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Rentals With Ola Rentals you get a cab at your disposal. Hourly Packages. Multiple Stops. Top-Rated Partners. Why ride with Ola? The best way to travel to your destination. Ola Select A membership program with Ola that lets you ride a Prime Sedan at Mini fares, book cabs without peak pricing and has zero wait time. Share and Express To travel with the lowest fares choose Ola Share. Secure and Safer Rides Verified drivers, an emergency alert button, and live ride tracking are some of the features that we have in place to ensure you a safe travel experience.
Cashless Rides Now go cashless and travel easy. Meet our Awesome Fleet The widest variety of cars to choose from. Auto Get an Auto at your doorstep. The all too familiar auto ride, minus the hassle of waiting and haggling for price. A convenient way to travel everyday. Bike On Time, Every time. Hate waiting in the snarling traffic each day? Simply book a bike with a tap of a button and ride away within minutes and all this at the most affordable rates in town!
Share Eco-friendly rides at pocket-friendly rates. Fully air conditioned cars that you can share with others depending on your route and location. Micro Small fares for short rides. Compact yet comfortable AC cars that seat up to 3 people and give you great value for your money. Small fares for short rides. Mini Everyday dependable ride.
A regular comfortable AC hatchback that becomes your everyday dependable ride. An economical option for daily commute. Prime Sedan Sedans with free Wi-Fi and top drivers. Top rated drivers, and a hand-picked fleet of the best cars with extra legroom and boot space. Prime Play Enjoy music, radio, videos on the go. Cars with in-cab entertainment consoles that allow you to watch movies, listen to music and stay connected while on the move.
A perfect choice of car for your weekend getaways, with plenty of room for everyone including that extra bag. Lux The new luxury ride in town. Go green by booking yourself an e-rickshaw ride online and travel short distances without the hassle of managing and arranging change. Kaali Peeli Haggle-free cashless rides. This offering by Ola allows you to book a local black-yellow cab like any other Ola cab.
The Russian military says it has struck a Ukrainian explosives factory, several artillery depots and hundreds of other targets. Trade Setup: Monday likely to see a tepid start Siddarth Bhamre on how to deploy options strategy Navneet Rana sent to day judicial custody PM Modi pitches for cashless transactions.
Mutual Funds. ET NOW. Shabana Azmi is upset with Ola's negligence, says her niece had a 'horrific experience' The driver made Azmi's niece get down half way late at night because he was getting late. Both have applied for renewal of their permits but the transport department has not processed their applications. An interim order has now come to their rescue.
Tired of cabbies rejecting rides after knowing your drop location or mode of payment? Ola's CEO optimistic new update will solve that This fresh update comes as a step to have fewer cancellations. In the fast lane: Ola CEO shares stories of excited customers as company begins e-scooter test rides in Delhi, Bengaluru Aggarwal also informed that the test drives will soon be conducted in other cities as well.
All News Videos. Ola's cab business recovers to pre-pandemic levels ahead of IPO The recovery in the ride-hailing business comes at a time when Ola has diversified into manufacturing electric vehicles and lined up plans to launch an IPO by early Ride-hailing moves up a gear; Flipkart's D2C ambitions Eighteen months into the pandemic, Ola reports that its gross merchandise value is finally back to pre-pandemic levels. Fingers crossed on that third wave. Ola appoints Rakesh Bhardwaj as group chief information officer Rakesh Bhardwaj as Ola's group chief information officer will be instrumental in developing the technology backbone that will power growth across businesses, Group CEO Bhavish Aggarwal says.
Ola offers free delivery of oxygen concentrators to Covid patients. Over 80 pc consumers support government's move to cap surge pricing for online taxi platforms "The survey that collected responses from more than 16, consumers states that 81 per cent approve of the 1.
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For a faster travel experience we have Share Express on some fixed routes with zero deviations. Choose your ride and zoom away! Verified drivers, an emergency alert button, and live ride tracking are some of the features that we have in place to ensure you a safe travel experience. Play music, watch videos and a lot more with Ola Play!
Also stay connected even if you are travelling through poor network areas with our free wifi facility. Now go cashless and travel easy. Listen to the music you love, tune into your favorite radio stations or watch TV shows and movies in HD, all from the back seat of your cab with Ola Play! A dedicated 24x7 customer support team always at your service to help solve any problem. Keep your loved ones informed about your travel routes or call emergency services when in need.
All our driver-partners are background verified and trained to deliver only the best experience. City Taxi. Be entertained with Ola Play Discover movies and music on your daily ride. Get yourself a Share Pass Enjoy cheapest rides on the go. Sign up for Ola Corporate Employee travel management made easy. A car for every occasion Ola offers city taxis, inter-city cabs, and local cabs at hourly packages. City taxi The perfect way to get through your everyday travel needs.
AC Cabs. Pocket Friendly. Cashless Rides. One-Way Trips. Advance Booking. Safe Rides. Rentals With Ola Rentals you get a cab at your disposal. Hourly Packages. Multiple Stops. Top-Rated Partners. Why ride with Ola? The best way to travel to your destination. Ola Select A membership program with Ola that lets you ride a Prime Sedan at Mini fares, book cabs without peak pricing and has zero wait time. Share and Express To travel with the lowest fares choose Ola Share.
