The Karnataka government Sunday allowed cab aggregator Ola to resume its service which was suspended two days back for running bike taxis without permission. "Olacabs will run their business as usual from today. However there is an urgent need for policies to catch-up with new technologies & also industries too should work closer with Govt to help evolve policies for innovations," Karnataka Social Welfare Minister Priyank Kharge said in a tweet. Matrix Partners India, an investor in Ola Cabs, appreciated quick resolution of the issue. "This speed of resolution is much appreciated and augurs well for the new India! Great to see younger ministers shedding the ways of the older ones and promoting speed and innovation," Matrix Partners India Founder and Managing Director Avnish Bajaj said. The Karnataka transport department had on Friday suspended the licence of taxi aggregator Ola for six months, saying it was running bike taxis without permission. "As Ani Technologies Pvt Ltd (Ola .
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