App-based cab aggregator Ola Wednesday said it was aiming to have 5,000 bike driver partners under its fold in the city in a phased manner.

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Ola is organising a three-day Bike Mela in partnership with the Telangana government which alone aims at creating 2,000 new bike driver entrepreneurs, the company said in a release here.

The mela will see bike manufacturers, service providers, Employment Office representatives and financial institutions who will simplify the process of starting-up for these first-time entrepreneurs by providing deep discounts and special schemes, it said.
 

Hyderabads distinct traffic dynamics have made Ola Bike a popular choice of transport and we are excited to expand the offering and enable 5000 new bike entrepreneurs to meet the growing demand," Sandeep Upadhyay, Business Head at Ola, said.

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He said Ola was 'thrilled' to partner with the Telangana government and support its efforts in creating livelihood opportunities for the youth through the mela.

Telangana Transport Commissioner Sunil Sharma said: We are pleased to endorse Olas initiative to create entrepreneurial opportunities for thousands of youth in the state."