Archives
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NEWS 
August 8, 2016 Ola gets notice from Karnataka govt on complaints over peak hour charges
On 1 June, the state transport department gave an undertaking to court not to impound Ola. Photo: Mint Bengaluru: Barely a month after cab aggregator Ola received a permit under the Karnataka On-demand Transportation Technology Aggregators Rules 2016, the state transport department has issued a show cause notice to the company over complaints of charging […]
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NEWS 
May 19, 2016 Ola Accused of Overcharging Toll, kingdom Tax in Delhi NCR
HIGHLIGHTS The rides in question are from Delhi to Noida or within the reverse direction. One consumer said Rs. 120 turned into charged as UP country tax. Ola website says purchaser needs to pay Rs. 60 to enter Uttar Pradesh. even as the Delhi authorities has cracked down on app-based taxi aggregators for “surge pricing”, […]
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NEWS 
March 26, 2016 Ola acquires IIT Madras incubated payments startup Qarth to strengthen Ola Money
Ola Launches standalone Ola Money appOla promises ride as soon you step outOla buys minority stake in payment-tech firm ZipCashOla completes two years in Chennai, registers 40% m-o-m growthOla Micro spearheads company’s fight against Uber App-based taxi hailing service Ola has acquired Chennai-based payments solution Qarth Technologies, which was incubated out of IIT Madras, to […]
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NEWS 
March 16, 2016 Uber starts to lease cars to its drivers on the lines of Ola
Photo: Bloomberg Ride-hailing company Uber has started leasing cars to drivers in India, borrowing a page from the play book of its larger rival Ola, as it seeks to expand market share. The leasing programme, aimed at attracting more drivers to its platform, is being tested in select cities such as Delhi, Mumbai and Bangalore, […]
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NEWS 
March 16, 2016 Uber will beat Ola within the next 30 days: Eric Alexander
Uber has grown at almost 40% month-over-month in India, says Alexander. Photo: Hemant Mishra/Mint Eric Alexander, president of business in Asia for Uber Inc. talks about surpassing rival Ola in terms of market share in India, learnings from different global markets and about Uber’s strategy to partner with local companies to perform better locally. Edited […]
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ALL DEALS 
March 12, 2016 Uber turns to Bengaluru’s tech talent to beat Ola
San Francisco-based ride hailing company Uber was forced to develop a mechanism for accepting cash payments from customers in India, given the extremely low penetration of credit cards in the country. Seen as an inconvenience at first, the company has exported the solution to other emerging markets such as Vietnam and Indonesia. To mine the […]
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ALL DEALS 
March 12, 2016 Ola to extend auto service to eight more cities
Even as rival Uber shut its auto-rickshaw service it piloted in Delhi late last year, domestic rival Ola is aggressively expanding its auto service in newer cities. The Bengaluru-based taxi aggregator which is backed by Tiger Global, Softbank and Chinese taxi hailing service Didi Kuaidi is now planning to launch the service in eight more […]
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ALL DEALS 
March 9, 2016 Ola appoints Raghuvesh Sarup as chief marketing officer
One of the so-called unicorn start-ups in India, Ola has closed over $1.3 billion of external funding so far. Photo: Hemant Mishra/Mint Bengaluru: Taxi-hailing service Ola, owned by ANI Technologies Pvt. Ltd, has appointed Raghuvesh Sarup as chief marketing officer (CMO) to strengthen its core leadership team as the company prepares to expand its lead […]
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NEWS 
March 4, 2016 Ola, Uber launch bike taxi services in Bengaluru
Photo: Hemant Mishra/Mint Bengaluru: Ride hailing services Ola and Uber on Thursday announced the launch of their respective bike taxi services in Bengaluru, a move that will mark their presence in almost every possible land commute option. Uber Inc., the world’s most valuable start-up and Ola (ANI Technologies Pvt. Ltd), now offer between themselves an […]
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NEWS 
March 4, 2016 Ola may shut down grocery, food delivery services
Photo: Hemant Mishra/Mint New Delhi/Bengaluru: India’s largest taxi-hailing service Ola, run by ANI Technologies Pvt. Ltd, may shut down its grocery and food delivery services barely a year into launch, as the company slows expansion plans and struggles to build customer demand for the business units. Ola Store, the groceries delivery service, and Ola Cafe, […]