Secure and Safer Rides Verified drivers, an emergency alert button, and live ride tracking are some of the features that we have in place to ensure you a safe travel experience. Cashless Rides Now go cashless and travel easy. Meet our Awesome Fleet The widest variety of cars to choose from. Auto Get an Auto at your doorstep. The content in this post has been approved by Ola.
Ola needs no introduction. The first Indian cab aggregator company, Ola has made availing of cab services a smooth experience. Being a pioneer among the cab companies in India, Ola bridges the gap between cab owners and commuters, and it has done so really well! Instead of buying and renting out its own cars, Ola partners with a number of taxi drivers and owners and adds a touch of modern technology to the whole setup. This allows people to book cabs at a short notice through Ola's app.
It has users in over cities of India and employs 2. Driven by a hyperlocal approach, Ola is committed to its mission of building mobility for a billion people. Staying in line with its mission, Ola has also ventured into auto and bike booking services. Ola also started off a bicycle sharing service called 'Ola Pedal' in to facilitate last-mile connectivity. Here is a detailed company profile of Ola:. Ola has simplified the process of cab booking.
From easy payment options to keeping the passengers entertained on the go with 'Ola Play', Ola takes care of everything to ensure a smooth ride. Ola now also operates self-drive cars. Be it self-drive or cab-hailing, Ola cabsoffers a wide range of cars to choose from depending on the number of travelers, budget, and convenience. For traveling within the city, one can hire shared taxis, autos, bikes, and even e-rickshaws through Ola.
Hence, companies can easily track the travel expenses of their employees while ensuring their safety. Ola has also introduced Ola money. The products offered under Ola money are Ola money credit card , Ola money postpaid , Ola money mobile wallet, and Ola money hospicash.
Ola hospicash is a collaboration between Ola and Religare health insurance that allows the policyholders to claim Rs per day in case of hospitalization. Ola operates with transparency. The commission is given to drivers for every sale made. Ola is known to charge far less than many other cab operators.
With the acquisition of FoodPanda in December , Ola also forayed into the cloud kitchen segment. Ola launched India's first multimodal electric vehicle project on 26 May The project brought together industry experts and the Indian government to pioneer electric vehicles for the public and promote shared mobility in Nagpur.
Established as a separate entity, Ola Electric Mobility Pvt. These proceeds, as the company mentioned, will go towards the funding and financial closure of the first phase of development of the manufacturing factory of its electric two-wheelers, which is based out of Chennai.
According to OLA's December statement, the company had already announced that it would set up Phase 1 of the factory with investments amounting to Rs 2, crore. The Ola Electric scooters have already started pre-bookings and have registered over 1 lakh pre-bookings. Now, the company is to finally launch them, as per Bhavish Aggarwal's new Twitter post, on August 15, Thanks to all who have reserved our scooter!
Planning a launch event for the Ola Scooter on 15th August. Will share full specs and details on product and availability dates. Looking forward to it! After exceeding expectations in the pre-booking round, Ola Electric scooters are finally live for purchase on their website and via the Ola app from September 15, The company had already sold Rs crores worth of electric scooters in just 2 days.
The market is expected to grow at a CAGR of 6. The increase is supposed to happen due to the changing lifestyles of travelers and the growing disposable incomes of consumers, especially in Tier-I and Tier-II cities. Tech in computer science in the year Ola cabs owner Bhavish worked for Microsoft Research in Bangalore for two years right after college. He filed 2 patents and published 3 research publications in international journals during his stint at Microsoft. While chasing his entrepreneurial dream, he started an online company to sell short-duration tours and holidays before transforming it into Ola Cabs.
The Ola chief Bhavish Aggarwal will reportedly be stepping down from the day-to-day operations of the core business of Ola and will be more involved with the new and upcoming businesses of the company. Bhavish confirmed that he would not be retiring but will move on to the overseeing Ola team building, product building, engineering functions, two-wheelers, car projects, quick commerce verticals, international expansion and more.
Ankit Bhati is the Co-founder and the CTO of Ola and heads the technical aspects of Ola Cabs, ensuring a quick, convenient, and instinctive experience for the customers and partners. Tech in Mechanical Engineering and an M. Tech in CAD and automation. By , he had already worked on several freelance projects and with startups like Wilcom, QED42, etc. Ankit finally decided to give up his nomadic professional life for his own start-up. He became part of the Ola Cabs journey in November There were speculations that Ankit Bhati has left Ola but these were nothing but rumors and falsities, as said by Ola Co-founder Bhavish.
Ola was launched on 3rd December There is an interesting story behind Ola's start. Born in Ludhiana, Ola owner Bhavish Aggarwal was just like every other success-driven entrepreneur. Bhavish first started an online site named Olatrip. While trying to keep his holiday and tour planning business afloat, Bhavish had to travel from Bangalore to Bandipur for which he rented out a car.
