Ola: News

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.

Soon, Ola might lay off nearly 350 employees: Here's why

After barging into categories like financial services and car rentals, ride-hailing giant Ola is looking to focus more on growth and profitability.

17 Oct 2019

Business

Ola launches self-drive car sharing service: Details here

In a major move, Bengaluru-based ride-hailing giant Ola has launched its own self-drive car-sharing service, Ola Drive.

05 Aug 2019

India

Soon, government will define operational rules for Ola, Uber

The Indian government is planning to set some ground rules for cab aggregators like Ola and Uber.

05 Jul 2019

India

Mumbai rains: Cab rides become as costly as Goa flights

The troubles of Mumbaikars do not seem to end anytime soon, with the incessant rains making life difficult (and utterly costly), of late.

03 Jul 2019

India

Five of the most famous and successful alumni of IIT-Bombay

The Indian Institutes of Technology (IITs) are the country's premier engineering institutes and a dream destination for engineering aspirants.

07 Jun 2019

India

Soon, Uber will offer quick helicopter rides: Details here

Back in 2015, ride-hailing giant Ola played a witty April Fools' Day prank by announcing OLA Air - helicopter rides for metro cities.

16 May 2019

Paytm

Ola v/s Paytm: Whose credit card should you apply for

Just a day after Paytm's foray into the lending category, ride-hailing giant Ola has also made a move in the arena.

02 May 2019

Flipkart

Soon, you may get credit cards from Ola and Flipkart

Reportedly, leading internet giants Flipkart and Ola are gearing up to launch their own credit cards soon.

24 Mar 2019

India

Ban on Ola Cabs lifted in Karnataka within 2 days

Only two days after suspending the license of Ola Cabs and banning it from operating for six months, the Karnataka government has reportedly lifted the ban.

22 Mar 2019

Karnataka

#OlaCabs banned for six months in Karnataka: Here's why

App-based cab service provider Ola Cabs has been banned from operating in Karnataka for six months by the state government.

19 Feb 2019

Flipkart

Flipkart co-founder Sachin Bansal invests Rs. 650cr in Ola

Indian ride-hailing start-up Ola is currently in the midst of an ongoing financing round and, in a major boost, has received Rs. 650cr (around $92mn) from Flipkart co-founder Sachin Bansal.

22 Jan 2019

Bharti Airtel

Now, book Ola rides from Airtel app, get 25% cashback

In a bid to offer a holistic experience to its customers, Bharti Airtel has started offering ride-hailing services through its My Airtel app.

14 Jan 2019

Sachin Bansal

Ola reportedly receives funding from Sachin Bansal, nears $6bn valuation

Flipkart co-founder Sachin Bansal has reportedly invested $21 million (approx Rs. 150 crore) in Ola, India's famous ride-hailing company.

18 Dec 2018

India

Scooter-sharing platform Vogo raises $100mn from Ola

Bengaluru-based dockless scooter renting platform Vogo has raised a whopping $100mn from Indian ride-hailing giants Ola.

12 Dec 2018

Bengaluru

Bengaluru: Woman tells how Ola failed her after driver misbehaved

Taxi aggregators need to get serious about women's safety, a woman's journey in Ola has shown once again.

19 Nov 2018

Mumbai

Ola, Uber drivers on strike in Mumbai: Details here

With many Ola and Uber drivers on strike, thousands of Mumbaikars, on Monday, woke up to commuting troubles.

30 Oct 2018

India

IIT KGP hosts Indo-German workshop on intelligent mobility in India

In an effort to give direction to the emerging intelligent transport mobility scene in India, IIT Kharagpur and the Technical University of Munich (TUM), Germany have organized a two-day workshop at IIT KGP.

11 Oct 2018

Sachin Bansal

Reportedly, Flipkart co-founder Sachin Bansal to invest $100mn in Ola

In what could mark the largest personal investment in the Indian internet space, Flipkart co-founder Sachin Bansal is reportedly in the process of finalizing a whopping $100mn (around Rs. 740cr) investment in ride-hailing start-up Ola Cabs.

27 Aug 2018

India

Bengaluru: Woman alleges Ola-driver masturbated during journey

In yet another traumatic incident, a 22-year-old woman alleged the driver of an Ola cab sexually harassed her on August 23, during her journey from Yelahanka to JP Nagar in Bengaluru.

19 Aug 2018

Muslims

Missing Ola-driver found dead, UP-police cremate body infuriating family

The kin of a deceased Muslim Ola driver, who had gone missing on August 9, is furious as the Uttar Pradesh police cremated his body, instead of burying him.

