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Ola raises $222.5 million in fresh funding round

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.

Ola to invest Rs 5,000 crore in cab leasing business

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.

Uber, Ola are the biggest potential threat to auto industry: Anand Mahindra

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.

Choose between CNG & Diesel cabs: Ola to Delhi users

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.

High Court orders Ola to run only CNG cabs in 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.

Ola offers online payment facility for multiple merchants

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.

Uber, Ola to offer free wi-fi services to passengers

Last Updated: Friday, August 21, 2015, 13:58

Uber has tied up with Airtel to offer the internet service.

CCI probe into Ola Cabs case at 'preliminary stage'

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.

Ola goes Myntra way, to go app-only

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.

Ola ropes in Lazada's Sundeep Sahni to head new initiatives

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.

Former Vodafone Group CEO Arun Sarin joins Ola Board

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.

Ratan Tata buys stake in Ola

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.