Ola Overview

  • Founded
  • 2010
Founded
  • Status
  • Private
  • Employees
  • 7,000
Employees
  • Latest Deal Type
  • Series J
  • Latest Deal Amount
  • $639M
Latest Deal Amount
  • Investors
  • 65

Ola General Information

Description

Developer of an online ride-hailing platform designed to connect passengers with drivers across India. The company's platform offers a variety of vehicles and ensures convenient, transparent, and enhanced service, enabling passengers to get a convenient network of transportation anytime.

Contact Information

Website
www.olacabs.com
Formerly Known As
Olacabs
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Financial Software
Application Software
Primary Office
  • Regent Insignia, Number 414, 3rd Floor, 4th Block
  • 17th Main, 100 Feet Road, Koramangala
  • Bengaluru, Karnataka 560034
  • India
+91 080673 00000

Ola Timeline

2019202020212022
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Ola Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
20. Later Stage VC (Series J) 09-Dec-2021 $639M 00.000 00.00 Completed Generating Revenue/Not Profitable
19. Debt - General 03-Dec-2021 00.000 Completed Generating Revenue/Not Profitable
18. Later Stage VC 09-Jul-2021 00000 00.000 Completed Generating Revenue/Not Profitable
17. Later Stage VC 29-Oct-2019 00000 00.000 00.000 Completed Generating Revenue/Not Profitable
16. Later Stage VC (Series J) 24-Sep-2019 00000 00.000 00.00 Completed Generating Revenue/Not Profitable
15. Later Stage VC 17-Sep-2018 0000 00.000 00.00 Completed Generating Revenue/Not Profitable
14. Secondary Transaction - Private 08-Aug-2018 00000 00.000 Completed Generating Revenue/Not Profitable
13. Later Stage VC 11-Oct-2017 00.00 00.000 00.00 Completed Generating Revenue/Not Profitable
12. Debt - General 04-Sep-2017 $156M $1.94B Completed Generating Revenue/Not Profitable
11. Later Stage VC 11-Aug-2017 $190M $1.78B 00.000 Completed Generating Revenue/Not Profitable
To view Ola’s complete valuation and funding history, request access »

Ola Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an online ride-hailing platform designed to connect passengers with drivers across India. The company's pla
Automotive
Bengaluru, India
7,000 As of 2021
00.000
0.00 0000-00-00
00000000000 00.000

0000 000

prehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat
0000000000
Mumbai, India
000 As of 0000
00000
0.000 0000-00-00
000000&0

00000000

ore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui offi
0000000000
Moscow, Russia
0000
00.00 0000-00-00
000000&0 0000
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Ola Competitors (55)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Meru Cabs Formerly PE-Backed Mumbai, India 000 00000 000000&0
000000000 Corporate Backed or Acquired Moscow, Russia 0000 000000&0 0000
0000000 Venture Capital-Backed Istanbul, Turkey 00 000 00000000000 000
0000000.000 Venture Capital-Backed Guangzhou, China 0000 0000 00000000000 0000
000000000 Venture Capital-Backed Berlin, Germany 000 00000 0000000000 0 00000
You’re viewing 5 of 55 competitors. Get the full list »

Ola Patents

  • 60

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 15

    Granted

  • 21

    Pending

  • 000

    Expiring in next 12 mo

Ola Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210027273-A1 Method and system for providing mobile ticketing to users Pending 22-Jul-2019 000000000
US-20200356091-A1 Optimizing performance of autonomous vehicles Pending 09-May-2019 0000000000
US-20200356100-A1 Generation of autonomy map for autonomous vehicle Pending 09-May-2019 00000000000
US-20200286003-A1 Vehicle allocation for ride requests Pending 06-Mar-2019 0000000000
US-20200279345-A1 Allocation of vehicles using fitness information Pending 02-Mar-2019 G06Q50/30
To view Ola’s complete patent history, request access »

Ola Executive Team (31)

Name Title Board Seat Contact Info
Bhavish Aggarwal Co-Founder, Board Member & Chief Executive Officer
Ankit Bhati Co-Founder, Chief Technology Officer & Board Member
Rakesh Bhardwaj Global Chief Information Officer
Harish Abhichandani Advisor
G.R. Kumar Group Chief Financial Officer
You’re viewing 5 of 31 executive team members. Get the full list »

Ola Board Members (12)

Name Representing Role Since
Ankit Bhati Ola Co-Founder, Chief Technology Officer & Board Member 000 0000
Arun Sarin KBE Self Board Member 000 0000
Avnish Bajaj Ola Board Member 000 0000
Bhavish Aggarwal Self Co-Founder, Board Member & Chief Executive Officer 000 0000
Brent Irvin Tencent Holdings Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

Ola Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Ola Investors (65)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Edelweiss Financial Services Investment Bank Minority 000 0000 000000 0
Hero Enterprise Corporation Minority 000 0000 000000 0
IIFL Finance Corporation Minority 000 0000 000000 0
Siddhant Partners Venture Capital Minority 000 0000 000000 0
Tejal Merchantile Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 65 investors. Get the full list »

Ola Investments & Acquisitions (16)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 05-Oct-2021 0000000000 IT Consulting and Outsourcing 0000000 0
00000.00 13-Aug-2019 0000000000 Automotive 00000 000
00000 0000000 28-Jun-2019 00000 0000 00.000 Consumer Finance 0000000 0
000 00000000 01-Mar-2019 00000 0000 000.00 Automotive 00000 000
Vogo 31-Dec-2018 Early Stage VC 00000 Automotive 0000000 0
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Ola Subsidiaries (3)

Company Name Industry Location Founded
Ola Electric Automotive Bangalore, India 2017
0000000 IT Consulting and Outsourcing Pune, India 0000
000000000 00000 Food Products Gurgaon, India 0000
To view Ola’s complete subsidiaries history, request access »

Ola Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000000 000000 02-Mar-2015 000000000000000000 00000 Completed
  • 000
To view Ola’s complete exits history, request access »