Ola

Ola is a ridesharing platform that allows users to find rides from individual drivers in India. Read more

664,191 Followers on Owler
664,191 Followers on Owler
664,191 Followers on Owler
664,191 Followers on Owler

Ola

Ola is a ridesharing platform that allows users to find rides from individual drivers in India. Read more

Bhavish Aggarwal's photo - Co-Founder & CEO of Ola

Co-Founder & CEO

Bhavish Aggarwal

CEO Approval Rating

77/100

Founded:

2011

Status:

PrivateIndependent Company

OLA TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Uber is the top competitor of Ola. Uber is a Public company that was founded in San Francisco, California in 2008. Like Ola, Uber also operates in the Application Software sector. Uber has 15,800 more employees vs. Ola.

Grab is seen as one of Ola's biggest rivals. Grab was founded in Midview City, Central Singapore} in 2012. Like Ola, Grab also competes in the Application Software space. Compared to Ola, Grab generates $1.9B more revenue.

Meru is perceived as one of Ola's biggest rivals. Meru was founded in 2007, and is headquartered in Mumbai, Maharashtra. Like Ola, Meru also operates in the Application Software space. Meru generates $332.8M less revenue vs. Ola.

Weigh-in!

Help the Owler community know more

Growth Score - 1/1

Is $360M a good estimate for Ola's revenue?

Ola Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Pikup

Aug 2019

Source »
undisclosed
Pikup develops an AI based in-store shopping application that offers cashless payment solutions for retailers.
Birds Eye Systems Private Limited

Apr 2018

Source »
undisclosed
Ridlr is a public transport commuting application that allows users to discover real-time transit schedules, buy tickets and monitor traffic congestion.

-

India Business, Foodpanda GmbH

Dec 2017

Source »
undisclosed
-
Xinhai

Mar 2016

Source »
undisclosed
Qarth Technologies offers a mobile payment application that enable individuals and merchants to make retail payments.
Geotagg

Nov 2015

Source »
undisclosed
Geotagg is a mobile application that helps users with real time data about traffic.

These are all the companies that Ola has acquired. Ola has acquired 6 companies and its latest acquisition was Pikup in Aug 2019. Pikup develops an AI based in-store shopping application that offers cashless payment solutions for retailers.

Ola Funding History

Since Ola was founded in 2011, it has participated in 22 rounds of funding. In total Ola has raised $3.7B. Ola's last funding round was on Sep 2019 for a total of $5.1M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2019
$5.1M

ARK Impact

Equity
Jul 2019
$11.4M
Equity
Mar 2019
$351.5M

Hyundai Motor Company

Equity
Feb 2019
$91M
-
Equity
Jan 2019
$95M

Since Ola was founded in 2011, it has participated in 22 rounds of funding. In total Ola has raised $3.7B. Ola's last funding round was on Sep 2019 for a total of $5.1M

Ola Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Avail Finance is an India-based neo-bank that provides loans, salary advances and related products for individuals.
-
Jun 27, 2019
Series A
-
Vogo is a ride-sharing application that allows commuters to book self-drive scooters for rent.
$100M
Dec 17, 2018
Equity
-
Vogo is a ride-sharing application that allows commuters to book self-drive scooters for rent.
$6.5M
Aug 12, 2018
Series A
-
Mswipe is a provider of mobile point-of-sale payment solutions for businesses and financial institutions.
$31M
Jun 20, 2017
Series D
-
Urban Ladder is an e-commerce marketplace that allows users to shop for furniture and home decor products.
$15.2M
Feb 16, 2017
Series E
-

These are all the companies that Ola has invested in. Ola has invested 6 companies and its latest investment was Pikup in Aug 2019. Pikup develops an AI based in-store shopping application that offers cashless payment solutions for retailers.

Ola News

March 24, 2021ETCIO

Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bid

PolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE ... See more »
March 23, 2021The Hindu Business Line

Our mobility business is not just recovering but rapidly growing, says Ola's Varun Dubey

Ola Electric recently announced its plans to set up the world's largest two-wheeler manufacturing pla... See more »
March 22, 2021Techstory

Temasek To Take A 5% Stake In Ola For $150-200 Million

Temasek To Take A 5% Stake In Ola For $150-200 Million IMAGE CREDIT @OLA OLA was valued at around $6.... See more »
March 18, 2021YourStory

Ola to cover COVID-19 vaccination cost for employees, immediate dependents

Ola will also cover COVID-19 vaccination cost for all direct contractual employees, consultants, advi... See more »
March 17, 2021Business Standard

