Ola Cabs - About the company
Ola Cabs is a series J company based in Bengaluru (India), founded in 2010 by Pallav Singh, Bhavish Aggarwal, Ankit Bhati, Amit Gupta, Naresh Aggarwal, Piyush Sharma, Piyush Sharma, Pranali Sitpuriya, Kartik Gupta, Satish Kumar, Shreyas Chidambara, Bhola Bagga, Manoj Msr, Madhu Sudhan, Jayadrath Gunjal, Mithil Patkar, Amit Anchal, Ashish Kumar, Anurag Sharma, Imandi Venkata Deepak, Ashish Jain, Piyush Sharma, Karthik, Aparna V S, Ankit Gupta, Sharan Hiremath, Priya Chakraborty, Anand Kumar, Sumita Patait, Anand Damani, Shiva Manian, Naveen Selvaraj, Akshay Borhade, PrudentPrach Chauhan Singh, Laxman Munigala, Dayaraj Kunder and N Ananthakrishnan Potti. It operates as an Operator of a network providing on-demand transportation and mobility solutions. Ola Cabs has raised $3.84B in funding from investors like Tiger Global Management, DST Global and Tencent, with a current valuation of ₹46,600Cr. The company has 463 active competitors, including 36 funded and 7 that have exited. Its top competitors include companies like Uber, Namma Yatri and Blu-Smart.
Sectors and market segments that Ola Cabs operate in
Ola Cabs serves in the Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech market segments.The primary business model of Ola Cabs are:Company Details
Operator of a network providing on-demand transportation and mobility solutions. It facilitates booking of rides through its platform. The company offers options for daily commutes, outstation trips, and hourly rentals. It also provides options for booking electric vehicles.
- Website
- www.olacabs.com
- Social
- Email ID
- *****@olacabs.com
- Registered Address
- Ola Campus, C Wing, Prestige RMZ Startech, Kormangala, Koramangala VI Bk, Bangalore, Bangalore South, Karnataka, India, 560095
Legal entities associated with Ola Cabs
Ola Cabs is associated with 10 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ANI TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2010PTC086596 , India, Active | Dec 03, 2010 | $162M (As on Mar 31, 2025) | 282 (As on Apr 01, 2026) | |
SERENDIPITY INFOLABS PRIVATE LIMITED CIN: U74900KA2011PTC057111 , India, Amalgamated | Feb 14, 2011 | $17.5M (As on Mar 31, 2016) | 1 (As on Jun 30, 2017) | |
OLA FINANCIAL SERVICES PRIVATE LIMITED CIN: U22219KA2007PTC127705 , India, Active | Feb 24, 2007 | $27.1M (As on Mar 31, 2025) | 20 (As on Aug 31, 2025) | |
OLA ELECTRIC TECHNOLOGIES PRIVATE LIMITED CIN: U34300KA2021PTC142884 , India, Active | Jan 06, 2021 | $558M (As on Mar 31, 2025) | 2611 (As on Apr 01, 2026) | |
OLA UK PRIVATE LIMITED CIN: 11154418 , United Kingdom, Active | Jan 16, 2018 | - | 4 (As on Mar 31, 2025) | |
OLA AUSTRALIA PTY. LTD. CIN: 623472202 , Australia, Active | Dec 19, 2017 | - | - | - |
OLA STORES TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2017PTC100829 , India, Active | Feb 23, 2017 | $1.65M (As on Mar 31, 2025) | 4 (As on Jun 01, 2023) | |
OLA FLEET TECHNOLOGIES PRIVATE LIMITED CIN: U63090KA2012PTC157478 , India, Active | Feb 02, 2012 | $5.27M (As on Mar 31, 2025) | 4 (As on Aug 01, 2025) | |
Ola Electric Mobility Limited CIN: L74999KA2017PLC099619 , India, Active | Feb 03, 2017 | $583M (As on Mar 31, 2025) | 2 (As on Apr 01, 2026) | |
OLA NEW ZEALAND GLOBAL LTD CIN: 6702998 , New Zealand, Active | Jan 01, 2010 | - | - |
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Ola Cabs's funding and investors
Ola Cabs has raised a total funding of $3.84B over 25 rounds. Its first funding round was on Apr 21, 2011. Its latest funding round was a Series J round on Feb 22, 2022 for $20M. 2 investors participated in its latest round. Ola Cabs has 93 institutional investors and 57 angel investors.
Here is the list of recent funding rounds of Ola Cabs:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 22, 2022 | $20M | Series J | - | - | ||
Jan 28, 2022 | $20M | Series J | - | - | - | |
Dec 16, 2021 | $500M | Conventional Debt | - | - | - | - |
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Ola Cabs' founders and board of directors
Founder? Claim ProfileThe founders of Ola Cabs are Pallav Singh, Bhavish Aggarwal, Ankit Bhati, Amit Gupta, Naresh Aggarwal, Piyush Sharma, Piyush Sharma, Pranali Sitpuriya, Kartik Gupta, Satish Kumar, Shreyas Chidambara, Bhola Bagga, Manoj Msr, Madhu Sudhan, Jayadrath Gunjal, Mithil Patkar, Amit Anchal, Ashish Kumar, Anurag Sharma, Imandi Venkata Deepak, Ashish Jain, Piyush Sharma, Karthik, Aparna V S, Ankit Gupta, Sharan Hiremath, Priya Chakraborty, Anand Kumar, Sumita Patait, Anand Damani, Shiva Manian, Naveen Selvaraj, Akshay Borhade, PrudentPrach Chauhan Singh, Laxman Munigala, Dayaraj Kunder and N Ananthakrishnan Potti. Bhavish Aggarwal is the CEO of Ola Cabs.
