Ola: News

15 Jul 2024

Gurugram

MS Dhoni invests in EV ride-hailing startup BluSmart

Mahendra Singh Dhoni, ex-skipper of the Indian cricket team, has invested in BluSmart, a Gurugram-based startup offering ride-hailing services exclusively with electric vehicles (EVs).

11 Jul 2024

Bengaluru

Bengaluru woman alleges harassment by Ola driver over fare discrepancy

A woman in Bengaluru, Tanisha Mallya, has alleged that she was verbally abused and harassed by an Ola Auto driver over fare.

11 Jul 2024

Bhavish Aggarwal

Ola founder goes Narayana Murthy way, advocates for 70-hour workweek 

Bhavish Aggarwal, founder of Ola Cabs, Ola Electric, and AI unicorn Krutrim, has reiterated his support for a 70-hour workweek in an interview with ANI.

10 Jul 2024

Ola Cabs

Bhavish Aggarwal leads 'kurta' movement, says, 'embrace tradition, young techies'!

Ola's Chief Executive Officer (CEO), Bhavish Aggarwal, recently advocated for traditional Indian attire among young tech leaders.

06 Jul 2024

Bhavish Aggarwal

Ola develops its own maps, will save ₹100 crore annually

Ola, a prominent Indian ride-hailing company, has fully transitioned from Google Maps to its proprietary mapping service, Ola Maps.

28 Jun 2024

Business

Ola to enter grocery delivery business via ONDC platform

Indian ride-hailing behemoth, Ola, is gearing up to launch grocery delivery services through the Open Network for Digital Commerce (ONDC), a government-supported initiative.

28 May 2024

Uber

BluSmart aims to raise $300 million to boost EV fleet

India's leading electric cab operator, BluSmart, has announced plans to raise over $300 million within the next three years.

22 May 2024

Bhavish Aggarwal

Ola shifts entire workload to in-house AI firm Krutrim Cloud

Indian multinational conglomerate, Ola, has successfully migrated its entire workload to its in-house artificial intelligence (AI) company, Krutrim.

11 May 2024

Bhavish Aggarwal

Ola to transition workload from Microsoft's Azure to Krutrim Cloud

Ola has announced plans to shift its entire workload from Microsoft's Azure cloud platform to its own Krutrim Cloud, within the next week.

15 Apr 2024

Ola Electric

Ola S1 X becomes cheaper, now starts at ₹70,000

Ola Electric has reduced the price of its S1 X model, with the electric scooter now starting from ₹69,999.

09 Apr 2024

Australia

Ola Cabs ceases operations in UK, Australia, and New Zealand

In a strategic move to refocus on its domestic market, India's leading ride-hailing company, Ola Cabs, has announced the discontinuation of its services in the UK, Australia, and New Zealand.

19 Mar 2024

Honda

Top-selling scooters this February: Honda, TVS, Hero MotoCorp, and more

The Indian scooter market has soared, witnessing a robust 36.32% year-on-year growth in February, with sales hitting a high of 4.78 lakh units.

05 Feb 2024

Startups

Ola's valuation plunges 74% to $1.9 billion

Vanguard, a US-based asset management company, has once again lowered the value of ANI Technologies, Ola's parent company, according to regulatory filings.

This new multilingual AI chatbot aims to outgun ChatGPT, others

Dubai-headquartered QX Lab AI has introduced Ask QX, a unique hybrid artificial intelligence (AI) platform that blends large language model (LLM) and neural network technology.

27 Jan 2024

Ola Cabs

Ola Mobility expands e-bike taxi service to Delhi, Hyderabad

Following a successful pilot program in Bengaluru, Ola Mobility has launched its e-bike taxi service in Delhi and Hyderabad.

Ola's AI start-up Krutrim turns unicorn with latest funding round

Krutrim, an artificial inteligence start-up launched by Ola's founder Bhavish Aggarwal, has raised $50 million at a $1 billion valuation, making it India's first unicorn of 2024.

10 Jan 2024

Ola Cabs

Ola parent's FY23 revenue grows 42% YoY to Rs. 2,800cr

ANI Technologies, the parent company of Ola Fleet, Ola Financial Services, Ola Electric, and Ola Stores, has seen a 42% year-on-year increase in its consolidated revenue, reaching Rs. 2,799 crore for FY23.

09 Jan 2024

India

BluSmart introduces rush pricing for cabs, breaking its zero-surge promise

BluSmart, an electric vehicle ride-hailing service, has implemented a new pricing structure that includes surge pricing, despite earlier promises of zero cancellations and no surge pricing.

Exploring India's emerging LLM landscape: Krutrim, OpenHathi, BharatGPT and more

In his visit to India in June, OpenAI CEO Sam Altman sparked discussions by appearing to downplay the possibility of a groundbreaking Large Language Model (LLM) originating from the country.

Meet Bhavish Aggarwal's Krutrim, India's answer to ChatGPT

Bhavish Aggarwal, co-founder of Ola, ventured into the world of artificial intelligence (AI) with Krutrim Si Designs.

