Last Updated: Tuesday, September 15, 2015, 12:00
An industry source said the funding was part of an overall $500 million the company is planning to raise, which will value Ola at around $5 billion.
Last Updated: Monday, September 14, 2015, 15:38
The Bengaluru-based firm has also roped in former LeasePlan India executive Rahul Maroli as Vice President (Strategic Supply Initiatives) to head the leasing business that will operate as a fully-owned subsidiary company.
Last Updated: Thursday, September 10, 2015, 22:58
Mahindra Group chairman Anand Mahindra Thursday opined that taxi-hailing apps like Uber and Ola are the biggest potential threat to the automotive industry, which must create new products that customers love to own and not just use as a means of transport.
Last Updated: Thursday, September 3, 2015, 21:46
Taxi hailing app Ola Thursday said it has introduced a technology that will help to distinguish CNG and diesel vehicles on the app enabling users to choose only CNG vehicles within Delhi.
Last Updated: Thursday, September 3, 2015, 19:12
The Delhi High Court on Thursday said Ola cabs, an app-based taxi service, can run only on Compressed Natural Gas (CNG) fuel in the national capital.
Last Updated: Monday, August 24, 2015, 15:22
This move will allow Ola users, who maintain a significant balance in their Ola Money accounts, to pay conveniently on a wide range of leading e-commerce platforms.
Last Updated: Friday, August 21, 2015, 13:58
Uber has tied up with Airtel to offer the internet service.
Last Updated: Friday, August 7, 2015, 13:58
Competition Commission of India (CCI) Chairman Ashok Chawla said the probe is going on with respect to Bengaluru city.
Last Updated: Tuesday, July 28, 2015, 16:50
After Myntra, taxi aggregator Ola will go mobile-app only across its 100 cities of operations from the next month.
Last Updated: Thursday, July 16, 2015, 17:32
Lazada is South East Asia's one of the biggest e-commerce companies, backed by players like Rocket Internet and Temasek Holdings.
Last Updated: Tuesday, July 7, 2015, 13:05
Sarin will contribute in an advisory role to Ola's overall business strategy that will further drive growth and leadership in the market, Ola said in a statement.
Last Updated: Wednesday, July 1, 2015, 16:46
Ola however did not disclose the size of the stake taken or the money invested, saying the investment was made by Tata in his personal capacity.
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