OverviewSuggest Edit
Ola is an online transportation network company. It operates as an online cab aggregator that provides a mobile application for booking a cab connecting cab drivers and customers. The company also offers on-demand auto rickshaw service, car-sharing, and bicycle sharing services.
| Type | Private | |
| Founded | 2010 | |
| HQ | Bengaluru, IN | Map |
| Website | olacabs.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Jun 2019) | 8,194 | |
| Revenue (FY, 2018) | ₹22.2 B | (+61%) |
Key People/Management at Ola
Bhavish Aggarwal
Co-Founder & CEO
Ankit Bhati
Co-Founder & CTO
Pranay Jivrajka
Founding Partner
Harish Abhichandani
CFO
Anand Subramanian
Senior Director - PR and Marketing Communications
Puneet Bhirani
CEO OLA Fleet Technologies
Ola Office Locations
Ola has an office in Bengaluru
Bengaluru, IN (HQ)
#414, 3rd Floor, Regent Insignia, 4thBlock, 17th Main ,100 Feet Road Koramangala
Bengaluru, IN
Torrey Pines, Embassy Golf Links Business Park, Challaghatta
Bengaluru, IN
Maruthi Infotech Center, A Block - 5th floor, Challaghatta
Ola Financials and Metrics
Summary Metrics
Founding Date | 2010 |
Ola total Funding | $3.8 b |
Ola latest funding size | $300 m |
Time since last funding | 3 months ago |
Ola investors | SoftBank Capital, Bessemer Venture Partners, Steadview Capital, Tiger Global Management, Temasek Holdings, GIC, Tencent Holdings, Accel, Softbank, Falcon Edge Capital, Sachin Bansal, Sailing Capital, Kia Motors, Tekne Capital, RNT Capital, Yes Bank, Hyundai Motor Company, China-Eurasian Economic Cooperation Fund, Eternal Yield International, Tina Price, Steven Price, Raymond S Cahnman, Lyon Assets, J3T Ventures |
Ola's latest funding round in March 2019 was reported to be $300 m. In total, Ola has raised $3.8 b. Ola's latest valuation is reported to be $5.5 b.
Ola Revenue
Ola's revenue was reported to be ₹22.23 b in FY, 2018 which is a 61% increase from the previous period.
| INR | |
|---|---|
Revenue (FY, 2018) | 22.2b |
Revenue growth (FY, 2017 - FY, 2018), % | 61% |
Net income (FY, 2018) | 28.4b |
Market valuation | 5.5b |
| INR | Y, 2018 |
|---|---|
Revenue/Employee | 3.4m |
Ola Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Ridlr | April 03, 2018 | |
| Foodpanda India | December 19, 2017 | |
| Qarth | March 21, 2016 | |
| Geotagg | November 11, 2015 | |
| TaxiForSure.com | March 02, 2015 | $200 m |
Ola Online and Social Media Presence
224.88k Twitter followers
Ola has 224.88k Twitter Followers. The number of followers has increased 0.5% month over month and increased 2.3% quarter over quarter
Twitter Engagement Stats for @Olacabs
16.6k
Tweets
372
Following
224.9k
Followers
13
Tweets last 30 days
11.8
Avg. likes per Tweet
100%
Tweets with engagement
Ola News and Updates
June 06, 2019
Government likely to ask Uber and Ola to switch 40 pc of cabs to electric vehicles
The government plans to order cab aggregators like Uber and Ola to convert 40 percent of their fleet into electrify by April 2026, according to a report by Reuters. With this, the government is hoping to boost the adoption of electric vehicles (EVs) as part of its commitment to the 2015 Paris Climat…
June 06, 2019
India orders Uber and rival Ola to electrify 40% of fleets by 2026
India is doubling down on its push to replace gasoline and diesel vehicles on its streets with environmentally friendly electric cars. The government plans to order ride-hailing firms such as Uber and Ola, that operate hundreds of thousands of cars in the nation, to convert 40% of their fleets to el…
June 06, 2019
Exclusive: India to order taxi aggregators like Uber, Ola to go electric
India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules for clean mobility.
June 01, 2019
Ola, Oyo on UK-India Awards 2019 shortlist
Indian startups like Ola and Oyo, which have been on an expansion mode in the UK, are among some of the key names on the shortlist for the UK-India Awards this year. The awards are being judged by an all-women jury for the first time, and cover a wide range of sectors including business, tech, trad…
May 30, 2019
Dr. David Potts & Dr. Ola Mahmood Are Hosting a Free Day of Dentistry with Smiles From The Heart
LIBERTYVILLE, Ill., May 30, 2019 /PRNewswire/ -- Dr. David Potts and Dr. Ola Mahmood of Lake County Family Dental Care are out to change lives by offering free smiles to anyone who needs dental work, as they host the 10th annual Smiles From The Heart event. Lake County Family Dental Care...
May 29, 2019
Foodpanda is proof that Ola is good at acquisitions but bad at managing them
Not quite a TaxiForSure fold.
Ola Frequently Asked Questions
When was Ola founded?
Ola was founded in 2010.
Who are Ola key executives?
Ola's key executives are Bhavish Aggarwal, Ankit Bhati and Pranay Jivrajka.
How many employees does Ola have?
Ola has 8,194 employees.
What is Ola revenue?
Latest Ola annual revenue is ₹22.2 b.
What is Ola revenue per employee?
Latest Ola revenue per employee is ₹2.7 m.
Who are Ola competitors?
Competitors of Ola include Grab, Uber and Gett.
Where is Ola headquarters?
Ola headquarters is located at #414, 3rd Floor, Regent Insignia, 4thBlock, 17th Main ,100 Feet Road Koramangala, Bengaluru.
Where are Ola offices?
Ola has an office in Bengaluru.
How many offices does Ola have?
Ola has 3 offices.