Ola | Competitive Intelligence Profile
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India,...
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for consumers and driver-partners. Ola also has additional services like Ola Electric, Ola Fleet Technologies, Ola Skilling, Ola Financial Services, and a food business.
Website
Headquarters
Bengaluru, Karnataka
Size
5001-10,000 employees
Industry
Software Development
🛍️ Ola Product and Pricing News →
👔 Ola CEO, Management and Leadership Team →
⚔️ Ola Alternatives and Competitors →
💼 Ola Hiring and Layoffs →
🤖 Ola Developer, Integration and Automation News →
📈 Ola Financials, Fundraising and Valuation News →
🛍️ Ola Product and Pricing News
- On May 10, 2025, Ola launched the S1 X electric scooter series with a 190km range, offering an 8-year battery warranty and plans to expand its service centers and charging stations across India.
- Ola introduced a feature allowing users to tip drivers for faster pickups, with 100% of the tip going to the driver.
- Ola is adjusting its business model to include subscriptions in response to the success of Namma Yatri, a new ride-hailing app that benefits drivers directly.
- Ola introduced a tipping feature to get faster bookings, with 100% of tips going to drivers.
- Ola is evolving from a mobility services company into a data and AI company by building its own large language models (LLMs) and leveraging its extensive ride-hailing network to optimize electric vehicle infrastructure and train AI models.
- Ola's shares have dropped about 35% since their August debut due to regulatory and compliance issues.
- Under Maharashtra's Aggregator Cabs Policy 2025, Ola must compensate customers if drivers cancel rides.
- SEBI is investigating Ola Electric for alleged insider trading between October and December 2024, as well as related-party transactions and a sales mismatch in February.
👔 Ola CEO, Management and Leadership Team
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Chief Marketing and Revenue Officer, Ola Group
[email protected] -
Chief of Staff-CEO Office[email protected]
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Chief Executive Officer[email protected]
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Chief Information Security Officer[email protected]
⚔️ Ola Alternatives and Competitors
- Cabify |
- Gett |
- Bolt |
- inDrive |
- Zoomcar |
- Revv |
- Careem |
- Meru Cab Company |
- Grab |
- Uber |
- Savaari |
- WTI |
- TaxiForSure |
- Gozocabs |
- GOAMILES |
- DiDi |
- Rapido |
- 99 Taxis |
- Easy Taxi |
- EasyCabs |
- Namma Yatri |
- Lyft |
- Curb Mobility |
- Dhyan Networks
💼 Ola Hiring and Layoffs
- Srikanth Vidapanakal, former director of AI at Ola Electric, announced he is founding a new robotics startup called xSpecies AI, focusing on developing AI software and hardware for general-purpose robots.
- An Ola Cabs software developer in Bengaluru has 12 years of experience.
- CA Sakshi Malang has left Ola as Assistant Manager - Indirect Taxation in India to join Meesho as Assistant Manager.
- Bhavish Aggarwal, founder of Ola, has mandated all employees to submit weekly accomplishment reports, mirroring a recent directive by Elon Musk.
- CA Sudhakar Reddy has joined Ola as an Assistant Manager in India, previously working as an Independent Consultant at Self Employed.
- Ola is hiring software developers at all experience levels to build a next-generation public cloud platform, as announced by Udit Mital, Generative AI at Ola Krutrim.
- Ola is hiring Software Developers for its Maps team, specifically seeking an SDE - II Android Developer.
🤖 Ola Developer, Integration and Automation News
- Ola partners with Lenovo to build India's largest supercomputer, Krutrim 3, with 700 billion parameters, following Bhavish Aggarwal's Rs 2,000 crore investment in AI.
- In February, Ola Electric sold 25,000 scooters but only 8,390 were registered on the VAHAN website due to vendor contract renegotiations.
📈 Ola Financials, Fundraising and Valuation News
- Bhavish Aggarwal, CEO of Ola Electric, became one of India's youngest billionaires after the company's IPO, but the scooter company's share price has been affected by high-profile crashes and competition.
- Ola's electric vehicle arm has lost nearly 70% of its value since its 2024 IPO, facing declining sales, regulatory scrutiny, and supplier issues.
- Ola Consumer achieved Ebitda profitability in FY24 with Rs 271 crore, despite a 21% revenue decline.
- Vanguard has slashed Ola's valuation to $1.25 billion, marking an 80% drop from its 2021 peak, despite the company turning EBITDA-profitable and exploring IPO prospects.
- ICRA downgraded Ola Electric Technologies' credit rating due to a sharp drop in sales and widening losses, with vehicle registrations nearly halving in April 2025.
- Ola Electric reported to the Ministry of Road Transport and Highways that its February sales included 10,866 third-generation e-scooters and 1,395 Roadster X motorcycles as confirmed orders.
- Ola Electric, backed by SoftBank, is saving about $10.3 million monthly from a cost-cutting program started in November, despite reporting a wider quarterly loss.
- Ola Electric is cutting regional warehouses and optimizing costs to save approximately INR 30 crore monthly in a push for profitability.
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