Ola's Krutrim Unveils New Pricing for Ola Maps Amidst Google Rate Cuts

• 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