New Delhi, Oct. 17 -- There is one more reason not to own a car now as ride-hailing major Ola on Thursday launched its self-drive cab rental service "Ola Drive".

The service has been initially rolled out for users in Bengaluru, with Hyderabad, Mumbai, and New Delhi to follow shortly, the company said in a statement.

Ola Drive will appear as a new category on the Ola app. The service is being rolled out to users in Bengaluru through pick-up stations located across different residential and commercial hubs.

Users can choose to book a car of their choice for as little as two hours by paying a security deposit starting at Rs 2,000.

Ola said it intends to host a fleet of 20,000 cars by 2020 to build and scale up the Ola Drive service across ...