07 Aug 2018

India

Ola expands to the UK to fight Uber internationally

Not to be outdone or intimidated by international ride-hailing giant Uber, Ola has decided to take the fight beyond India, its home-ground, to Europe.

27 Jul 2018

Murder

Delhi: Body of missing Ola driver found with head injuries

The body of a 34-year-old Ola cab driver, who was reported missing since July 24, was found in Haiderpur canal in Delhi.

10 Jul 2018

Mumbai

Mumbai: In 'kaali-peeli' style, more Ola-Uber drivers keep refusing rides

The trend of Ola and Uber drivers refusing rides is slowly going northward. After they failed Chennai last year during monsoons, it's now Mumbai's turn.

06 Jul 2018

Karnataka

Bengaluru: Ola driver held for attempting to abduct woman passenger

An Ola cab driver was arrested for allegedly attempting to abduct a woman passenger who was on her way to Kempegowda International Airport in Bengaluru, police said.

19 Jun 2018

India

Tata Nano is not dying, Ola comes to the rescue

Tata and Ola have joined hands to boost electric vehicles (EV) in India. For that, they have picked the all-new Jayem Neo.

14 Jun 2018

Uber

Women may be able to choose co-passengers in Ola, Uber

The Center is likely to direct taxi aggregators, mainly Ola and Uber, to introduce 'exclusive women pooling' option for its female passengers, in the wake of multiple incidents of assault.

12 Jun 2018

India

Uber launches Uber Lite, a 5MB app for India

Uber already sees around 75 million riders per month, and around 15 million rides a day.

08 Jun 2018

India

Ola: Began its journey in 1BHK, now worth Rs. 32,500cr

India's largest cab-hailing start-up Ola started its journey eight years back in 2010 from a 1BHK Mumbai apartment as its first office.

07 Jun 2018

Mumbai

To combat crimes, Uber tells users how to be proactive

In wake of rising crime incidents, Uber has asked its customers to stay alert and follow some precautionary measures.

07 Jun 2018

India

7 start-ups that are currently hiring in Bengaluru

The tech capital of India, Bengaluru, is home to some of India's best companies to work for.

05 Jun 2018

Sexual Harassment

Bengaluru: Ola-driver molests, threatens gangrape if woman didn't strip

In a traumatic incident, a Bengaluru-based architect was molested, forced to strip and have her nude pictures clicked by her Ola driver, who threatened to get her gangraped if she didn't comply.

02 Jun 2018

Delhi Police

5 points to know when you book an Ola/Uber cab

There is no doubt about the fact that Ola and Uber have made our lives a lot easy. One no longer needs to hunt down cabs and bargain on taxi prices.

13 May 2018

Mumbai

Forget Ola-Uber, Mumbai's S3 Cabs brings women drivers for safety!

The newest cab-aggregator in Mumbai, S3 Cabs, seems to have brought a range of progressive changes with it.

05 May 2018

Mumbai

New player in Mumbai takes away 700 Ola, Uber drivers

A major setback awaits Ola and Uber in Mumbai.

27 Apr 2018

Delhi Police

Delhi: Woman alleges rape by Ola driver's cousin

Delhi Police are searching for a man and his cousin, after a woman has alleged that she was raped by the latter yesterday while the former enabled it.

17 Apr 2018

India

Ola to launch 10,000 e-rickshaws in India within 12 months

Ride hailing service Ola has announced it would add 10,000 e-rickshaws to its platform over the next 12 months.

Angry Ola cabbie drives 500 meters with passenger on bonnet

An angry Ola cab driver drove for about 500 meters with a passenger stuck in the bonnet of his car on April 2, from Indira Gandhi Airport's domestic terminal.

Ola acquires Ridlr to digitize public transportation

Indian cab-hailing company Ola has acquired Mumbai-based end-to-end public transport ticketing and commuting start-up Ridlr for enabling digitization of public transport and mass transit integration.

23 Mar 2018

Mumbai

Delhi Ola, Uber drivers strike today. Encouraged by Mumbai 'success'?

Probably getting encouraged by the 'success' of the Mumbai strike, Ola and Uber drivers of Delhi have decided to launch a 'large-scale' 24-hour strike on Friday.

22 Mar 2018

Mumbai

Mumbaikars, rejoice! Ola, Uber cabs to ply from tomorrow

After three harrowing no-cab days, Mumbaikars have something to cheer for.

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