Ola to invest $100 million in scooter sharing startup Vogo

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Ola has announced that it will invest $100 million in Vogo, a scooter sharing network for short haul commute. As per the deal, Ola will boost Vogo’s supply by investing in 1 lakh scooters on the Vogo platform, worth $100 million. Continue reading “Ola to invest $100 million in scooter sharing startup Vogo”

Ola announces its plans to foray into New Zealand

Ola Australia

Ola has announced its plans to enter New Zealand in areas including Auckland, Christchurch, and Wellington. This comes after the successful launch in Australia in February 2018 and the UK in August 2018. To build Ola’s presence locally, Brian Dewil has been appointed as Country Manager for New Zealand.  Continue reading “Ola announces its plans to foray into New Zealand”

After Australia, Ola announces its plans to foray into UK

Ola Australia

Ola today announced it is planning to enter the UK, bringing a dynamic, responsible new service to the market. The company has obtained licenses to operate in South Wales and Greater Manchester and will launch operations in South Wales within the next month. Continue reading “After Australia, Ola announces its plans to foray into UK”

IRCTC partners with Ola to let users book cab directly from its platform

IRCTC_and_Ola

IRCTC and Ola have signed an LOI (Letter of Intent) that will enable commuters to book an Ola on IRCTC platforms. IRCTC has now integrated the Ola booking API onto its platforms; both website and IRCTC mobile app. The service has already started which makes Ola the first mobility platform in the country to partner with the IRCTC to provide first and last-mile connectivity to commuters. Continue reading “IRCTC partners with Ola to let users book cab directly from its platform”

Now you can book Ola cab directly from Hike messenger

Ola_on_Hike

Hike and Ola have teamed up to offer a seamless experience to users where they can now book Ola cab directly from Hike app. Users can now book Ola cabs and autos across 110 cities in India from within Hike app and can pay directly through the Hike Wallet or in cash. Continue reading “Now you can book Ola cab directly from Hike messenger”

Ola announces international foray, all set to launch in Australia

Ola Australia

Ola; Indian cab sharing aggregator has announced its plans to foray into Australia. The company has begun onboarding driver-partners across Sydney, Melbourne, Perth and said that is aiming to expand soon and work with local communities for better reach. Continue reading “Ola announces international foray, all set to launch in Australia”

Ola acquires Foodpanda India, to invest $200 million

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Ola today announced a partnership with Germany based DeliveryHero Group, an online food ordering and delivery marketplace. As a part of this partnership, Ola will have now have rights over Foodpanda India business in an acquisition deal in exchange for Ola stock. Continue reading “Ola acquires Foodpanda India, to invest $200 million”

Ola launches ‘Ola Pedal’ bicycle sharing service, pilots in IIT Kanpur campus

Ola Pedal

After launching Ola cab, Auto, Shuttle, Autorickshaws and Motorcycles, Ola has launched bicycle sharing service; ‘Ola Pedal.’ The company is currently running pilot in Kanpur and will soon introduce across several cities where it runs its cab business.

Continue reading “Ola launches ‘Ola Pedal’ bicycle sharing service, pilots in IIT Kanpur campus”

Ola partners with Microsoft for connected vehicle platform

Ola_and_Microsoft

Ola has partnered with Microsoft to build a new connected vehicle platform for future. Microsoft will be the cloud partner as Ola said to use Microsoft Azure to power Ola Play its existing connected car platform.

Continue reading “Ola partners with Microsoft for connected vehicle platform”

Ola raises $1.1 billion from Tencent and Softbank

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Ola has secured a whopping $1.1 billion in fresh round of funding from China’s Tencent Holdings Ltd and existing investor Japan’s SoftBank. The homegrown company will use the funding to increase its numbers of drivers and expand presence to more cities. Continue reading “Ola raises $1.1 billion from Tencent and Softbank”

Ola raises $2 billion from SoftBank, Tencent and other investors

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Ola has received a fresh round of funding from SoftBank, Tencent and other investors, according to a latest report from Bloomberg. The funding is also backed by venture capital fund jointly run by Indian industrialist Ratan Tata, the University of California’s investment arm and U.S. institutional investors. Continue reading “Ola raises $2 billion from SoftBank, Tencent and other investors”

Ola, Google team up to bring Ola Outstation cabs to Google Maps

ola mapsOla and Google have partnered to bring Ola Outstation service to Google Maps. Users will now see an inter-city Ola cab ride options directly within Google Maps. Continue reading “Ola, Google team up to bring Ola Outstation cabs to Google Maps”

Ola employee arrested for stealing Aadhaar KYC data

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Abhinav Srivastav, an IIT-Kharagpur graduate, has been arrested by the Bengaluru city police on the charge of stealing Aadhaar data. The Unique Identification Authority of India (UIDAI) has registered a case against the 31-year old Ola employee who is also the founder of Qarth Technologies that was acquired by Ola.

Continue reading “Ola employee arrested for stealing Aadhaar KYC data”

China’s Tencent might pump $400 million in Ola

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China’s Tencent is in talks with homegrown cab aggregator Ola for a fresh round of funding worth $400 million, according to a latest report from the Economic Times. Citing four people aware of the development, ET stated that Tencent executives met with Ola’s management team to discuss funding. Continue reading “China’s Tencent might pump $400 million in Ola”

Zomato, Ola team up to offer cab booking and food delivery

Zomato

Zomato and Ola have announced a strategic partnership to offer both of its services to their users. As a result of the partnership, Zomato users will be able to book Ola rides within the app and also make payments using Ola Money. Continue reading “Zomato, Ola team up to offer cab booking and food delivery”