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
5 held for stealing Ola cab, dumping driver
August 02, 2017 1:33 am
“En route to the destination, the occupants got down from the cab saying they have to relieve themselves. They overpowered the driver, Dharmender. They tied him up and left him in Kushak Jungle, and fled with the cab,” the DCP added.
Cab drivers' union to launch its own cab service in Bengaluru next month
July 12, 2017 3:28 pm
Some members of cab aggregators Ola and Uber, who have formed a drivers' union, plan to launch its services next month with the help of Kolkata-based technology startup which owns TYGR app. The company plans to have three to four car categories.
A first for government, power PSU moves from local taxis to Ola
June 27, 2017 6:18 am
The move to switch to Ola cabs, aimed at reducing financial costs and enhancing operational efficiency, is expected to be replicated by other power sector PSUs, such as National Thermal Power Corporation (NTPC) Limited and Rural Electrification Corporation (REC) Limited.
Mangaluru cab driver's kind gesture for this woman's parents will leave you speechless
May 25, 2017 3:46 pm
'Mom asked him to at least take a part of the bill (petrol expenses) but he just refused and left,' Kavya Rao wrote on Facebook.
Belgian woman molestation: Congress, BJP attack Kejriwal govt
May 08, 2016 4:52 pm
Former chief minister, Sheila Dikshit said Kejriwal had repeatedly raised similar issues during her tenure to criticise her.
Delhi: Ola fires driver after Belgian woman alleges molestation
May 08, 2016 8:39 am
DCP (southeast district) M S Randhawa said police received a call from the woman’s friend who told them about the incident.
Ola raises $500 million in new round of funding
November 19, 2015 1:55 am
Ola said in a statement that it will utilize the funds in accelerating its growth in the Indian market
Won’t run diesel cabs in city: Ola
September 04, 2015 2:31 am
The company said the new software would be “fully effective and operational” within two weeks, as it now required “manual observation” to ensure there were no glitches.
Delhi HC allows Ola to ply only CNG cabs in Delhi, here's what changes on the app
September 03, 2015 3:24 pm
App users who are travelling in the NCR region now have to choose which category applies to their commute - Within Delhi or Delhi to NCR.
For last mile connectivity, govt rolls out own taxis
August 18, 2015 1:55 am
The taxis operating under the scheme will be equipped with Global Positioning Systems (GPS), as also a panic button and a hooter.
