Ola Stock

olacabs.comTransportation / RidesharingFounded: 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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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 Highlights

Indian ride hailing firm Ola raises $500 mln loan
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.
Ola Electric in talks to raise at over $2.75B valuation
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 looking to raise up to USD 1.5 bn via IPO: Sources
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.
Updated on: May 23, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.