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Ola

Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies.
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses. Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporatetravel services. Its mobile application is available on Windows, Android, and iOS platforms. Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
  • Mobility / Transportation
    HEADQUARTERS
    Bangalore, Karnataka, , India
    COMPANY SIZE
    1000+
    FOUNDED
    Dec 2010

    Awards

    Awards and Recognitions
    02
    A YourStory list of startups that made the news this year for all the right reasons.
    The year 2019 began with a bang for the ride-hailing unicorn. It raised Rs 650 crore from Flipkart co-founder Sachin Bansal, and ended up garnering a total $2 billion funding in January. It also saw its EV entity, Ola Electric, join the unicorn club this year. While it did face a regulatory challenge with the Karnataka government banning its services, the ride-hailing unicorn bounced back into operations. In India, Ola claims to have over 125 million users and more than one million driver partners. It serves as many as one billion rides every year through its platform. The next stop for the ride hailing unicorn: an IPO. According to sources, Ola is in advanced talks to raise about $150-200 million (Rs 1,050-1,400 crore) in funding from tech giant Microsoft.

    Funding

    Funding Rounds and Investors
    OTHER
    $500M
    Investors
    SoftBank
    16th Dec 2021
    OTHER
    $500M
    Investors
    Temasek Holdings, Wood Investments
    9th Jul 2021
    SERIES-J
    $11.37M
    Investors
    DIG Investment, Deshe Holdings, Samih Toukan, Hussam Khoury
    4th Jul 2019
    OTHER
    $300M
    Investors
    Hyundai Motor Company, Kia Motors
    19th Mar 2019
    SERIES-J
    $92M
    Investors
    Sachin Bansal
    19th Feb 2019
    OTHER
    $15.65M
    Investors
    Raymond S Cahnman, J3T Ventures
    5th Feb 2019
    OTHER
    $21M
    Investors
    Sachin Bansal
    14th Jan 2019
    OTHER
    $74M
    Investors
    Steadview Capital
    10th Jan 2019
    OTHER
    $50M
    Investors
    Sailing Capital, China Eurasian Economic Cooperation Fund
    18th Sep 2018
    SECONDARY-MARKET
    $225M
    Investors
    Temasek Holdings
    8th Aug 2018