Rahul Maroli

Cab aggregator services Ola on Monday said that it was launching a first of its kind cab leasing programme for driver partners and would dedicate a capital of over Rs 5,000 crore for scaling this up in the coming year.

The Bengaluru-based firm has also roped in former LeasePlan India executive Rahul Maroli as vice president (strategic supply initiatives) to head the leasing business that will operate as a fully-owned subsidiary company.

Cab aggregator services Ola on Monday said that it was launching a first of its kind cab leasing programme for driver partners and would dedicate a capital of over Rs 5,000 crore for scaling this up in the coming year.

The Bengaluru-based firm has also roped in former LeasePlan India executive Rahul Maroli as vice president (strategic supply initiatives) to head the leasing business that will operate as a fully-owned subsidiary company.