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Ola gives big relief during coronavirus times, waives off lease rentals for driver-partners, set to provide medical support

Ola gives big relief during coronavirus times, waives off lease rentals for driver-partners, set to provide medical support

Wed, Mar 25, 2020

Cab aggregator Ola has stepped up in difficult times and has announced several relief measures for its driver partners.

Ola, Uber suspend services; Grofers taking precautions – What startups are doing against coronavirus outbreak

Ola, Uber suspend services; Grofers taking precautions – What startups are doing against coronavirus outbreak

Mon, Mar 23, 2020

India’s startup ecosystem has been hit hard by the coronavirus outbreak with several companies forced to either suspend their services or change the way they work.

FASTag: Paytm Bank partners with Ola, Uber to issue 1 lakh toll-transit coupons

FASTag: Paytm Bank partners with Ola, Uber to issue 1 lakh toll-transit coupons

Fri, Feb 21, 2020

FASTag: Paytm Payments Bank today announced that it has entered into a strategic partnership with ride-hailing companies, Ola and Uber.

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Ola expands UK operation to three new cities

Ola expands UK operation to three new cities

Fri, Mar 29, 2019

The company started service in UK from Cardiff in August 2018. It then started operations in Bristol in October 2018, followed by Bath and Exeter in November 2018. Ola is planning to expand operation across North England and the Midlands in the coming months.

Self-drive an Ola cab soon in India; company to invest $500 mn, deploy 10,000 vehicles including SUVs

Self-drive an Ola cab soon in India; company to invest $500 mn, deploy 10,000 vehicles including SUVs

Thu, Mar 28, 2019

In a bid to expand its portfolio of transportation solutions, ride-hailing platform Ola is set to launch a 'self-drive' service in India and that to as early as the next quarter, sources told Zee Business Online on Thursday.

Karnataka government lifts ban on Ola cabs

Karnataka government lifts ban on Ola cabs

Sun, Mar 24, 2019

"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.

Ola ban in Karnataka: State govt open for talks

Ola ban in Karnataka: State govt open for talks

Sat, Mar 23, 2019

Karnataka kept the door open on Saturday to talks with local ride-hailing service Ola to avoid a ban that could help rival Uber build market share.

Biggest investment ever! Hyundai, Kia invest over Rs 2,000 crore in Ola - From India-specific EVs to infra, all details here

Biggest investment ever! Hyundai, Kia invest over Rs 2,000 crore in Ola - From India-specific EVs to infra, all details here

Wed, Mar 20, 2019

In their single biggest investment ever, Hyundai Motor Co and its affiliate Kia Motors Corp on Tuesday announced an investment of Rs 2,068 crore ($300 million) in India's leading ride-hailing cab aggregator Ola.

Ola, Hyundai in talks for USD 300 mn fund infusion

Ola, Hyundai in talks for USD 300 mn fund infusion

Fri, Mar 08, 2019

The fresh funding will give the Bengaluru-based company more ammunition to compete with rival Uber in India and other markets like Australia, New Zealand and the UK.

Ola's electric mobility unit raises $56 million in first funding round

Ola's electric mobility unit raises $56 million in first funding round

Fri, Mar 01, 2019

The announcement comes a day after India`s cabinet approved a scheme to spend $1.4 billion to subsidise sales of electric and hybrid vehicles as part of efforts to curb pollution and reduce dependency on fossil fuels.

Ola, Uber rival? Mahindra enters taxi service with this electric car

Ola, Uber rival? Mahindra enters taxi service with this electric car

Wed, Feb 27, 2019

Mahindra and Mahindra aims to make electric vehicles commercially viable.

Sachin Bansal is putting his money into these firms after he got whopping amount from Flipkart stake sale

Sachin Bansal is putting his money into these firms after he got whopping amount from Flipkart stake sale

Wed, Feb 20, 2019

Sachin Bansal, co-founder of e-commerce major Flipkart, has invested Rs 650 crore or $92 million in Ola, a ride-hailing start-up in India.

