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Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Ola

🌎 olacabs.com

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.

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Ola - Latest News and Updates

• Ola Electric's shares fell over 2% after the Central Consumer Protection Authority requested more documents regarding consumer rights violations, despite the company claiming the notice won't affect operations.
• ChooseApp has partnered with Ola to allow users to compare and book rides from various cab aggregators in India.
• Ola's CEO Bhavish Aggarwal announced that starting in 2025, all upcoming electric products will use the in-house developed 4680 Bharat Cell, which charges 50% in 13 minutes.
• Ola Electric Mobility will start using in-house manufactured 4680 Bharat Cells for its Gig and S1 Z scooters from April 2025, becoming the first Indian EV maker to do so.
• Cab drivers at Pune Airport's Aeromall will strike from December 11, protesting against Ola and Uber's alleged illegal operations despite revoked licenses.

• Ola is reportedly charging double fares during the rainy season and peak hours in Bengaluru, violating Karnataka Transport Department's fixed fare rules.
• Starting December 15, Ola will offer an app-based booking service for e-rickshaws and e-autos in Prayagraj to improve local transport for Maha Kumbh 2025.
• Ola has removed user reviews and ratings from its Google Play Store page for the Ola Operator app.
• Ola is powering the Tennis Premier League 2024, offering a premium tennis experience.
• 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.

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