Here are the details of Ola Cabs' key team members:
- Pallav Singh: Co-Founder & CEO of Ola Cabs. They are also an angel investor in 7 startups and serve on the boards of 3 companies.
- Bhavish Aggarwal: Co-Founder & CEO of Ola Cabs and founder of 15 other companies, including Ola Maps, Krutrim and Krutrim Ai Designs. They are also an angel investor in 14 startups and serve on the boards of 4 companies.Contact Info: 1 phone number
- Ankit Bhati: Former Co-Founder of Ola Cabs and founder of 7 other companies, including Amnic, Ola Wheels and OLA Electric. They are also an angel investor in 21 startups and serve on the board of 1 company.Contact Info: 2 email addresses
- Amit Gupta: Vice President & Group Head of Tax of Ola Cabs. They are also an angel investor in 1 startup.
- Naresh Aggarwal: of Ola Cabs. They are also an angel investor in 7 startups.
Ola Cabs' Board of Directors
Ola Cabs's board has 4 active members. Bhavish Aggarwal and Sachin Bhatia are part of team and Arun Sarin and Krishnamurthy Venugopala Tenneti are independent board members.Here is the list of Ola Cabs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 5m | |
Investor | - | Current | 0y 8m | |
Independent board member | - | Current | 8y 7m | |
Independent board member | - | Past | 10y 7m |
View details of Ola Cabs's Founder profiles and Board Members
Ola Cabs' employee count trend
Ola Cabs has 3,724 employees as of Aug 25. The total employee count is 21.0% lower than what it was in Aug 24. Here is Ola Cabs's employee count trend over the years:
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Ola Cabs's Competitors and alternates
Top competitors of Ola Cabs include Uber, Namma Yatri and Blu-Smart. Here is the list of Top 10 competitors of Ola Cabs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 90/100 | |
2nd |  Namma Yatri 2022, Bengaluru (India), Seed | Digital mobility platform providing a people-first ride-hailing service through an open network | $15.4M | 78/100 | |
3rd | Platform offering electric vehicle fleet undergoing corporate insolvency resolution process | $159M | 76/100 | ||
4th | Operator of a network providing on-demand transportation and mobility solutions | $3.84B | 73/100 | ||
5th | App-based intercity ride-hailing aggregator | $5.93M | 71/100 | ||
6th | Snap-E Cabs 2021, Kolkata (India), Seed | Operator of electric vehicle transportation services providing ride bookings via application | $5M | 69/100 | |
7th | Operator of vehicle fleets for use on ride hailing platforms | $5.11M | 65/100 | ||
8th | App-based platform offering ride-hailing services | $135M | 64/100 | ||
9th | TaxiForSure 2011, Bengaluru (India), Acquired | Car rental aggregator | $45.2M | 63/100 | |
10th | App-based platform offering ride-hailing services | - | 61/100 |
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Ola Cabs's Latest cap tables and shareholding
Founders own 12.60%, Funds (largest shareholder) own 67.34%, Enterprises own 10.39% and Angels own 2.75%. The net worth of Ola Cabs's founders is INR 6,680Cr as of Dec 08, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 12.60% | 6,680Cr | 1206974 | 7027318 | 4376366 | 7874935 |
9338289 | 5982017 | 2421941 | 1688123 | 5814579 | 9244106 | |
319 | 956 | 979 | 367 | 288 | 144 | |
Fund | 67.34% | 35,700Cr | 3719122 | 2114978 | 8128169 | 7849809 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 10.39% | 5,510Cr | 7467598 | 9828455 | 5914592 | 8717263 |
Angel | 2.75% | 1,450Cr | 47 | 27 | 11 | 39 |
Other People | 0.43% | 229Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 5.93% | 3,140Cr | 25946 | 48901 | 31092 | 52296 |
Other Investors | 0.56% | 297Cr | 0 | 0 | 0 | 0 |
Total | 100.00% | 53,000Cr | 2851810 | 7471129 | 7144941 | 6216474 |
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DisclaimerView more details of Ola Cabs's Shareholding
Ola Cabs's Investments and acquisitions
Ola Cabs has made 8 investments in companies including Mswipe and Vogo. Ola Cabs has also acquired 9 companies including Avail Finance and Pikup.ai.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 27, 2023 | Investments | 2011 | Mumbai (India) | |
Mar 25, 2022 | Acquisition | 2017 | Bengaluru (India) | |
Aug 30, 2019 | Investments | 2015 | Bengaluru (India) |
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Reports related to Ola Cabs
Here is the latest report on Ola Cabs's sector:
News related to Ola Cabs
Filter this listMedia has covered Ola Cabs for a total of 19 events in the last 1 year, 8 of them have been about company updates and 1 about people movement.
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Maharashtra Govt Asks Google, Apple To Remove Uber, Ola, Rapido Apps Over Bike Taxi OperationsNDTV•May 16, 2026•Google, Uber, Apple, Rapido and 1 other
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Ola Consumer Begins IPO Process Amidst Revenue Decline and Surging LossesEntrackr•May 08, 2026•Ola Cabs
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Practo Founder, Ex-Ola Electric and Lenskart Execs Raise Funding for Health Startup CentStartupTalky•Mar 06, 2026•Lenskart, Ola Cabs, Practo
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Ola Electric Faces Challenges Amidst Service Issues and Investor ConcernsLivemint•Feb 19, 2026•Ola Cabs
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Ola, Uber Strike Puts India’s Platform Economy Under PressureCyberMedia India Online•Feb 05, 2026•Uber, Ola Cabs
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Ola Foods Shutdown: Ola Group Pauses Food Business Amid Ola Electric DownturnBusiness Outreach•Dec 03, 2025•Ola Cabs
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