Internet entrepreneur and Flipkart co-founder Sachin Bansal invests Rs 650 crore in Ola Cabs

Internet entrepreneur and Flipkart co-founder Sachin Bansal invests Rs 650 crore in Ola Cabs

Tue, Feb 19, 2019

Internet entrepreneur and Flipkart co-founder Sachin Bansal has invested Rs 650 crore, or about $92 million, in ride-hailing platform Ola in his personal capacity as investor , the company said in a statement on Tuesday.

Ola Money Postpaid: Ride for free now, and pay later - Here is how to activate the plan to hire cabs, taxis

Ola Money Postpaid: Ride for free now, and pay later - Here is how to activate the plan to hire cabs, taxis

Thu, Jan 17, 2019

Ola has introduced its new payment service - Ola Money Postpaid. The service was introduced last year as a pilot and has received tremendous response from customers with 30% growth month-on-month. T

Ola drives into UK, looks to beat Uber with this big feature

Ola drives into UK, looks to beat Uber with this big feature

Tue, Aug 07, 2018

India's ride-hailing service Ola today announced its plans to expand into the UK with a "dynamic and responsible" new taxi service, marking its entry into the second global market after Australia earlier this year.

Ola's losses widen to Rs 4,898 cr in FY'17

Ola's losses widen to Rs 4,898 cr in FY'17

Thu, Jun 14, 2018

Ola, which is locked in a bruising battle for market leadership in the Indian market against American rival Uber, had registered a loss of Rs 3,147.9 crore in FY2015-16. During the same period, ANI Technologies -- the entity running Ola -- saw its consolidated total income rising over 70 per cent to Rs 1,380.7 crore as against Rs 810.7 crore in FY2015-16, as per documents filed with Registrar of Companies (RoC).

How to get a loan? Now, go to Flipkart, Amazon, Uber, Ola

How to get a loan? Now, go to Flipkart, Amazon, Uber, Ola

Tue, May 29, 2018

The finance ministry has joined hands with over two dozen e-commerce firms, including major players like Amazon, Flipkart, Ola and Uber, to provide easy finance to small entrepreneurs under the Pradhan Mantri Mudra Yojana (PMMY), a top government official said.

Finmin ties up with e-commerce firms to give loans under PMMY

Finmin ties up with e-commerce firms to give loans under PMMY

Wed, May 23, 2018

The three way partnership between lenders, industry and the government aims to facilitate small business loans.

India's Ola in 3 more Australian cities

India's Ola in 3 more Australian cities

Tue, May 22, 2018

Indian ride-sharing major Ola on Tuesday expanded its services in Australia to three more cities -- Brisbane, Gold Coast and Canberra. "Customers in these cities can book discounted rides using Ola app starting Tuesday," the city-based online cab aggregator said in a statement here.

Facebook 2nd most trusted internet brand in India; you won't believe who is not in top 10

Thu, Apr 26, 2018

TRA Brand Trust Report 2018 has just been released and it has some interesting findings for India's preference towards internet brands. The survey was carried out during November 2017-January 2018 and did not take into account the recent reports of data breach and privacy involving Facebook.

Quotable quotes: Uber success is hard-coded to India's success, says this honcho

Quotable quotes: Uber success is hard-coded to India's success, says this honcho

Thu, Apr 19, 2018

On an average, commuters in Delhi, Bengaluru and Mumbai are taking 1.5 times longer to travel a given distance. The study also explains how ride-sharing would reduce private cars by 33-68%. Over 79% of the people who plan on buying a new car in the next five years would refrain from doing so if ride-sharing matches car ownership for affordability and convenience.

Get set for an electric ride on Ola; here is when

Get set for an electric ride on Ola; here is when

Mon, Apr 16, 2018

Ola will place 10,000 E-rickshaws and electric auto-rickshaws in its service in the next 12 months.

Ola to launch 10,000 electric vehicles over 12 months

Ola to launch 10,000 electric vehicles over 12 months

Mon, Apr 16, 2018

SoftBank-backed cab aggregator Ola today said it plans to add 10,000 electric vehicles, a majority being e-rickshaws, to its platform over the next 12 months as part of its 'Mission Electric' programme.

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