OLA

OLA

OLA

Overview
Date Founded

2010

Headquarters

Regent Insignia,No. 414, 3rd Floor, 4th Block,17th Main, 100 Feet Road,Bangalore, Karnataka 560034

Type of Company

Private

Employees (Worldwide)

5,001 - 10K

Industries

Computer Software
Internet Software & Services
Other Transportation
Automobiles
Holding Companies
Consumer Services

Company Description

Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 1.5 million driver-partners. Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; India’s largest fleet management business, Ola Fleet Technologies and Ola Skilling, that aims to enable millions of livelihood opportunities for India's youth. With its acquisition of Ridlr, India’s leading public transportation app and investment in Vogo, a dockless scooter sharing solution, Ola is looking to build mobility for the next billion Indians. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands through India’s largest network of kitchens under its Food business. Ola was founded in Dec 2010 by Bhavish Aggarwal and Ankit Bhati with a mission to build mobility for a billion people.

Executives & Employees

Co-Founder

Co-Founder

Founding Partner

Interim Chief Executive Officer, Ola Financial Services

Chief Operating Officer

Chief Data Scientist

Chief Executive Officer, Ola Fleet Technologies

Head of Business Development

Managing Director, Australia

Director of Engineering

Paths to OLA
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OLA
Recent Transactions
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OLA, Pisces Eservices Pvt Ltd. purchase Holachef Hospitality Pvt. Ltd. from SIDBI Venture Capital Ltd., Kalaari Capital Advisors Pvt Ltd., India Quotient Advisers LLP

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Tiger Global Management LLC (Private Equity), DST Global (Mgmt), OLA purchase Birds Eye Systems Pvt Ltd. from Qualcomm Ventures, Times Internet Ltd., Matrix Partners India Investments LLC, Indian Angel Network Services Pvt. Ltd.

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OLA purchases Pisces Eservices Pvt Ltd. from Delivery Hero SE

Transaction Advisors
Legal Advisor

Advised onOLA purchases Pisces Eservices Pvt Ltd. from Delivery Hero SE

Legal Advisor

Advised onTiger Global Management LLC (Private Equity), DST Global (Mgmt), OLA purchase Birds Eye Systems Pvt Ltd. from Qualcomm Ventures, Times Internet Ltd., Matrix Partners India Investments LLC, Indian Angel Network Services Pvt. Ltd.

Investment Advisor

Advised onSequoia Capital, Tiger Global Management LLC (Private Equity), Matrix Partners India Investments LLC, OLA purchase Serendipity Infolabs Pvt. Ltd. from Accel Partners LLC, Bessemer Venture Partners, Helion Venture Partners Pvt. Ltd., Accel India Management Co. Pvt Ltd., Blume Venture Advisors Pvt. Ltd.

Investments
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Goddard Technical Solutions Pvt Ltd. develops an instant online loan app built to have access to fast cash. The company was founded by Tushar Mehndiratta and Ankush Aggarwal and is headquartered in Bangalore, India.

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Vogo Automotive Pvt Ltd. provides self-drive scooter renal services. The company was founded by Anand Ayyadurai, Padmanabhan Balakrishnan and Sanchit Mitta in 2015 and is headquartered in Guindy, India.

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Mswipe Technologies Pvt Ltd. provides point of sale (POS) payment services on mobile phones. It offers mobile payment terminals and front-end POS solutions. The company was founded by Manish Manubhai Patel in 2012 and is headquartered in Mumbai, India.

Investors
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ARKIAM’s investment approach pursues social and environmental values as well as financial return.

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Founder at Maktoob.com, Inc.

Suppliers
Yes Bank Ltd. Retail & Commercial Banking | Mumbai, India

YES BANK Ltd. is a holding company, which engages in the provision of commercial banking and financial services. The company offers client focused corporate banking services, including working capital finance, term loans, specialized corporate finance, trade and transactional services, debt capital, cash management, treasury services, investment banking, and liquidity management solutions. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investments of all financial markets activities undertaken on behalf of the bank's customers, proprietary trading, maintenance of reserve requirements, and resource mobilization from other banks and financial institutions. The Corporate/Wholesale Banking segment provides lending, deposit taking, and other services offered to corporate customers. The Retail Banking segment offers lending, deposit taking, and other services offered to retail customers. The Other Banking Operations segment represents para banking activities including third party product distribution and merchant banking. The company was founded by Rana Kapoor and Ashok Kapur on November 21, 2003 and is headquartered in Mumbai, India.

Exide Industries Ltd. Automobiles | Kolkata, Ind

Exide Industries Ltd. engages in the manufacture of storage batteries. It operates through the Storage Batteries and Allied Products segment. The company was founded in 1946 and is headquartered in Kolkata, India.

ABB India Ltd. Electrical Products | Bengaluru, India

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people. ABB operations in India include 12 manufacturing facilities with over 10,355 employees. Customers are served through an extensive countrywide presence with more than 23 marketing offices, 8 service centers, 3 logistics warehouses, 2 Power & Automation Engineering Centers and a network of over 550 channel partners. The ABB Group is increasingly leveraging the Indian operations for projects, products, services, engineering and R&D.

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