Ola is a mobility platform and ride-hailing company that integrates city transportation for customers and driver partners.
Ola operates a mobile technology platform that integrates city transportation for customers and driver partners in India. Its mobile application allows its customers to book a range of cabs, auto-rickshaws, bikes, and shuttle buses.
Ola's mobile application allows customers to book city taxi, outstation travel, car rental, and corporate travel services. Its mobile application is available on Windows, Android, and iOS platforms.
Ankit Bhati and Bhavish Aggarwal founded Ola on December 1, 2010. It has its headquarters with additional offices in Bengaluru in India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 22, 2022 | Series J | ₹1.50B | 3 |
Arrow Capital Partners
Axis Asset Management Company Segantii Capital Management |
— | Detail |
Dec 16, 2021 | Debt Financing | $500M | 1 | SoftBank | — | Detail |
Dec 8, 2021 | Series J | $139M | 8 | Edelweiss Financial Services | — | Detail |
Jul 9, 2021 | Private Equity(PE) | $500M | 4 | Temasek Holdings | — | Detail |
Sep 23, 2019 | Series J | $5.10M | 1 | ARK Ola Pre IPO Private Investment Trust | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Dec 18, 2018
Vogo
|
Corporate Round | $100M | Rental | Yes |
Aug 14, 2018
Vogo
|
Series A | $7M | Rental | Yes |
Feb 28, 2018
Ola Fleet Technologies
|
Series Unknown | ₹500M | Internet Radio | Yes |
Jun 21, 2017
Mswipe Technologies
|
Series D | $31M | Financial Services | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Arrow Capital Partners | Yes | Series J |
Axis Asset Management Company | Yes | Series J |
Segantii Capital Management | Yes | Series J |
SoftBank | Yes | Debt Financing |
Edelweiss Financial Services | Yes | Series J |
Temasek Holdings | Yes | Private Equity(PE) |
ARK Ola Pre IPO Private Investment Trust | Yes | Series J |
Deshe Holdings | Yes | Series J |
DIG Investment | Yes | Series J |
Hyundai Motor Company | Yes | Corporate Round |
Ola has had 1 exits. Ola most notable exits include Vogo
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Mar 28, 2022 | Vogo | M&A | Rental | Detail |
Ola has acquired 8 organizations. Their most recent acquisition was TaxiForSure on Mar 2, 2015. They acquired TaxiForSure for $200M.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Mar 2, 2015
TaxiForSure
|
Association | acquisition | $ 200M | Detail |
Nov 11, 2015
Geotagg
|
Information Technology | acquisition | — | Detail |
Mar 21, 2016
Qarth
|
Mobile Payments | acquisition | — | Detail |
Dec 19, 2017
Foodpanda India
|
E-Commerce | acquisition | $ 31.70M | Detail |
Apr 3, 2018
Ridlr
|
Apps | acquisition | — | Detail |