The cab experience was horrendous! The driver stopped the car in the middle of the journey and demanded a re-negotiation of what Bhavish was paying. After being refused, the driver proceeded to abandon Bhavish en route to his destination. This is when he realized how his plight was probably similar to a lot of customers across the country who were looking for quality cab services.
Bhavish saw the potential of an extraordinary cab booking service, and he changed Olatrip. Bhavish on-boarded his co-founder Ankit Bhati for taking Ola Cabs forward. Bhavish believes that anyone can have a good business idea but to implement it successfully, one must have a scalable model to power the business. After the idea, the design and vision were done by the product manager, Usha Loutongbam, and Bhavish himself. As for the developers who converted these ideas into reality, the first version for Android was built by Ajinkya Potdar and for iOS by Khushal Bokadey.
Both of them joined Ola for two months of internship and did an excellent job rolling out the release in real quick time. Neeti Birla developed the backend APIs. The main focus of the new releases was to make the app feature-rich and improve the user experience without losing the essence of one-touch cab booking. If you believe that Ola is some sort of abbreviation or short form, you are wrong. Ola's logo is simple and styled as OLA. The logo also has an "O" which represents a tyre.
Ola has a simple business model. It acts as a facilitator to provide cab-booking services. Customers can book their cabs through the app. Ola does not own any of the cabs. Only those drivers with valid permits duly authorized and verified by transport authorities can sign up with Ola; they could be either self-employed or work for an operator who owns multiple cars.
Just like how we as customers use the Ola app, the drivers get access to a driver-specific mobile app on their smartphone once they register with Ola. This is done only after a thorough check of authenticity and conducting due diligence of the commercial papers and the personal papers of both the driver and the operator.
The drivers have the flexibility to decide their own time to log in to the Ola application and accept requests for rides from customers. They may choose to remain logged out of the system as per their convenience. Ola has also got into 3 international markets namely Australia, the United Kingdom , and New Zealand. In Australia, it has set up operations in seven cities. It claims to have registered 40, drivers on its app in Australia. This also includes debt financing and secondary market.
The recent Series J funding received by OLA succeeds the mobility giant's approval of the allotment of 66, Series J1 preference shares, which is currently fixed at an issue price of Rs for a single share, which helped the company raise Rs crore, as per the regulatory filings of the company. Vanguard Group and T Rowe Price have lowered their revenue down in , according to the reports. The company successfully raised the mentioned funds via the TLB round on December 16, These new funds will be allocated to further steer the company ahead in the mobility industry.
Ola is funded by 48 investors with 23 lead investors, as per data available till July 10, In , the Ola owners Bhavish and Ankit identified a serious gap in Mumbai. Cabs used to be idle. Cab operators charged high irrespective of the distance to compensate for the time they stayed idle. Poor services and delays were treated as an obvious thing. In , they could make 10 bookings in a day. In October , they booked , daily rides.
They thought of piloting tracking devices in each cab but let go of the idea in January In April , Ola expanded its operation in Bangalore and Delhi. Ola has covered an interesting journey from being nothing to becoming a company that provides a livelihood to thousands of people. Ola has already geared up to launch its first electric scooter under Ola Electric and is now all set to step on a new journey involving used cars. According to the reports dated July 27, , Ola is looking to start its used car retailing business soon in Bengaluru.
The ride-hailing giant aims for a full-stack model where it will buy cars from the driver partners of the company and other people, and sell them to buyers after they are set right, said a close source aware of the future plans requesting anonymity.
The new business is likely to be called "Ola Cars. Ola, which suffered heavily due to the coronavirus pandemic, being a ride-hailing app, has seen quite a progress after the lockdown and other strictures have been lifted. The company confirmed that the recovery it has witnessed from the second wave of Covid was 3X faster than what it has seen while shaking off the blues of the first wave.
India is moving again! Our olacabs GMV crossed pre-covid levels last week. Recovery from second wave is 3 times faster. Clearly India is up and about! This increase in usage is primarily because most people now are opting to avoid public transport and moving on with personal or shared ways of mobility.
Bhavish further emphasized that the "Ola rides are safe. Ola is currently onboarding more driver-partners. Besides, the company is also looking to enter new cities and build newer products to serve the growing mobility demands of the people post-Covid. The aforementioned question is the 2nd most popular question that Bhavish gets. Cab cancellation is something that all of the industry's players face but that issue will soon be bettered with the new feature of the Ola app, which will enable the drivers to see an approx drop location and the payment mode before they accept an Ola ride.
Bhavish tweeted, "Enabling drivers is key to reducing cancellations. The cab aggregating giant has always kept the drop location and the approx payment method hidden from the drivers, however, that somehow was not working out, as pointed out by Vineeta Singh, Sugar cosmetics CEO earlier in August
Ride out of town at affordable one-way and round-trip fares with Ola's intercity travel service. Choose from a range of AC cabs driven by top partners. Ola Cabs is an Indian multinational ridesharing company, headquartered in Bangalore. It also operates in other business verticals including financial services, cloud kitchens, and used-car marketplace. A variety of venture capitalists including. Ola Cabs (stylized as OLΛ) is an Indian multinational ridesharing company, headquartered in Bangalore. It also operates in other business verticals.