“With this move, drivers are clearly able to ascertain earning and differentiate it from variable incentives,” a person directly aware of the matter said.

SoftBank-backed Ola has been trying to cut its losses per ride over the last 18 months, and gear up for a public market debut in the coming year.

Regulatory filings show Ola had property, plant and equipment worth Rs 1,237 crore on its balance sheet for the fiscal year ended March 2019.

Ola and Vogo had jointly said they will add 100,000 two-wheelers onto the roads with an investment of $100 million in sourcing the scooters.

Since then, the company has also trimmed its workforce and restructured the organisation to make it more streamlined. | To read full story, visit https://startuparound.com/read/1578285008.885744/Ola-rejigs-commissions-to-retain-drivers?ref=audio_experience