Ola to roll out Covid vaccination drive for employees

The vaccination drive will include all Ola employees and dependents, advisors, consultants, and contr... See more »
March 12, 2021TechCrunch

Dutch court rejects Uber drivers' 'robo-firing' charge but tells Ola to explain algo-deductions

Uber has had a good result against litigation in the Netherlands, where its European business is head... See more »

Ola Blogs

December 8, 2020Ola Blog

boAt deals just for you with Ola Rentals

Got an Ola Corporate profile? Here’s a great deal for you. Take two trips with Ola Rentals, booked on... See more »
December 8, 2020Ola Blog

Lifestyle deals just for you with Ola Rentals

Got an Ola Corporate profile? Here’s a great deal for you. Take an Ola Rentals ride with your Corpora... See more »
November 24, 2020Ola Blog

Book an Ola Drive and you could win a stay at Club Mahindra

Ola Drive and Club Mahindra bring you the best deal for a great vacation! Book Ola Drive using the DR... See more »
November 24, 2020Ola Blog

Unlock a boAt voucher with Outstation/Rentals rides

To end the year on a good note, we’re bringing you an exciting offer in collaboration with boAt. By t... See more »
November 20, 2020Ola Blog

Get a BoAT voucher with Ola Privileges

To end the year on a good note, we’re bringing you an exciting offer in collaboration with BoAT. By t... See more »
November 17, 2020Ola Blog

Say, “Beach, please!” with Ola Drive

This year’s Goa trip just got an easy upgrade: Goa is now covered by Ola Drive. All you have to do is... See more »
November 13, 2020Ola Blog

Go cashless with PhonePe. Get cashback!

Stay well-protected, and minimise contact by using PhonePe to pay for your Ola rides. Get scratch car... See more »

Ola Press Releases

March 15, 2017Webnewswire

Local Taxi Association adopt mobile app for transformation Partners with technology firm to counter Ola and Uber

Coimbatore, Mar 10, 2017: Coimbatore based Uzhaikkum Karangal Taxi (UKT) Owners and Drivers Welfare A... See more »
March 9, 2017India PRwire

Coimbatore's Local Taxi Association adopt mobile app for transformation. Partners with technology firm to counter Ola and Uber

UK Taxi Association and Moovlee partners to build a social platform for app based taxi services... See more »
February 22, 2017BriefingWire

Stepinn Hotels ties with Ola cabs for local travel

The leading premium luxury Stepinn hotels have made a significant impact in the market by announcing ... See more »
December 22, 2016Blackbird

Taxi apps hail new guidelines

NEW DELHI: Ride-hailing firms Ola and Uber have welcomed the revised guidelines for the taxi industry... See more »
December 16, 2016India Press Release

Frogo Partners with Ola to Celebrate it's 6th Birthday!

Frogo has partnered with Ola to bring up the cheer of Ola's 6th birthday celebrations.... See more »

Ola Videos

Social Media

Ola Headquarters

17th Main, 100 Feet Road Suite 414, 3rd Floor, 4th Block, Koramangala

Bengaluru, Karnataka560034

080-67350900

Driving Directions »

Trending Companies

Ola Summary

ABOUT

Overview

Olacabs is an online mobile application that provides cab bookings and car rental services. Founded in 2010, it is one of the fastest growing businesses in India with a network of over 200,000 cars across 85 cities. The company stemmed from the diffic...

CEO

Ola's Co-Founder & CEO, Bhavish Aggarwal, currently has an approval rating of 77%. Ola's primary competitors are Uber, Grab & Meru.

Website

olacabs.com

Frequently Asked Questions about Ola

  1. When was Ola founded?

    Ola was founded in 2011
  2. Who is Ola's CEO?

    Ola's CEO is Bhavish Aggarwal
  3. How much revenue does Ola generate?

    Ola generates $360M in revenue
  4. How much funding does Ola have?

    Ola has historically raised $3.7B in funding
  5. Where is Ola's headquarters?

    Ola's headquarters is in Bengaluru Karnataka, IN
  1. How many employees does Ola have?

    Ola has 7,000 employees
  2. What sector does Ola operate in?

    Ola is in Application Software, Ride Sharing
  3. Who are Ola's competitors?

    Ola's top competitors are Uber, Grab, Meru
  4. Who has Ola invested in?

    Ola's has invested in companies such as Avail, Vogo, Vogo