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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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