Bhavish Aggarwal

Automobile industry veteran BVR Subbu joins Ola Electric’s board

Tanmay Tiwary

Ola Electric Mobility, a unit of cab-hailing major Ola, has appointed  BVR Subbu, former president of South Koren automotive ....

14 November, 2019

Ola’s EV arm ropes in former General Motors executive as a board member

Team TC

Bengaluru-based Ola Electric Mobility has appointed Jaime Ardila as a member of the company’s board of directors. Ardila ....

11 October, 2019
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Ola raises $5.1 mn from Seoul-based ‘pre-IPO’ fund

Shashank Didmishe

Bengaluru-based ANI Technologies, which runs ride hailing platform Ola, has raised $5.1 million from ARK Ola Pre-IPO Private Investment ....

23 September, 2019

Hyundai, KIA Motors seek CCI nod to invest in Ola EV arm, parent

Vijayakumar Pitchiah

South Korean automotive major Hyundai Motor and its sister company Kia Motors, have sought the approval of the Competition Commission ....

16 September, 2019

Ola’s electric mobility arm raises $250 mn from SoftBank, valuation triples

Vijayakumar Pitchiah

Ola Electric Mobility Pvt. Ltd, a unit of cab-hailing major Ola, has raised $250 million (Rs 1,725.04 crore) from SoftBank. According ....

2 July, 2019

Ola's electric mobility arm appoints former Vodafone Group CEO Arun Sarin on board

Team TC

The electric vehicles arm of homegrown ride-hailing firm Ola on Tuesday announced the appointment of former Vodafone Group Plc ....

28 May, 2019
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Breaking: Hyundai, Kia Motors lead $351 mn round in Ola at $6.2 bn valuation

Vijayakumar Pitchiah

Bengaluru based ANI Technologies Pvt Ltd, which operates ride hailing service Ola, has raised $351.50 million (Rs 2469.80 crore ....

10 May, 2019

Ola board okays proposal to issue fresh shares worth $355 mn for fundraising

Vijayakumar Pitchiah

Ola’s board has allowed the homegrown cab-hailing firm to issue new shares worth $355 million (Rs 2,469.80 crore at current ....

2 May, 2019

Flipkart co-founder Sachin Bansal invests $92 mn in Ola

Binu Paul

Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing ....

19 February, 2019

Ola raises $16 mn in fresh capital from new US-based investors

Kavya Kothiyal

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of new foreign ....

5 February, 2019
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Ola’s long-serving exec and interim COO quits company

Vijayakumar Pitchiah

Ola old-timer and interim chief operations officer (COO) Pallav Singh has quit the company after serving almost seven years, The ....

14 January, 2019

Exclusive: Ola gets $74 mn from Steadview Capital, valuation jumps

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding ....

10 January, 2019

Ola to invest $100 mn in Vogo, add scooter fleet to app

Kavya Kothiyal

Ride-hailing unicorn Ola announced on Tuesday that it will invest $100 million (around Rs 720 crore) in scooter-sharing firm Vogo ....

18 December, 2018

SoftBank offers to invest $1 bn more in Ola: Report

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank may invest another $1 billion in homegrown cab-hailing major Ola, a report in a financial ....

4 December, 2018

Flipkart co-founder Sachin Bansal may invest $100 mn in Ola

Dearton Thomas Hector

Richer after his exit from his first venture Flipkart, Sachin Bansal seems all set to make his biggest personal investment ever ....

11 October, 2018

Why MakeMyTrip’s Deep Kalra is worried about the future of Indian startups

Binu Paul

MakeMyTrip chairman and group chief executive officer Deep Kalra has warned about a potential takeover of the Indian startup ecosystem ....

1 October, 2018

Ola’s new initiative uses AI to ensure customer safety

Kavya Kothiyal

Homegrown cab-hailing major Ola, run by ANI Technologies Pvt. Ltd, on Tuesday launched project Guardian, a real-time monitoring ....

25 September, 2018

Ola dials Naspers, Temasek and others for new investment round: Report

Payal Ganguly

ANI Technologies Pvt. Ltd, which owns ride-hailing company Ola, is in discussions with South African internet conglomerate Naspers ....

24 September, 2018

Ola founders, Temasek to acquire 10% stake in ride-hailing firm

Vijayakumar Pitchiah

Ola’s co-founders, along with Singapore’s state investment arm Temasek, are in the process of buying out a less than ....

7 September, 2018

Two more senior executives quit cab aggregator Ola

Kavya Kothiyal

Cab-hailing firm Ola, run by Bengaluru-based ANI Technologies Pvt. Ltd, has seen some more senior-level exits. Saikiran Krishnamurthy, ....

6 September, 2018

Aim to aid local startups but not looking at protectionism: IndiaTech CEO Kailasam

Dearton Thomas Hector & Anand J

The debate around a ‘level-playing field’ for Indian startups intensified towards the end of 2016 when Flipkart co-founder ....

4 September, 2018