Tag: Ola
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Ola Electric raises largest-ever $100 mn debt in Indian EV market
Ola Electric and Bank of Baroda on Monday signed a 10-year-long debt of $100 million towards the completion of Phase 1 of Futurefactory, a...
Ola raises $500 mn ahead of IPO
Ola on Friday said that Temasek and Plum Wood Investment Ltd, an affiliate of global private equity fund Warburg Pincus have partnered with Ola...
Ola expands top leadership team in India
Cab aggregator Ola on Friday announced expansion of its leadership team with the appointment of two Chief Financial Officers.
G.R. Arun Kumar joins as the...
Ola appoints Rakesh Bhardwaj as Group CIO
Ride-hailing major Ola on Wednesday announced the appointment of Rakesh Bhardwaj as Group Chief Information Officer (CIO).
In this role, Rakesh will provide strategic direction...
Ola to invest Rs 2,400Cr for scooter factory in TN
Ride-hailing major Ola said on Monday that it will make an investment of Rs 2,400 crore for setting up the "world's largest" scooter factory...
‘Ola Corporate’ ride service enters Australia, New Zealand, UK
Ride-hailing platform Ola on Tuesday announced to expand its enterprise mobility offering for convenient business travel to Australia, New Zealand, and the UK in...
Ola joins PhonePe to boost its digital payments experience
Ride-hailing major Ola on Monday announced its strategic partnership with PhonePe to enhance its digital payments experience for its customers.
Ola users can now access...
Ola introduces in-app ‘tipping’ facility globally
Ride-hailing major Ola on Tuesday rolled out new cashless ‘tipping functionality that enables customers to voluntarily reward drivers for going the extra mile to...
OLA to lay off 1,400 employees, says revenue down 95% in 2 months
Ride-hailing major Ola has decided to lay off 1,400 employees amid the coronavirus crisis.
Outlining the severe impact of the pandemic on the industry and...
Ola is all set to take on Uber after it acquired Food panda!
Ola is all set to take on Uber after it acquired Food panda!
Posted at
After Acquiring online food delivery start-up Food panda, India,...