Tag "Ola"

Ola Appoints Ben Legg as UK Managing Director

By : CIOL Bureau

Ola appointed Ben Legg as Managing Director of its recently announced UK operations. Ben will lead and develop the senior leadership team, drive strategy and operations and establish a UK nationwide presence by the end of 2018. Ola recently announced

Ola partners Acko to bring in-trip insurance for users

By : CIOL Writers

Cab aggregator Ola has partnered with Acko General Insurance to provide in-trip insurance to its customers in India. The new program will be available in more than 110 cities in India. “Together with Ola, we have created a first of

Ola acquires Ridlr to expand public transport business

By : CIOL Writers

Cab hailing firm Ola has acquired Mumbai-based Ridlr, an end-to-end public transport ticketing, and commuting app as the company seeks to improve its navigation technology and potentially expand the range of its services. Bhavish Aggarwal, CEO of Ola, said, “Public transportation serves millions of

Ola eyeing Ridlr to improve navigation technology

By : CIOL Writers

In a bid to improve its navigation technology and add more services like intracity bus and train bookings on its platform, home-grown cab-aggregator Ola is in talks to acquire transportation app Ridlr, according to a Livemint report. Citing people in the

IRCTC partners Ola to let passengers book cab on its platform

By : CIOL Writers

Indian Railway Catering and Tourism Corporation (IRCTC) has partnered cab aggregator Ola to enable passengers to book an Ola on the IRCTC website and app. The tie-up, a six month pilot project, will give customers access to Ola booking services when they

Ola teams up with Indian Railways for last mile connectivity

By : CIOL Writers

Ola has partnered with the Indian Railways to launch dedicated Ola kiosks at five key Delhi railway stations aimed at facilitating last mile connectivity and improve mobility experience of passengers. Under the partnership, passengers at New Delhi, Anand Vihar, Old Delhi, Sarai Rohilla

Ola rocked by recruitment fraud running into million dollars

By : CIOL Writers

Cab aggregator Ola has ordered an investigation into fraud allegations against the company’s HR head, Yugantar Saikia, according to a FactorDaily report. Saikia, the head of human resources and chief administrative officer of Ola, allegedly favored a few vendors in return for kickbacks. As

Ola Soft launches in Australia; gives free rides in Perth

By : CIOL Writers

Indian cab-hailing company Ola announced that it has started offering its services in Perth, Australia. The company will be offering two free rides up to the value of $10 per ride in Australia’s Perth city as a soft launch of its

Ola kickstarts international expansion with Australia

By : CIOL Writers

India’s local cab-aggregator, Ola is taking its first step towards international expansion, starting with Australia. Ola, which counts Didi as an investor, announced today that it will soon begin inviting private vehicle owners and driver partners to work with it in the cities of

Ola signs MoU with ICICI Bank to provide microcredit to users

By : CIOL Writers

Cab aggregator Ola has signed a MoU with ICICI Bank to bring forth a range of integrated offers for their customers and driver partners. “This alliance will provide increased convenience to customers on both the platforms as well as hundreds of thousands

Uber to relaunch auto service in India to take on Ola

By : CIOL Writers

Uber is re-launching its ‘AUTO’ service in India, almost two years after shutting down the offering in March 2016, starting with Bangalore and Pune. Uber’s arch-rival Ola already offers auto service through its app which is currently operational across 73 cities

Ola launches lightweight ‘Ola Lite’ for regions with poor internet connectivity

By : CIOL Writers

Cab hailing firm Ola has launched a lightweight version of its app named ‘Ola Lite’ that works in areas with poor internet connectivity. The Ola Lite will target consumers in tier II and tier III in the country. The app

Ola acquires Foodpanda India; invests $200M

By : CIOL Writers

Cab aggregator Ola will acquire Foodpanda India from Germany based online food ordering and delivery marketplace Delivery Hero in an all-stock deal that will see the ride-hailing firm invest $200 million into Foodpanda. While the companies did not disclose the details

Ola partners Microsoft to build a connected car platform

By : CIOL Writers

India’s largest cab-aggregator Ola has partnered Microsoft to build a connected-car platform. Ola will also use Microsoft’s Azure cloud-computing service to power its in-car entertainment offering. This will transform driver and passenger experiences, providing vehicle diagnostics, improved in-car productivity, advanced navigation, predictive maintenance

Ola raises $1.1B from Tencent, Softbank

By : CIOL Writers

Homegrown cab-aggregator, Ola has raised $1.1 billion in fresh funding from investors including Chinese internet giant Tencent and Japan’s SoftBank expanding its war chest to take on arch-rival Uber. Ola also disclosed that it was in advanced talks to raise another $1 billion

Ola said to be raising $2B from SoftBank, Tencent and others

By : CIOL Writers

While its competitor Uber is battling serious issues both inside and outside the company, Ola, India’s largest ride-hailing firm is raising over $2 billion from a group of investors, including Japan’s SoftBank and Tencent Holdings, Bloomberg reported. The first part of

India’s leading tech startups planning to launch a lobby group Indiatech.org

By : CIOL Writers

India’s leading tech startups including Flipkart, ride-hailing service Ola, and travel portal MakeMyTrip are joining hands to form an industry body that will represent local ventures and their interests, seeking protection from resourceful global rivals, reports Economic Times. Citing people in the

Ola unveils a new experience centre- ‘Ola Partner World’ to woo more driver partners

By : CIOL Writers

Amid intense competition from rival Uber and to lure more driver partners to its platform, Ola has announced the launch of Ola Partner World (OPW), a one stop shop for all the needs of driver partners registered on the platform.

Ola teams up with Google to add ‘Outstation’ cabs to Maps

By : CIOL Writers

Ola has entered into an inter-city travel partnership with Google to enable commuters to find and book outstation rides on Google Maps. “Commuters travelling between cities will now be able to discover Ola Outstation, a smart mobility solution for inter- city travel on

Ola raises Rs 231cr from New York-based hedge fund

By : CIOL Writers

Ola has raised over Rs 231 crore from New York-based hedge fund Tekne Private Ventures through issue of preference shares. The deal involves allotment of 1, 71,173 fully and compulsorily convertible preference shares for a total consideration of Rs 231.44 crore, according