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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 Krutrim has started offering services of the Chinese AI platform DeepSeek in India.
• Ola launched its Gen 3 EVs with a range of up to 320km, featuring the new MoveOS 5 and patented 'Brake by Wire' technology, and expanded its presence in India with 4,000 stores by December 2024.
• Ola announced instant loans up to 10 lakhs starting at 0.91% per month available through their app.
• Ola is set to launch the Arrowhead Electric Sports bike in India, featuring MoveOS 5 and advanced functionalities like Smart Charging and Voice Assistant, with an expected ex-showroom price of 1.50 lakh INR.
• Auto-rickshaws and taxis linked to Ola will strike from February 1, demanding a shift from commission-based to subscription-based charges and compensation for drivers' families in case of accidents.

• Ola and Uber will no longer operate auto services on their apps following an announcement by the Federation of Auto Drivers' Associations.
• Thyrocare CEO shared that he prefers using Ola cabs over luxury cars, surprising his peers.

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