Ola Cabs (stylized as OLΛ) is an Indian transportation company that provides ridesharing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, Karnataka and operates in 250+ Indian cities.
A variety of venture capitalists including Softbank have large stakes in the company.[4] In January 2018, Ola extended into its first overseas market, Australia, and launched in New Zealand in September 2018.[5] In March 2019, Ola began its operations in the UK.[6] In April 2024, the company announced that it is exiting all of its international markets to focus on the Indian market.[7]
^"Ola's losses accumulate to Rs 17,453 Cr as revenue shrinks 63% in FY21". 3 November 2021.
^ abSil, Debarghya (10 January 2024). "Ola Cabs Parent ANI Tech's FY23 Revenue Crosses INR 2,500 Cr Mark, Loss Declines To INR 772 Cr". Inc42 Media. Retrieved 16 January 2024.
^Bhalla, Tarush (2 November 2021). "Ola posts operating profit in FY21 ahead of likely share sale". mint. Retrieved 15 November 2021.
^"Would an Ola-Uber Merger in India Get the Competition Commission's Approval?". The Wire. 29 April 2018. Retrieved 19 March 2019.
^"India's Ola forays into New Zealand in latest overseas push". Reuters. 18 September 2018. Retrieved 18 September 2018.
^Shrivastava, Aditi. "Next pickup is London for Ola". The Economic Times. Retrieved 1 January 2022.
^"Ola Cabs to exit international markets this month". The Economic Times. 9 April 2024. ISSN 0013-0389. Retrieved 19 April 2024.
OlaCabs (stylized as OLΛ) is an Indian transportation company that provides ridesharing services and operates other business verticals such as financial...
Technologies, the parent entity of OlaCabs. The company was started to reduce emission and fuel dependency of Ola'scabs, and shift to mass electric mobility;...
entrepreneur. He is the co-founder and CEO of OlaCabs founder of Ola Electric and the founder of OlaKrutrim a Large language model, an Artificial intelligence...
Western Australia Ola High School (disambiguation), the name of several high schools OlaCabs, an Indian online cab aggregator Ola Electric, an Indian...
(IAMAI) from 2006–2007. Anupam Mittal was one of the earliest investors in OlaCabs, one of India's biggest mobility start-ups. Mittal has been an angel investor...
through a Series D funding round. Acko General Insurance partnered with Olacabs and launched an in-trip insurance program in more than 110 cities in India...
mobile application can be used to purchase rides that are similar to Uber, OlaCabs and Lyft. The company uses all-electric cars with their branding on it...
proliferation of the Internet and mobile apps: Uber was founded in 2009, OlaCabs was founded in 2010, Yandex Taxi was launched in 2011, Sidecar was launched...
invested $100 million in OlaCabs and received a stake holding of 0.37 per cent. In February 2019, he had investments in Ola, Grey Orange, Ather Energy...
the private equity firm KKR. He also serves on the board of directors of OlaCabs, Charles Schwab and Accenture. He is currently Chairman of Cerence, a conversational...
had donated over USD 540,000 towards the humanitarian crisis. Gojek Lyft OlaCabs "Careem rolling out 'most significant rebrand' in its history". campaignme...
India. Prior to the entry of OlaCabs and Uber, Bangalore had taxi services such as Meru Cabs, KSTDC and Mega Cabs. Meru Cabs started plying in 2007, whereas...
among the seven worst traffic bottlenecks in India, a list compiled by OlaCabs as part of a study. The junction is also one of the two most polluted areas...
station, on the Konkan Railway. Ride hailing services such as Uber and OlaCabs are not available in the airport. The State-owned Kadamba Transport Corporation...
available. This is the most used means of transport by the people of Ludhiana. OlaCabs launched in the city on 7 October 2014. Uber is also very popular in the...
Gett and Ola sign corporate partnership". CityAM. 2020-08-06. Retrieved 2021-05-17. "Gett inks deal with Curb Mobility to bring yellow cabs to its enterprise-focused...
Lupin Limited Lenskart Lodha Group Micro Labs Myntra Motilal Oswal group OlaCabs OYO Rooms Piramal Group Paytm Raymond Group Rajasthan Patrika RPG Group...
destination. Some of the largest vehicle for hire companies include Uber, OlaCabs, Bolt, DiDi, and Grab. "Taxicabs, Vehicle-For-Hire & Pipelines". Los Angeles...
Suri-Bolpur-Kolkata). Bus and private cars are available from Kolkata (outstation cab service of OlaCabs, Uber from Kolkata), Durgapur City Centre Bus Stop, Katwa, Berhampore...
in both early and late stage companies in India, such as INR 0.95 Cr in OlaCabs. In April 2015, it was reported that Tata had acquired a stake in Chinese...
area is well connected by regular bus services, Auto rickshaw, Uber and Olacabs along with Cycle rickshaws. The construction of Delhi Metro's New line...
Global Information
₹2,799 crore (US$350 million) (FY23)[2]
₹−772 crore (US$−97 million) (FY23)[2]