ANI Technologies Pvt. Ltd., operating under the trade name Ola, is an Indian online transportation network company. Ola is India's most popular mobile application for booking your cab, changing the way you travel in your city, forever! We bring together cab drivers and customers using technology to make transportation hassle free for everyone.

Ola integrates city transportation for customers and driver-partners onto a mobile technology platform ensuring convenient, transparent, and quick service fulfilment.

Ola Cabs was founded on 3 December 2010 by Bhavish Aggarwal, and Ankit Bhati. The company is headquartered in Bangalore, Karnataka, and serving 250+ cities across India, Australia, New Zealand, and the UK.

 

The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 1.5 million driver-partners.

 

Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; India’s largest fleet management business, Ola Fleet Technologies and Ola Skilling, that aims to enable millions of livelihood opportunities for India's youth.

 

Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands through India’s largest network of kitchens under its Food business.

 

Ola is backed by Temasek, SoftBank, Tencent Holdings, Tiger Global, Warburg Pincus, Matrix India, RNT Capital, Bhavish Aggarwal, and others . The company raised $139M in new financing on Dec 08, 2021. This brings Ola's total funding to $4.4B to date. The latest round valued the company at $7.3B post-money. Ola was previously valued at $6.2B from a round raised in Mar 2019.

 

 

  • Year founded: 2010
  • Funding Info: $4.4B over 24 Rounds (Latest Funding Type: Private Equity)
  • Yearly Revenue: Rs 689.61 crore (2020)
  • Employee Size: 5,001-10,000
  • Business Valuation: Valued at $7.3B as of Dec 08, 2021
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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