Ola | Latest News & Updates - Jan 25, 2025 Release

Ola denied claims of fare disparity based on mobile operating systems in response to a notice from the Central Consumer Protection Authority...


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 💡


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.


Ola - Latest News and Updates

  • Ola denied claims of fare disparity based on mobile operating systems in response to a notice from the Central Consumer Protection Authority.
  • The Consumer Protection Authority has issued notices to Ola and Uber for fare discrepancies between Android and iOS devices.
  • The Central Consumer Protection Authority has issued notices to Ola and Uber for allegedly charging higher fares to iPhone users compared to Android users, sparking public outrage.
  • Ola received a notice from the Department of Consumer Affairs for charging different prices to iPhone and Android users.
  • Ola is providing a digital and green mobility experience for visitors at the Maha Kumbh through a partnership that uses AI and digital-first solutions.
  • Ola has deployed 1,000 electric scooters and launched the Kumbh Sah’AI’yak app to enhance mobility and sustainability at Maha Kumbh 2025.
  • Ola CEO Bhavish Aggarwal showcased a glimpse of the Roadster X electric motorcycle production on his social media, revealing its structure and a full charge range of 579 km.
  • Ola and Uber clarified that they do not charge different fares based on the type of phone used to book rides.
  • Ola will launch its first dual mining event next week with rewards of over 5.74 million OLA tokens and 20 million Bitlayer points.
  • Ola's parent company, ANI Technologies, has 90% of its debt in US dollars but mitigates risks with significant cash reserves and a net cash position, according to Moody's.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.