- Krutrim, Ola founder Bhavish Aggarwal's AI startup, announced a new pricing structure for Ola Maps on July 18 to attract developers.
- The new structure includes a free tier allowing up to 5 million API calls per month, covering APIs like autocomplete and reverse geocoding.
- This announcement follows Google's decision to cut Google Maps rates in India by up to 70% starting August 1, 2024, and to accept payments in INR.
- Ola Maps' rates for higher volumes are claimed to be 50% of Google's reduced prices, with additional incentives for long-term commitments.
- Ola is partnering with ONDC to offer three years of free access to Ola Maps APIs for startups and small businesses, boosting innovation in India's digital commerce.
Source: Krutrim Blog