UK and has obtained licences to operate in South Wales and Greater Manchester, and it will also launch operations in South Wales within the next month.