Ola, Uber will never make money: Zoomcar Co-founder
Calling Ola and Uber's business model "fundamentally flawed", Zoomcar Co-founder and CEO Greg Moran has said, "If you just do a ride-sharing business... you will never make money." Moran noted that a ride-sharing driver-based mobility can only become profitable if the driver is eliminated. Further, he highlighted that startups are growing at a fast pace in India.