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16 Dec 2021

IPO-bound Ola raises $500 million to accelerate future mobility

The proposed loan issuance received a staggering response from investors with interest and commitment of approximately $1.5 billion. Ola is expected to utilise the term loan to fuel its vision for the future of mobility. Ola recently reported standalone operating profit.

07 Oct 2021

Ola unveils 'Ola Cars' for vehicle buying, here's how new platform will work

Ola Cars will offer a bouquet of services to customers, beginning with purchase, vehicle finance and insurance, registration, maintenance. Ola Cars will compete with players like Droom, CarDekho and Cars24, among others. Arun Sirdeshmukh will oversee the entire sales and distribution, service, marketing, customer support, and go-to-market strategy for the business.

04 Sep 2021

Ola unveils used cars marketplace Ola Cars. Details here

Ola Cars will help users in buying and selling second hand cars on their platform. Ola Cars will compete with the likes of CarDekho, Cars24, CarTrade, Droom, and Spinny which are already there in this segment for quite some time. Ola Electric had recently launched escooters S1 and the S1 Pro, at a price of Rs 99,999 and Rs 1,29,999, respectively.

07 Nov 2017

Ola partners with Microsoft for connected vehicle platform

Ola will use Microsoft AI and IoT to enhance driver experiences with telematics and navigation guidance.

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