Ola | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
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
- The Karnataka High Court will hear Ola's plea on March 17 against an order to pay Rs 5 lakh compensation to a woman harassed by a cab driver in 2019.
- The Karnataka High Court granted Ola Electric a six-week extension to respond to the Central Consumer Protection Authority's data request.
- SEBI warned Ola Electric for sharing company information on social media before informing investors, adding to its regulatory challenges.
- The Competition Commission of India rejected Fast Track Call Cab Private Limited's request for urgent interim relief against Ola, despite acknowledging the need for an investigation into alleged anti-competitive practices.
- Ola plans to expand its Ola Dash app nationwide after securing a 10% market share in Bengaluru.
- Ola Electric launched the new Ola Sona and is offering a scratch and win contest at their stores.
- Under CEO Bhavish Aggarwal, Ola has entered India's quick food delivery segment.
- Ola will launch the SavingsWalaScooter nationwide on December 25.
👔 Ola CEO, Management and Leadership Team
-
Chief Marketing and Revenue Officer, Ola Group
[email protected] -
Chief of Staff-CEO Office[email protected]
-
Chief Executive Officer[email protected]
-
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
- Suvonil Chatterjee resigned as Chief Technology and Product Officer of Ola Electric on November 30, 2024, creating a leadership gap amid declining sales and expansion challenges.
- Ola Electric's Chief Technology Officer Suvonil Chatterjee and Chief Marketing Officer Anshul Khandelwal have resigned amid ongoing negative publicity about the company's scooter after-sales performance.
- N Balachandar, Senior Vice President and Group Chief People Officer of Ola, resigned in November 2024 to start his consultancy firm amid high-level exits and layoffs at the company.
- N Balachandar, Ola's Group Chief People Officer, has resigned.
- Ola is currently hiring for the position of Associate Director - Credit Risk in India.
- Suvonil Chatterjee and Anshul Khandelwal resigned from Ola Electric, adding to a series of senior-level exits across the Ola group amid declining market performance.
- Manikandan Gunasekaran has left Ola as Director of Engineering to join Flipkart as Senior Engineering Manager in India.
- Ola is currently seeking a Financial Controller in India.
🤖 Ola Developer, Integration and Automation News
- Bhavish Aggarwal, founder and CEO of Ola, announced that Krutrim will power the LLM services for the Kumbh Sahayak app, an AI chatbot unveiled by Prime Minister Narendra Modi for the Maha Kumbh Mela 2025.
- ChooseApp has partnered with Ola to allow users to compare and book rides from various cab aggregators in India.
- Ola Electric has partnered with EY India to improve after-sales services and plans to expand its service centers from 400 to 1,000 by year-end.
- Ola is experiencing issues with hourly scheduled reports in JasperSoft Report Server, leading to job failures.
- Ola Electric and Olacabs are collaborating to rapidly increase the adoption of their Gig product for two-wheeler commercial vehicles.
📈 Ola Financials, Fundraising and Valuation News
- Ola Electric Mobility is releasing its Q2 2024 financial results on November 8, 2024, alongside other major Indian companies.
- In December 2024, Ola Electric's scooter sales dropped to third place with 13,769 units sold, reducing its market share to 18.78% from 24.54% in November.
- In 2024, Ola maintained over 36% market share in India's electric two-wheeler market, despite increased competition and a decline from its earlier 49% share.
- Bhavish Aggarwal, CEO of Ola Electric, pledged 1.1% of his stake in the company to support the AI startup Krutrim AI, valued at approximately Rs 451 crore.
- As of November 29, Ola sold over 26,000 electric two-wheelers, narrowing the gap with TVS to less than 1,500 units.
- Vanguard has reduced Ola's valuation to US$2 billion.
- Ola Electric is struggling with heavy losses and a drop in EV registrations due to customer complaints, and analysts predict profitability only by FY27.
- Ola, led by Bhavish Aggarwal, has taken the first step towards its IPO by becoming a public limited company.
People also viewed
- Maxim Indonesia |
- Yango |
- Grab |
- refurbed |
- Hugendubel |
- Zeercle |
- Thalia
