Journalism of Courage
Ola Cabs
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Ola Consumer: A Pivot to the Domestic Market Ola Consumer, formerly known as Ola Cabs, has significantly reshaped its business strategy. Initially launched as a ride-hailing service, the Bangalore-headquartered company expanded its operations into financial services and cloud kitchens, establishing ...
- Company type Private
- Industry Transportation, Food Industry
- Founded 3 December 2010
- Headquarters 414, 3rd Floor 4th Block, 17th Main, 100 Feet Road Koramangala Bangalore, Karnataka, India 560034
- Area served India
- Key people Bhavish Aggarwal,
- Services Vehicle for hire, Financial services, Food delivery
- Revenue ₹2,799 crore (US$320 million) (FY23)
- Net income ₹-772 crore (US$-88 million) (FY23)
- Number of employees ~3,000 (2020)
- Parent ANI Technologies
- Website www.olacabs.com
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Ola Cabs history
Last Updated : 08/03/25, 02:45 PM
Ola's Journey from Trip Planner to Consumer Platform Ola's history began in 2010 with Olatripcom, a Delhi-based trip planning service. The company quickly pivoted to the burgeoning on-demand cab market, launching Ola Cabs in 2011. Initially reliant on phone bookings, Ola adopted a mobile app in 2012...
OLA CABS NEWS
Digital creator Anisha Dixit shares shocking Ola driver scam; netizens say they were scammed by him too
March 15, 2024 3:58 pm
The video has garnered widespread attention, prompting others like Radhika Bangia, Agasthya Shah, and Candice Pinto to share their own encounters.
Ola Cabs announces research collaboration with IIT-B on AI
February 04, 2024 8:10 am
The founder of the cab aggregator announced the Ola Graduate fellowship program wherein 5-7 selected students from the Powai institute will get a chance of paid opportunity to conduct reserach in AI; apart from expressing the interest of collaborating with faculty researchers from the field.
Chandigarh notifies rules for app-based cabs; maximum fare, commission capped
November 18, 2022 9:08 am
The administration, while approving the guidelines on Thursday, said that the city taxi fare indexed by Whole Sale Price (WPI) for the current year shall be the base fare chargeable for customers.
Ola to buy firm promoted by CEO’s brother
March 26, 2022 4:28 am
Ola already owns 9 per cent stake in Avail Finance and Bhavish Aggarwal serves on the company’s board as a director, while his brother Ankush Aggarwal owns over a 25 per cent stake in it.
Chennai Police bust three-member gang involved in stealing Ola cabs
May 14, 2021 4:10 pm
Explaining the gang's modus operandi, the police said the accused would book a rental cab through an app, ask the driver to stop midway and urge him to buy some items from a store before escaping with the car.
Mumbai: 7000 Ola users charged extra for fraud to get refund
February 03, 2021 9:05 pm
The crime branch on November 1 arrested three Ola drivers who had allegedly manipulated the app.
Cab aggregator told to pay Rs 17k to 2 women for causing them harassment
September 02, 2020 10:10 am
The commission directed Ola cabs to pay Rs 10,000 as compensation and Rs 7,000 as cost of litigation to the complainants following the non-appearance of the opposite parties during the hearing.
To make city safer for women, Bengaluru police want CCTV cameras in cabs
December 07, 2019 5:36 pm
After the Hyderabad rape and murder, the Bangalore Metro Rail Corporation Limited has allowed women to carry pepper spray for self-defence.
Wrong turn — how an Ola cab ride in Chandigarh became an ordeal for a journalist
November 30, 2019 12:10 pm
In isolation, and to those who have not experienced the fear a woman faces every time she travels alone and has to face the predatory remarks of cab drivers, this incident might not seem to carry much weight.
How would Ola, Uber cause truck sales to plummet: Yashwant Sinha
September 14, 2019 9:40 pm
"People in the government are making weird statements. These statements will not lead to betterment of economy. But they will definitely affect the government's image," said Yashwant Sinha.
