Ola Cabs
Indian multinational ridesharing company / From Wikipedia, the free encyclopedia
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Ola Cabs (stylized as OLΛ) is an Indian transportation company that provides ridesharing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, Karnataka and operates in 250+ Indian cities.
Quick Facts Company type, Industry ...
Company type | Private |
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Industry | Transportation Food Industry |
Founded | 3 December 2010; 13 years ago (2010-12-03) |
Founders |
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Headquarters | |
Number of locations | 250+ cities |
Area served | India |
Key people |
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Products | Mobile app, website |
Services | |
Revenue | ₹2,799 crore (US$350 million) (FY23)[2] |
₹−772 crore (US$−97 million) (FY23)[2] | |
Number of employees | ~3,000 (2020) |
Parent | ANI Technologies[3] |
Website | www |
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A variety of venture capitalists including Softbank have large stakes in the company.[4] In January 2018, Ola extended into its first overseas market, Australia, and launched in New Zealand in September 2018.[5] In March 2019, Ola began its operations in the UK.[6] In April 2024, the company announced that it is exiting all of its international markets to focus on the Indian market.[7]