Ola

Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Ola is a ride-hailing and mobility service company. Headquartered in Bengaluru, it serves over 250 cities across India, Australia, New Zealand, and the UK.

It ventured into its first overseas market in Australia in January 2018, followed by New Zealand in September, and then the UK in 2019.

The Ola mobile application allows users to sign up using their mobile numbers, set up their accounts and access all its features, which include, booking rides, buying their electric vehicle products, and insurance.

In 2019, the company launched Ola Bike, which offers bike taxi services for short-distance travelling. And in 2020, it launched Ola Fleet which caters to corporate travel and employee transportation.

The company has raised $5 billion in funding across 29 rounds. Its investors include SoftBank, Steadview Capital, and Temasek Holdings, among others.

In 2017, Aggarwal launched Ola Electric, which unveiled its first electric scooter Ola S1 in August 2021, soon after the announcement of its construction of the world's largest electric scooter manufacturing plant in Tamil Nadu, India.

Articles(3118)
Videos(4)

AI Gen

How BluSmart is Disrupting India's Ride-Hailing Market with Electric Vehicles

Nucleus_AI | September 30, 2024

BluSmart is revolutionizing India’s ride-hailing industry with its all-electric fleet, offering zero cancellations and eco-friendly rides, challenging...

TechSparks

Wrapping up TechSparks 2024: Here’s all that happened on Day 3

Debolina Biswas | September 28, 2024

On the final day of TechSparks 2024, YourStory curated a power-packed day with speakers, including Shri Amitabh Kant, Bhavish Aggarwal, Vishal Dhupar, and many more.

TechSparks

Celebrate homegrown entrepreneurs over Western founders, says Ola's Bhavish Aggarwal

Aparajita Saxena | September 28, 2024

Commending India as a "nation of significance," Ola's Bhavish Aggarwal underscored the critical imperative of steering the country toward becoming a global innovation leader.

Funding

Ex-Koo Co-founder's new venture Billion Hearts raises $250K in angel funding

Abha Warrier | September 18, 2024

The investors include founders of redBus, Ola, Myntra, InMobi, MoEngage, Jaypore, Udhyam and Healthi.

AI Gen

Krutrim AI Cloud Free for All Until Diwali 2025! Don't Miss Out

Nucleus_AI | August 16, 2024

Krutrim, the artificial intelligence division of Ola, has announced that its AI cloud services will be available for free until Diwali.

News

Ola launches loyalty programme, reintroduces share cabs to boost cabs business

Team YS | August 15, 2024

Ola Cabs has launched a loyalty programme called Ola Coin, besides reintroducing share cabs on its platform, as the company looks to reinvigorate its cabs business amid rising competition. Meanwhile, Ola Cabs, which stands at #3 in the market, behind Uber and Rapido, has been rebranded as Ola Cons

In Depth

Can Ola Maps plot its way to success on Google's turf?

Bhuvana Kamath | August 6, 2024

Last month, Ola took a new turn with the launch of Ola Maps, spurring a price war of sorts. Short-term impact apart, can the company make a big dent in the navigation tech space and challenge Google’s dominance in the long run?