Page 16 - Ola

Ola plans grocery delivery biz relaunch in early 2019 ahead of Uber's entry

Facing competition from Uber, Ola looks to recreate Grab and Dixi Chuxing's story

CCI approves additional purchase of 6.72% stake in ANI tech by Ola founders

Last month, the founders of the cab aggregator had sought approval of CCI for the combination pertaining to the indirect acquisition of less than 10 per cent of the share capital of ANI through Lazar

Ola founders get CCI approval to increase stake in ANI Technologies

Competition watchdog also okays the sale of Star Health to SafeCrop

Flipkart founder Sachin Bansal may invest $100 mn in Ola, says report

This will be the largest personal investment for Bansal, who has several early-stage bets under his hood

Ola plans to go Dutch on investor hunt; eyes 50 global cities by 2019

Apart from Uber, Ola will compete with Taxify, an Estonia-headquartered unicorn which raised money from the likes of China's Didi Chuxing and Daimler

Ola raises $50 million from new investors; aims to reduce power of Softbank

The China-Eurasian Economic Cooperation Fund is an equity investment vehicle to further China's Belt and Road Initiative

Ola set for recast on road to profit; may announce Vijay Ghadge as new COO

Sources suggest there could be a churn in staff, affecting around 40 per cent in the organisation

Ola serves over 1 bn customers annually, creats employment : CEO Aggarwal

The SoftBank-backed company is locked in an intense battle for market leadership with US-based Uber

Delhi HC orders anonymous social network portal to remove posts against Ola

Derogatory statements were made by Hush users against women employees of Ola and some posts contained the company's confidential business plans

Ola appoints former Google Europe COO Ben Legg as MD of UK operations

The UK is the second international market after Australia for the Bengaluru-based company

Ola's global march continues as it eyes UK entry within a month

In Feb, the ride-hailing company made global foray launching in Australia

Ola making profit on every ride, IPO in 4 years: CEO Bhavish Aggarwal

Turning a profit would essentially bring down company's reliance on raising capital from investors to grow its business further in the country and beyond

Ola's losses mount to Rs 49 bn in FY17 despite revenue improvement

Losses posted by the company in 2016-17 was more than three and half times of its revenues during the period, which stood at Rs13.8 billion

Ola aligns with Softbank's dream of one million electric vehicles

The company has announced 'Mission: Electric' to bring one million EVs on to India's roads by 2021, starting with 10,000 electric rickshaws in the next 12 months

Ola plans to add 10,000 electric vehicles, mostly e-rickshaws in 12 months

The company said it will further expand its EV fleet to three other Indian cities but did not disclose the names

Ola unveils in-trip insurance: Cost starts at Re 1, covers up to Rs 500,000

Apart from Acko, Ola has also partnered with ICICI Lombard General Insurance; the partnership would go live in the coming months, the company said

Ola acquires ticketing app Ridlr to enable mass transit integration

Ridlr already partners several mass transit companies across the country to enable cab booking zones

Ola plans to acquire Ridlr to boost real-time tracking technology

Ola's bold moves come at a time when Softbank is seen as exerting pressure on Uber to fold its businesses in Asia

Ola hires former BMW Group executive Anand Shah to lead new EV arm

Ola is trying to zoom ahead of rival Uber in EVs, having already rolled out a pilot in Nagpur

Ola spreads wings in Australia to build profit base, take on Uber in India

The company has launched its service in Sydney, its second market in Australia in under a month