Page 7 - Ola

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

Ola to hire 10,000 people for its used car platform, eyes $2-bn GMV

Over the next two months, Ola Cars will be operational in 30 cities and expand to 100 cities by next year

Ola to take final payment for e-scooter S1's booked units after test drives

There have been complaints from customers who booked the company's electric scooters about lack of clarity of test drive and delivery schedules after making payments.

SoftBank-backed Ola's COO and CFO to exit firm amid its plans to go public

Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric

Top headlines: IPO-bound Ola to see top-level exits; CRED valued at $4 bn

Moody's upgrades outlook on Indian banking from 'negative' to 'stable'

Ahead of IPO, Ola's COO and CFO to exit the company

Swayam Saurabh and Gaurav Porwal are leaving the company, according to an internal memo seen by Reuters

Indian startup funding crosses $10 bn in Q3, first time in any quarter: PwC

The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure

Ola launches vehicle buying platform Ola Cars, names Arun Sirdeshmukh CEO

Service will compete with Droom, CarDekho, Cars24, Spinny, Carwale and CarTrade. Ola Cars will begin with pre-owned and then include new vehicles from Ola Electric and other auto brands

Ola unveils 'Ola Cars' for vehicle buying, appoints Arun Sirdeshmukh as CEO

Ola Cars will offer a bouquet of services to customers, beginning with purchase, vehicle finance and insurance, registration, maintenance, including vehicle health diagnostics and service