Tue, Apr 09, 2024
Meanwhile, Ola's mobility business in the country has reported a profit of Rs 250 crore in FY23 against a loss of Rs 66 crore in FY22.
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Mon, Feb 12, 2024
WTi Cabs IPO... What is the future plan and business model of WTi Cabs I PO? Where will the money raised from IPO be used? What is the future plan regarding growth? Anil Singhvi's special conversation with Ashok Vashishtha, Founder & CEO of WTi Cabs.
Sat, Sep 16, 2023
The company’s founder and CEO, Bhavish Aggarwal, took to X (formerly Twitter) to announce the return of its Bike taxi service in the city with an all-electric fleet comprising its S1 scooters.
Fri, Jan 18, 2019
Ride-sharing platform Ola on Thursday said its credit payment feature, Ola Money Postpaid, which offers a 15-day credit line to passengers, would soon be available to all the Ola app users.
Thu, Jan 10, 2019
The company is organising a 3 day “Ola Bike Maha Rozgar Mela” in Gurugram to create employment opportunities for the youth of Haryana. This unique event is aligned with the Govt. of Haryana’s visionary program ‘Saksham Saarthi’, aimed at enabling improved livelihood opportunities for the youth of Haryana.
Thu, Dec 27, 2018
A pilot service on booking cars through two major cab aggregators at Delhi Metro stations was launched Wednesday, seeking to further boost last-mile connectivity for commuters.
Wed, Dec 26, 2018
Under the new policy, ad rates will be decided on cabs numbering over 400-500 cars at one go, and it would be cheaper in comparison to common rates, the report said citing official sources.
Tue, Dec 25, 2018
The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms, Zomato and Swiggy, Udaan, Byju`s, Paytm mall, Freshworks and Policybazaar.
Tue, Nov 06, 2018
The State Bank of India has announced three discount offers on Ola rides. The offer has come just before Diwali and is applicable on even Ola Outstation Ride.
Thu, Oct 25, 2018
Notably, Mumbai has about 50,000 app-based cabs. Over 80 per cent of Ola-Uber cabs are off-road even as the strike is likely to continue today.
Sat, Sep 29, 2018
A panel led by PWD Minister Satyendra Jain is deliberating on the draft Licencing and Regulation of App-based Aggregators Rules, 2017.
Tue, Sep 18, 2018
Indian ride-sharing major Ola on Tuesday said it will soon launch its services in New Zealand starting with Auckland, Christchurch and Wellington.
Tue, Oct 03, 2017
Once this round of funding goes through it is expected to help Ola go up against global giant Uber.
Mon, Sep 25, 2017
India currently has 9 unicorn start-up firms including Flipkart, Hike, InMobi, Ola Cabs, Paytm, ReNew Power Ventures, ShopClues, Snapdeal and Zomato.
Wed, Aug 23, 2017
Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.
Fri, Jul 14, 2017
The most active investor in India is a Mumbai-based company that was a former startup and has invested in 76 different companies.
Wed, Jul 05, 2017
The government is mulling over whether to allow private vehicles to be used as shared taxis in order to reduce the car ownership and congestions in cities in India.
Wed, May 10, 2017
SoftBank said that it has written off over $1 billion (Rs 6400 crore) on valuation of its investment in Snapdeal.
Sun, Apr 30, 2017
Ola has seen its losses widen about three times from Rs 796.11 crore in 2014-15
Sat, Apr 22, 2017
The on-demand sector raised approximately $1.6 billion over 50 deals in Q1 2017.
Wed, Apr 19, 2017
Cab aggregator platform, Ola on Wednesday announced that Delhi Metro Rail Corporation (DMRC) has partnered with Ola money, the company’s digital payment solution to be able to recharge their metro cards.
Tue, Feb 28, 2017
Driver incentives and lower fares which were the cornerstones for the growth for tax-hailing apps to grow has now disappeared.
Mon, Feb 27, 2017
The report further found out through surveys conducted in Mumbai and Delhi that over 200 people that used Ola or Uber more than 8 times a month and indicated that nearly 16% of those using app-based cab services have frequently deferred car purchases by at least 6-12 months.
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