While the company generated INR 1,220.2 Cr from its cab-hailing business during the year under review, its financial services business garnered INR 110 Cr Its operating income jumped 2X YoY to INR ...

In a statement, a spokesperson of Ola Cabs said that the startup has reassessed its priorities and is highly focussed on the Indian market Ola drivers in Australia received an email informing them ...

Vanguard has revised its valuation of Indian ride-hailing startup Ola to about $2 billion as of the end of August, according to a regulatory filing. A U.S. asset manager’s fund disclosed in a filing ...

MUMBAI, April 19 (Reuters) - Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct ...

Uber is reportedly in talks to have its Indian unit merge with its local competitor, Ola Cabs, after their common stakeholder SoftBank sought to consolidate their respective markets in India. Given ...

Ride hailing apps Uber and Ola have been ordered by a Dutch court to provide their drivers with greater access to data held on them. The court also rejected both firms’ claims that drivers were ...

An Indian CEO chose simplicity and efficiency over luxury when he took a Ola cab after having dinner at a five-star hotel. Thyrocare Technologies founder Dr Arokiaswamy Velumani recently shared in a ...

Mumbai: "Ola and Uber cannot be compared with Cool Cabs as the latter is a metered taxi while the former two are privately run vehicles. So the question of increasing fares at par with Cool Cabs does ...

The Mumbai Metropolitan Region Transport Authority (MMRTA) has directed leading app-based taxi and auto rickshaw aggregators, including Uber, Ola, and Rapido, to implement the base fare structure of ...