Ola partners with Lyft, Didi Kuaidi, GrabTaxi to take on Uber
Ola is estimated to be valued at $5 billion, Didi Kuaidi at $15 billion, Lyft at $4 billion and GrabTaxi at $1.5 billion. Uber is…
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Ola appoints former Infosys CFO Rajiv Bansal to head finance
Former Infosys chief financial officer Rajiv Bansal to head finance operations as part of Ola's expansion drive in the country.…
Ola launches app for mobile recharges, transfers
The app will be usable for utility bill payments, across online and offline merchants and leading payment gateways as well,…
What Ola is doing to keep its competitors at bay
Although Ola has market share, growing competition and increasing losses mean it can’t afford to lose speed
China’s Didi backs Ola to compete Uber in India
Ola has been in talks with investors to raise over USD 500 million (about Rs 3,320 crore). The funding will help the Indian…
Ola to invest Rs 5,000 crore in cab leasing business
Taxi aggregator app Ola will invest Rs 5,000 crore in the coming year to expand its newly formed cab leasing business. Under the…
Ola aims to double the fleet in the city by next year
Ola, one of the leading app for mobile transportation, plans to double its number of fleet from the present 800 to 1,600 within…
OlaCabs hacked, credit card info accessed; company denies data breach
The hackers said they had no intention of misusing the credit card or voucher codes and had even emailed OlaCabs.
A hacker…