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Ola doubles revenue in FY22, but losses widen too

TMT

10 August, 2023

Ola doubles revenue in FY22, but losses widen too

Cab aggregator Ola, one of the worst-hit startups in India during Covid-19 pandemic, doubled its revenue in the financial year-ended ......

Olacabs shuts down its in-car infotainment service, Ola Play

TMT

11 November, 2022

Olacabs shuts down its in-car infotainment service, Ola Play

Bengaluru-based ride-hailing and mobility service Olacabs’ holding firm ANI Technologies, said in a public notice today that it is shutting ......

Ola raises $500M from Baillie Gifford, Didi Kuaidi and others

TMT

18 November, 2015

Ola raises $500M from Baillie Gifford, Didi Kuaidi and others

Cab-hailing app Ola said on Wednesday it has completed its Series F funding round by raising $500 million from Scottish ......

Delhi government asks IT ministry to block Uber, Ola mobile apps

TMT

25 March, 2015

Delhi government asks IT ministry to block Uber, Ola mobile apps

The Delhi government has asked the Ministry of Information Technology to block the taxi-hailing apps of US-based Uber and its ......

Olacabs in talks to raise up to $500M at $2B valuation

TMT

20 January, 2015

Olacabs in talks to raise up to $500M at $2B valuation

Barely three months after Mumbai-based ANI Technologies Pvt Ltd, the company behind Olacabs, an online marketplace for cabs and car ......

Rewind 2014: Top 10 investments in e-com & consumer internet

TMT

07 January, 2015

Rewind 2014: Top 10 investments in e-com & consumer internet

Year 2014 was literally a billion dollar year for the e-commerce, internet and mobile sectors sector in India. Capital poured ......

Delhi govt bans all app based taxi services like Ola and TaxiForSure till they get licences

General

09 December, 2014

Delhi govt bans all app based taxi services like Ola and TaxiForSure till they get licences

Following the alleged rape incident in Delhi involving a driver belonging to Uber cab service, the Delhi government late on ......

Ola now has $250-300M annual gross transaction run rate; peek at its numbers

TMT

19 November, 2014

Ola now has $250-300M annual gross transaction run rate; peek at its numbers

Online cab booking service Olacabs.com seems to be the leader among the new crop of online taxi booking ventures. Surely, packed ......

Flipkart, Olacabs, Justdial others invited to join WEF's global growth cos forum

Others

05 November, 2014

Flipkart, Olacabs, Justdial others invited to join WEF's global growth cos forum

Seventeen "fastest growing" Indian companies, including Avesthagen and Flipkart, have been invited to join the World Economic Forum Global Growth ......

Olacabs raising $210M in Series D investment from SoftBank, Tiger Global, others

TMT

28 October, 2014

Olacabs raising $210M in Series D investment from SoftBank, Tiger Global, others

Mumbai-based ANI Technologies Pvt Ltd, the company behind Olacabs, an online marketplace for cabs and car rental services, has entered ......