Ola - About the company
Ola is a series J company based in Bengaluru (India), founded in 2010 by Bhavish Aggarwal and Ankit Bhati. It operates as an Operator of a network providing on-demand transportation and mobility solutions. Ola has raised $3.84B in funding from investors like Tiger Global Management, DST Global and Tencent, with a current valuation of $7.3B. The company has 469 active competitors, including 34 funded and 7 that have exited. Its top competitors include companies like Uber, Namma Yatri and Blu-Smart.
Sectors and market segments that Ola operate in
Ola serves in the Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech market segments.The primary business model of Ola 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
- Email ID
- *****@olacabs.com
- Registered Address
- Ola Campus, C Wing, Prestige RMZ Startech, Kormangala, Koramangala VI Bk, Bangalore, Bangalore South, Karnataka, India, 560095
Key Metrics
Founded Year
2010
Location
Bengaluru, India
Stage
Series J
Total Funding
$3.84B in 25 rounds
Latest Funding Round
Post Money Valuation
$7.3B as on Dec 08, 2021
Investors
Ranked
4th among 469 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
3,724 as on Aug 31, 2025
Legal entities associated with Ola
Ola 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 | ₹1,000+ Cr (As on Mar 31, 2025) | 248 (As on May 01, 2026) | |
SERENDIPITY INFOLABS PRIVATE LIMITED CIN: U74900KA2011PTC057111 , India, Amalgamated | Feb 14, 2011 | ₹100 - ₹500 Cr (As on Mar 31, 2016) | 1 (As on Jun 30, 2017) | |
OLA FINANCIAL SERVICES PRIVATE LIMITED CIN: U22219KA2007PTC127705 , India, Active | Feb 24, 2007 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 20 (As on Aug 31, 2025) | |
OLA ELECTRIC TECHNOLOGIES PRIVATE LIMITED CIN: U34300KA2021PTC142884 , India, Active | Jan 06, 2021 | ₹1,000+ Cr (As on Mar 31, 2025) | 2614 (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 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 4 (As on Jun 01, 2023) | |
OLA FLEET TECHNOLOGIES PRIVATE LIMITED CIN: U63090KA2012PTC157478 , India, Active | Feb 02, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 4 (As on Aug 01, 2025) | |
Ola Electric Mobility Limited CIN: L74999KA2017PLC099619 , India, Active | Feb 03, 2017 | ₹1,000+ Cr (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's funding and investors
Ola 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 has 94 institutional investors and 57 angel investors.
Here is the list of recent funding rounds of Ola:
Filter this list
Date 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 | - | - | - | - |
View details of Ola's funding rounds and investors
Ola's founders and board of directors
Founder? Claim ProfileHere are the details of Ola's key team members:
- Bhavish Aggarwal: Co-Founder & CEO of Ola and founder of 14 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 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: 3 email addresses
Ola's Board of Directors
Ola'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's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 6m | |
Investor | - | Current | 0y 9m | |
Independent board member | - | Current | 8y 9m | |
Independent board member | - | Past | 10y 9m |
View details of Ola's Founder profiles and Board Members
Ola's employee count trend
Ola 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's employee count trend over the years:
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Ola's Competitors and alternates
Top competitors of Ola include Uber, Namma Yatri and Blu-Smart. Here is the list of Top 10 competitors of Ola, 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 | 89/100 | |
2nd | Namma Yatri 2022, Bengaluru (India), Seed | Digital mobility platform providing a people-first ride-hailing service through an open network | $15.4M | 77/100 | |
3rd | Platform offering electric vehicle fleet undergoing corporate insolvency resolution process | $159M | 75/100 | ||
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 2022, Kolkata (India), Seed | Operator of electric vehicle transportation services providing ride bookings via application | $5M | 68/100 | |
7th | App-based platform offering ride-hailing services | $135M | 64/100 | ||
8th | TaxiForSure 2011, Bengaluru (India), Acquired | Car rental aggregator | $45.2M | 63/100 | |
9th | Provider of vehicle transfer and tech enabled solutions | - | - | 59/100 | |
10th | Evera Cabs 2019, Delhi (India), Seed | Provider of an application for booking electric vehicle transportation services | $14M | 58/100 |
Looking for more details on Ola's competitors? Click here to see the top ones
Ola's Investments and acquisitions
Ola has made 8 investments in companies including Mswipe and Vogo. Ola has also acquired 11 companies including Avail Finance and Pikup.ai.Here is the list of investments & acquisitions:
Filter this list
Date 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) |
See all investments and acquisitions by Ola
Reports related to Ola
Here is the latest report on Ola's geography:
News related to Ola
Media has covered Ola for a total of 15 events in the last 1 year, 6 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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Practo Founder, Ex-Ola Electric and Lenskart Execs Raise Funding for Health Startup CentStartupTalky•Mar 06, 2026•Lenskart, Ola, Practo
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Ola, Uber Strike Puts India’s Platform Economy Under PressureCyberMedia India Online•Feb 05, 2026•Uber, Ola
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Ola Foods Shutdown: Ola Group Pauses Food Business Amid Ola Electric DownturnBusiness Outreach•Dec 03, 2025•Ola
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