Journalism of Courage
Ola Cabs
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Ola Consumer: A Pivot to the Domestic Market Ola Consumer, formerly known as Ola Cabs, has significantly reshaped its business strategy. Initially launched as a ride-hailing service, the Bangalore-headquartered company expanded its operations into financial services and cloud kitchens, establishing ...
- Company type Private
- Industry Transportation, Food Industry
- Founded 3 December 2010
- Headquarters 414, 3rd Floor 4th Block, 17th Main, 100 Feet Road Koramangala Bangalore, Karnataka, India 560034
- Area served India
- Key people Bhavish Aggarwal,
- Services Vehicle for hire, Financial services, Food delivery
- Revenue ₹2,799 crore (US$320 million) (FY23)
- Net income ₹-772 crore (US$-88 million) (FY23)
- Number of employees ~3,000 (2020)
- Parent ANI Technologies
- Website www.olacabs.com
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Ola Cabs history
Last Updated : 08/03/25, 02:45 PM
Ola's Journey from Trip Planner to Consumer Platform Ola's history began in 2010 with Olatripcom, a Delhi-based trip planning service. The company quickly pivoted to the burgeoning on-demand cab market, launching Ola Cabs in 2011. Initially reliant on phone bookings, Ola adopted a mobile app in 2012...
OLA CABS NEWS
How would Ola, Uber cause truck sales to plummet: Yashwant Sinha
September 14, 2019 9:40 pm
"People in the government are making weird statements. These statements will not lead to betterment of economy. But they will definitely affect the government's image," said Yashwant Sinha.
Mumbai: MEMS receive 150 calls for ambulance; cabs charge over Rs 1,000 for 20-km journey
June 29, 2019 7:21 am
The state-run Maharashtra Emergency Medical Services (MEMS) received over 150 calls for ambulance on Friday.
Pune: Two men book Ola cab to murder driver, steal car
June 24, 2019 3:49 am
The body of the cab driver, identified as Sunil Raghunath Sastri (52), a resident of Pathare Vasti, Lohegaon, was found in an open plot of land on the Katraj-Kondhwa Road, behind Kesar Lodge, early on Saturday morning.
Karnataka govt revokes six-month suspension order on Ola cabs
March 24, 2019 1:19 pm
Ola's license was suspended for six months after the company flouted rules and started operating "two-wheeler taxi service" without permission in Karnataka.
Ola to invest $100 million in Vogo scooter-sharing platform
December 18, 2018 1:10 pm
Ola has also invested in Vogo as part of the latter's series A fundraising that saw participation from Matrix Partners India and Stellaris Venture Partners.
Ola to soon launch services in New Zealand, invites private vehicle owners to sign up
September 18, 2018 8:15 am
Ola, which is already running its operations in Australia and the United Kingdom, will provide services in Auckland, Christchurch and Wellington.
EV: Ola falls way short of 200-fleet target in Nagpur
April 07, 2018 10:49 am
At the launch of the scheme on May 26, it was told that a fleet of 200 e-vehicles was being introduced by a collaborative partnership of Ola Cabs and Mahindra Group along with the Government of India.
Ola acquires transport ticketing and commuting app Ridlr
April 03, 2018 2:14 pm
With this acquisition, Ola will bring new technology and mobility options as it works to expand into and partner cities in India and abroad.
Fleeing with stolen Ola cab, man crashes into truck, dies
November 06, 2017 2:21 am
“The doctors informed police that he sustained head, chest and leg injuries. His body has been preserved for post-mortem,” the officer said.
Police: Ola cab driver arrested for misbehaving with techie
August 09, 2017 12:59 am
The driver has been arrested on charges of stalking and obscene behaviour. A First Information Report has been filed by the engineer, who lives in Vadgaon Sheri and works at a private company.
