Mon, Jul 08, 2024
Last week, the ride-hailing company Ola exited Google Maps and shifted to in-house Ola Maps for cab operations. The move has apparently saved the company nearly Rs 100 crore a year.
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Sat, Jul 06, 2024
The blog will reveal what the company has built in-house and which components have been leveraged from the open-source community.
Thu, May 16, 2024
Gupta's exit comes two weeks after the company's CEO Hemant Bakshi quit.According to the company, Gupta's departure is part of an "ongoing restructuring" process.
Tue, Feb 19, 2019
The investment is part of Ola's plans to raise about USD 1 billion in funding. In October last year, the Bengaluru-based company had announced raising USD 1.1 billion funding from China's Tencent Holdings and SoftBank Group.
Thu, Feb 07, 2019
Cab-hailing app Ola Thursday said it sold over two crore in-trip micro-insurance policies every month since its launch. The insurance is offered in the price range of Re 1-Rs 49.
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.
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.
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