Advertisement

Latest Articles in ola

Ola Electric Signs Agreement To Raise $140mn At $5.4bn Valuation

Temasek, a Singapore state investor, is investing approximately USD 90 million in the company. Other investors, mostly family offices, will contribute the rest of the funds

Read More

Ola Loss Quadrupled To Rs784cr In FY22

On the expenses front, total expenditure stood at Rs 1,240.4 crore in FY22 as against Rs 305.4 crore in the previous fiscal

Read More

Bike Taxis Cannot Function In Delhi Till Policy Is In Place, Says SC

Earlier this year, the authorities issued a warning to Ola and Rapido, alleging that using two-wheelers for business reasons violated the Motor Vehicles Act of 1988

Read More

Ola Electric In Talks With Infosys Co-founder For Investment

In January 2022, the Bhavish Aggarwal-led EV manufacturer raised USD 200 million from a variety of investors including Tekne Private Ventures, others

Read More

Ola Launches Its Premium Service In Bengaluru

Ola also announced its debut into the premium EV segment earlier this year, with a fleet of 10,000 cars

Read More

Ola Electric To Go For An IPO In 2024: Report

In addition, the company intends to launch a new electric motorcycle. Ola Electric had previously only operated in the electric scooter industry

Read More

Bengaluru Man Wins Case Against Ola Over Defunct AC in Cab, Receives Rs 15k As Compensation

The judges looked over customer's complaint and observed that, despite the vehicle's broken AC, Ola had received the full amount of Rs 1,837, as the company admitted in the email

Read More

Ola Fires 200 Employees Across Verticals In 'Restructuring Exercise': Report

Fresh downsizing round had started early this week across the verticals of Ola Cabs, Ola Electric and Ola Financial Services

Read More

Ola Acquires 1500 Acres Land To Set Up EV Factory

Ola is expected to infuse around Rs 1 lakh crore in the 'electric vehicles' park that is setting up in the Krishnagiri district in Tamil Nadu by the end of the decade

Read More

Ola Shuts Down Used Cars And Quick Commerce Business; Plans To Focus On EVs

The company claimed its ride-hailing business is delivering its highest ever GMV month on month along with profitability

Read More