Page 3 - Ola

Ola to show drop location, payment mode to drivers before they accept ride

'Enabling drivers is key to reducing cancelations,' tweeted Ola co-founder and CEO Bhavish Aggarwal

Ola raises $500-mn term loan, in talks to raise $1 bn at $7.5-bn valuation

IPO-bound firm is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services

Softbank-backed ride-hailing firm Ola raises $500 mn loan from investors

Ola, which has a majority share of India's ride-hailing market where it competes with Uber Technologies, has plans to raise up to $1 billion through an initial public offering.

Bhavish Aggarwal-led Ola raises $139 mn, valuation crosses over $7 bn

The new funding comes at a time when Ola's transportation business has been badly hit by the pandemic

I believe in India's future, will support with investments: Masayoshi Son

His firm SoftBank is the biggest foreign investor in India today and has funded 10% of all unicorns

LIVE: CA arrested by ED in Mumbai in Rs 1,100-cr money laundering case

ED arrested Ravi Kumar, a Chartered Accountant (CA) at HAR Associates, Delhi on Nov 27

Ride-hailing firm Ola plans IPO in first half of 2022, readies 'super app'

The firm has plans to raise up to $1 billion through an IPO

Top headlines: India detects 2 Omicron cases; Paytm gets first 'Buy' rating

Business Standard brings you the top stories this evening

Ride-hailing company Ola aims to make India global electric vehicle hub

Indian ride-hailing company Ola has received 1 million reservations for its electric scooter, Chief Executive Officer Bhavish Aggarwal said on Thursday, with first deliveries on track for Dec. 15.

Ola to invest up to Rs 786 crore in Ola Financial Services

Ola Financial Services is expanding its suite of products by launching new lending offerings

Ola elevates Balachandar N as Group Chief People Officer

The company's headcount has gone up from 4,500 to 8,000 in the last five months, given the growth across all businesses

Covid LIVE: India's cumulative vaccination coverage crosses 1.17 bn-mark

Over 6.3 mn vaccine doses administered on Monday till 7 pm

Ola's electric scooter is a handful and bound to inspire competition

Gender- and age-agnostic, the e-scooter is fast and powerful

Electric models to help scooters close gap with mobikes: Experts

Ola Electric projects that electric scooters will dramatically push penetration of two-wheelers up nearly threefold

SoftBank-backed Ola boosts leadership team, hires top brass across segments

P V Harinarayan joins as VP Lending, Ola Financial, V Ramesh leads operations at Ola Futurefactory, Priteesh Mahajan heads two-wheeler Programme Management and Product Planning at Ola Electric

Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team

Business Standard brings you the top stories from today

Ola begins pilot of quick grocery delivery service in Bengaluru: Report

Ride-hailing platform Ola has started piloting a quick delivery service for items like grocery, personal care in Bengaluru, making a foray into the quick commerce sector, according to sources.

Ola Cars sells over 1,000 cars over the weekend leading up to Dhanteras

As part of festive offer, Ola said customers can avail of discounts of up to Rs 1 lakh, as well as several industry-first offers like free servicing for up to 2 years, 12-month warranty

Ola posts first-ever operating profit of Rs 90 cr in FY21 amid pandemic

This, even as revenues declined 65% to Rs 690 cr amid Covid-19 lockdowns

Softbank-backed Ola unveils first operating profit ahead of potential IPO

Ola, which has a majority share of India's ride-hailing market, where it competes with Uber Technologies, has a growing presence in several global markets such as Australia and Britain