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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

• 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.
• 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.
• N Balachandar, Ola's Group Chief People Officer, has resigned.
• Ola is involved in a bike taxi regulation issue with the Transport Department in Tamil Nadu as of December 13, 2024.
• The State Transport Appellate Tribunal will decide on December 19 whether Ola and Uber can continue operating in Pune, following a stay order and protests by cab drivers demanding permit revocation.

• The Hemant Soren-led Jharkhand government plans to impose a 1-2% tax on Ola and other gig economy platforms for their operations in the state, with funds partially allocated for gig workers' welfare.
• Manikandan Gunasekaran has left Ola as Director of Engineering to join Flipkart as Senior Engineering Manager in India.
• Satyam Sharma has joined Ola as a Store Manager in India, previously working as a Human Resources Intern at Cook N Klean.
• The Telangana Gig and Platform Workers’ Union (TGPWU) has called for a boycott of Ola trips to Rajiv Gandhi International Airport due to low fares affecting drivers' livelihoods.
• An Ola cab driver, Shariq Ansari, and his family narrowly escaped injury when a BEST bus crashed into their parked car in Kurla, Mumbai, leaving the vehicle mangled.

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