Ola signs MoU with Tamil Nadu govt, to invest ₹76.1 billion to build world’s largest EV hub

With the rapid push for the electrification of vehicles, the onus is…

Ola delays yearly appraisal, begins layoffs across verticals: Report

According to reports, Ride hailing unicorn Ola has deferred impending yearly appraisals,…

Ola to scale down Ola Foods, some cloud kitchen brands to integrate with Ola Dash

In 2015, Ola made its first venture into the food delivery business with Ola Cafe, its 20-minute food delivery service. However, it did not take off and was soon shut down.

Ola founder Bhavish Aggarwal to step back from ride-hailing ops, to focus on electric, quick commerce

Bhavish Aggarwal, the co-founder and CEO of ridesharing giant Ola, has decided…

Ola Electric sells electric scooters worth more than ₹600 crore in one day, 4 scooters sold every second

India has one of the biggest 2 wheeler automobile industry in the…

Ola announces electric scooters Ola S1 and Ola S1 Pro, starting at ₹99,999

August 15, 2021, the 75th Independence Day of India witnessed the commercial…

Ola raises $100Mn in debt for its electric business as EV factory nears completion

A few days ago, home-grown ride hailing startup Ola announced that the…

Ola raises $500Mm from Temasek and Warburg Pincus as it pushes the pedal on electric scooter production

Coming at a time when its business has been hit hard by…

India’s Supreme Court dismisses allegations of Ola and Uber drivers colluding to affect pricing

The Supreme Court of India, on December 15, has dismissed the allegations…

Ola to invest $327 million to set up ‘the world’s largest scooter factory’ in India

On Monday, Ola signed a memorandum of understanding with the federal government…