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…

Ola founder shares update on electric scooter production

Homegrown ride-hailing platform Ola is all set to jump on the bandwagon…

Ola completes first dose vaccination for 50% of employees and their dependents

At a time when companies are juggling between keeping their employees and…

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…

India limits surge pricing of App-based cab aggregators like Ola and Uber in new guidelines

App-based cab aggregators like Ola and Uber have been restricted by Indian…

OLA stripped off its London operating license over passenger safety risks

London is not turning out the best of the places when it…

OLA faces trouble in Netherlands as drivers file suit over data access rights

OLA has got into trouble in the Netherlands as a case backed…

Ola to add more in house brands to its food delivery platform ‘Ola Foods’

Following the Uber route, Ola has been foraying into the food delivery…

Ola will now let customers tip drivers through its app across all markets

Ola, on Tuesday, rolled out an ‘in-app tipping feature’ which as the…

After CCI, NCLAT too dismisses plea asking for probe against Ola and Uber

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea seeking…

Ola, Uber suspend ride-sharing in India as social distancing takes priority

In a bid to promote social distancing and contain the spread of…

India’s state government of Maharashtra caps Ola, Uber surge price at three times of taxi fare

In a new ruling that may turn out to be a mixed…

Ola launches in London

Along the lines of its previous announcement, Ola has today succcessfully gone…

Uber claims it is the top ride hailing company in India with over 50% market share

Uber had a okayish fourth quarter of 2019, as is evident from…

Ola to commence London operations from February 10th

After proving its mantle in the Indian market, Ola has set its…

Ola is ditching incentive-driven model for standardised commissions to retain drivers

In a bid to overcome the supply crunch for drivers and to…

Ola gets $300 Million from Hyundai and Kia Motors

Ending months of speculation, Hyundai and its subsidiary Kia Motors have together…

Flipkart co-founder Sachin Bansal invests $21 million in Ola, commits total investment of $100 million

Sachin Bansal, the co-founder of India’s leading e-commerce marketplace Flipkart, has invested…