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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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Updates as of Sep 19, 2024

• Ola introduced the Bharat Cell on September 19.
• Ola has recently launched OLA Foods in Bangalore, but customers are reporting poor service and delayed deliveries.
• Ola aims to build a 100GWh lithium cell and 1GW data center capacity by the end of the decade.
• The Centre has asked Ola to register gig workers on the e-Shram portal within the next three months to help them access social security benefits.
• Ola reduced its per vehicle loss to ₹48,068 in FY24, selling over 3 lakh vehicles.

• Ola Electric's revenue jumped by over 90% in 2023-24, significantly outpacing Ather's income.

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