Fri, Jul 29, 2022
An Economic Times report said that Ola Chief Executive Bhavish Aggarwal had met top Uber executives in San Francisco, United States, citing two sources
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Fri, Jun 24, 2022
In a statement, Ola Electric said it has surpassed Rs 500 crore revenue in its first two months of FY22-23 without sharing the total number of vehicles sold during the two months
Thu, Dec 09, 2021
Ola is in talks to raise over USD 1 billion in funding through a mix of equity and debt over the next few months as the ride-hailing platform prepares for hitting the IPO route next year, according to sources
Mon, Nov 29, 2021
Moody's Investors Service on Monday said it has assigned a first-time B3 corporate family rating (CFR) to ANI Technologies, which operates ride hailing service Ola
Sun, Jul 18, 2021
The Ola Scooter is said to be a revolutionary product from Ola Electric, with class-leading speed, unprecedented range, the biggest boot space as well as advanced technology that make it the best scooter customers can buy
Tue, Oct 06, 2020
Indian ride-hailing company Ola has been refused a licence to continue operating in London over passenger safety failings by the British capital's transport authority, a decision the company said would appeal
Fri, Feb 01, 2019
According to the documents filed with the Corporate Affairs Ministry, Ola narrowed its standalone losses significantly to Rs 2,676.7 crore, while revenues were up 44.6 per cent to Rs 1,860.6 crore in FY2018 compared to the previous financial year.
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
Fri, Apr 14, 2017
Ola has raised about Rs 1,675 crore in a fresh funding round from Japan's SoftBank in order to compete with its rival taxi aggregator Uber in India.
Thu, Feb 09, 2017
Japan's multinational telecom and internet firm SoftBank has reported $350 million loss on its investments in India including its investments in Ola and Snapdeal.
Tue, Nov 08, 2016
Japan's SoftBank Corporation has booked an investment loss of 58.14 billion yen ($560 million or nearly Rs 3,725.54 crore) on its investments in India including cab-hailing firm Ola and e-commerce company Snapdeal.
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