05 Dec 2023

Uber

'Lowest price guaranteed': Rapido launches cab services in three metros

Swiggy-backed ride-hailing platform Rapido has officially launched its cab services in Delhi, Bangalore, and Hyderabad, with plans to expand across India by mid-2024.

30 Oct 2023

Swiggy

Ola scores a duck in rankings for gig worker fairness

For the third year in a row, Ola has received a dismal score of zero out of 10 in Fairwork's evaluation of e-commerce platforms regarding fair treatment of gig workers.

27 Oct 2023

Startups

Rapido plans to enter cab business in India

Bike taxi start-up Rapido is venturing into the cab market, where it will compete with giants like Uber and Ola.

06 Oct 2023

Bengaluru

Ola launches all-electric parcel delivery service to take on Dunzo

Ride-hailing company Ola has launched an all-electric parcel delivery service called "Ola Parcel" in Bengaluru.

01 Aug 2023

Business

Vanguard slashes Ola's valuation by 52% to $3.5bn

Vanguard has slashed the value of its stake in Indian ride-hailing start-up Ola by 51.6% since its initial investment.

13 Jan 2023

Ola Cabs

Ola fires 200 employees as part of a restructuring exercise

Bengaluru-based ride-sharing company Ola is the latest to be hit by the layoff bug. Per Inc42, the company has laid off around 200 employees from some of its verticals.

28 Dec 2022

Uber

Urban Company best for gig workers; Ola, Uber score zero

With the emergence of the digital platform economy in India, gig workers have grown in demand. However, it seems that these workers are yet to enjoy fair pay and good work conditions.

16 Jun 2022

Paytm

Which IITs, IIMs have churned out most Indian unicorn founders?

India recently achieved the milestone of 100 unicorns.

17 Mar 2022

Ola S1

Ola S1 Pro purchase window reopens: Here's how to book

After a long gap, Ola Electric has reopened the purchase window for its S1 Pro electric scooter.

13 Sep 2021

Bhavish Aggarwal

Ola Electric's Futurefactory to be run by 10,000+ women

Indian electric vehicle (EV) manufacturer Ola Electric's Chairman and Group CEO, Bhavish Aggarwal, has announced that the company's EV manufacturing facility in Tamil Nadu will be run entirely by women.

Ola S1 electric scooter's sale rescheduled to September 15

Ola Electric had launched its S1 electric scooter in India last month and it was scheduled to go on sale yesterday.

08 Sep 2021

Ola S1

Ola S1 e-scooter will go on sale in India today

Ola Electric's S1 e-scooter will go on sale in India today starting 6pm for those who have already pre-booked the vehicle. The more powerful S1 Pro variant will also be up for grabs.

11 Jul 2021

Upcoming Scooters

Prior to launch, Ola Electric Scooter's key features teased

Ola Electric is likely to launch its first electric scooter in India in the coming weeks.

25 Jun 2021

Upcoming Scooters

Ola is finalizing colors for its electric scooter; launch imminent

Co-founder and CEO of Ola, Bhavish Aggarwal is seeking opinions regarding the color options for the Ola Electric Scooter. This suggests that the vehicle might be launched in India in the coming months.

11 May 2021

Netflix

NewsBytes Briefing: Clubhouse finally launches Android app, and more

Clubhouse just found out the hard way that it is no De Beers, and that boosting app popularity with artificial scarcity doesn't work forever.

16 Dec 2020

Uber

SC says Ola and Uber not acting as a cartel

On Tuesday, the Supreme Court refused to meddle with orders passed by the Competition Commission of India (CCI) and the National Company Law Tribunal (NCLAT), in connection to cab aggregators Ola and Uber.

03 Nov 2020

Paytm

US funds lower valuation of Paytm, Ola due to COVID-19

United States-based mutual funds have reportedly lowered the valuation of the mobile payments app Paytm and the cab-hailing platform Ola as the coronavirus pandemic disrupted their businesses.

27 May 2020

General Motors

Ola Electric acquires Etergo to launch e-scooters in India

Ola Electric Mobility, the EV unit spun out of ride-hailing giant Ola, has acquired Dutch electric scooter manufacturer Etergo.

26 May 2020

Uber

Uber India fires 25% of its workforce: Details here

In another blow to the salaried section, Uber India has laid off 600 employees or nearly a quarter of its workforce in the country.

20 May 2020

India

Ola lays off 1,400 employees due to COVID-19 pandemic

Following the footsteps of Uber, Zomato, and Swiggy, ride-hailing giant Ola has also announced the plan to conduct a mass lay-off, affecting around 1,400 of its employees.

14 Apr 2020

India

'Ola Emergency' launched for hospital runs amid COVID-19 outbreak

As India goes into the second phase of the lockdown enforced to combat the spread of COVID-19, Ola is lending a helping hand to the public.

23 Mar 2020

Uber

Amid lockdown, Ola, Uber suspend services till March 31

In the wake of the lockdown imposed by the Delhi government, ride-hailing giants Ola and Uber have suspended their services in the state.

18 Mar 2020

India

Despite COVID-19, Ola, Uber car-pooling remains available in India

As coronavirus continues to wreak havoc around the world and begins to show its impact on India, people are being advised to maintain social distance to avoid potential cases of community spread.

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