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Ola to lay off 1,400 employees as COVID-19 crisis hits revenue
Updated : 5 years, 9 months ago IST
Bengaluru (Karnataka) [India], May 20 (ANI): Ride-sharing company Ola Cabs said on Wednesday it will lay off 1,400 of its employees due to business uncertainty caused by the coronavirus pandemic while the revenue has come down by 95 per cent in the past two months.
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Ratan Tata invests in Ola Electric Mobility to scale EV deployment in Indi
Updated : 6 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 6 (ANI): Ola Electric Mobility said on Monday that Chairman Emeritus of Tata Sons Ratan Tata has invested in the company as part of its series A round of funding.
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Flipkart's Sachin Bansal invests Rs 650 crore in cab hailing app Ola
Updated : 7 years ago IST
Bengaluru (Karnataka) [India], Feb 19 (ANI): Ride-hailing platform Ola on Tuesday confirmed an investment of Rs 650 crore from Co-founder of Flipkart Sachin Bansal.
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Ola launches new initiative for social causes
Updated : 7 years, 10 months ago IST
Bengaluru (Karnataka) [India], May 07 (ANI): Leading ride-sharing company, Ola, on Monday launched 'My Ride. My Cause.' on its platform to crowdsource funds and support social causes by leveraging its vast network of millions of customers across India.
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Ola goes electric, aims to put 10,000 EVs on road by 2019
Updated : 7 years, 11 months ago IST
Bengaluru (Karnataka) [India], Apr. 16 (ANI): Taxi aggregator Ola on Monday announced its "Mission: Electric", with a commitment to place 10,000 e-rickshaws and electric auto-rickshaws in its service in the next 12 months.
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Ola acquires Ridlr; to digitise public transportation
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 03 (ANI): Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr. The integration of Ridlr will bring new opportunities for users to serve their mobility needs.
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