Ola Stock

olacabs.comTransportationFounded: 2010Funding to Date: $5B

Ola is the developer of a mobility platform connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs in India, Australia, New Zealand, and the UK.

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Team

Management Team

Ankit Bhati
Co-Founder & Chief Technology Officer
Bhavish Aggarwal
Co-Founder & Chief Executive Officer
Harish Abhichandani
Chief Financial Officer
Yugantar Saikia
Chief Administrative Officer & Head, Human Resources

Board Members

Rehan Khan
Orios Venture Partners
Tarun Davda
Matrix Partners
Arun Sarin
Brent Irvin
Tencent Holdings

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News

Indian ride-hailing company Ola said on Thursday it had raised $500 milllion loan from international institutional investors, as the SoftBank Group backed start-up preps to make its stock market debut next year.
The talks come at a time when ride-hailing giant Ola, the initial parent firm of Ola Electric, is looking to file for an IPO. The firm, which recently raised $500M, has signed up a few bankers and is looking to file for the IPO later this year.
Ola is working with select banks, including Citigroup Inc and Kotak Mahindra Bank Ltd, to manage the public offering, two people close to the development said.