Ola

Ola Electric Reports Strong FY25 Sales but Trails Bajaj and TVS

Ola Electric registered 3,44,005 electric scooters in the fiscal year 2025.

📄Company Profiles

Ola Success Story: How Ola Became India's Leading Cab Aggregator

Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Ola needs no introduction. The first Indian cab aggregator company, Ola has made availing of cab services a smooth experience. Owned by ANI Technologies Pvt. Ltd. and formerly known as OlaCabs, Ola was launched

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List of 118 Unicorn Startups in India and Counting | 2025 Updated

India is becoming the world's fastest-growing startup ecosystem with 118 Unicorn Startups, as of January 2025. In today's world, unicorn startups are not as uncommon as before; however, building a unicorn startup is not easy. It takes a lot of hard work, commitment, and perseverance throughout

Sebi Approves IPOs for Schloss Bangalore, Ather Energy, and Four Other Companies

Sebi has approved six companies' plans to go public, including Oswal Pumps, EV player Ather Energy, and Schloss Bangalore. An update with the markets regulator revealed on December 30 that the six businesses submitted their draft initial public offerings (IPO) documents to Sebi between September 10 and 23 and

With the Expansion of its Tier-3 Town EV Network, Ola Reaches a Milestone of 4,000 Stores

Ola Electric announced on 26 December that it now has 4,000 stores nationwide, a four-fold increase from the 800 stores that were previously disclosed on December 2 of this month. In less than a month, the firm reported adding 3,200 additional stores to its current network.  The corporation

Bhavish Aggarwal, CEO, Ola, Expresses his frustration with the Staff's Inadequate Attendance

Ola CEO Bhavish Aggarwal is said to have threatened employees with severe repercussions if they fail to report for duty amid rumours that the company is laying off about 500 workers. Aggarwal brought attention to the problem of low office attendance and urged staff members to put their work obligations

Ola Wants to Grow its Food and Beverage Division on ONDC

The popular ride-hailing service Ola plans to soon extend its food and beverage (F&B) vertical throughout India via the Open Network for Digital Commerce (ONDC). Ola is one of the top two platforms on ONDC that creates significant demand in the F&B market, according to Thampy

Gig Workers' Union in Telangana Wants a Government-Run Ride-Hailing Service

To offer an alternative to commercial platforms, the Telangana Gig and Platform Workers Union (TGPWU) has demanded the creation of a government-run ride-hailing app. Additionally, it called on the government to establish a Welfare Board to provide equitable salaries, social security benefits, and open fare regulation, as well as to

October Saw an 85% Increase in Sales of Electric 2W to 139,000 Units, With TVS Overtaking Bajaj and Ola Regaining

E-two-wheeler retail sales reached their second-best monthly performance, only missing March's 140,333 units, thanks to festive season demand and alluring OEM discounts. While Ola has recovered to levels above 41,000, TVS and Bajaj are still engaged in a fierce war. This segment all set to reach

Former Ola CBO Sidharth Shakdher Becomes CMO and Business Head at Paytm

According to reports, Sidharth Shakdher has been named the new Chief Marketing Officer (CMO) and Business Head of Paytm, a fintech company. Within nine months of joining the company run by Bhavish Aggarwal, Shakdher left Ola. Among other accomplishments, he was instrumental in the establishment of the consumer loans section,

Customers' Advocacy Group CCPA Mandates Ola to Provide Refund Options

On October 13, 2024, the Central Consumer Protection Authority (CCPA) announced that Ola, a ride-hailing company, has been ordered to make improvements that will benefit customers. These modifications include giving refund alternatives and giving receipts for auto rides. Chief Commissioner Nidhi Khare of the CCPA noted that Ola's

Krutrim to Release AI Chips by 2026

On Thursday, Ola co-founder and CEO Bhavish Aggarwal stated that India must establish its future on its own terms in order to dominate the technologies of the future, specifically mentioning artificial intelligence (AI). At a press conference in Hosur, where new products were unveiled by Ola's electric vehicle,

With an Initial Public Offering (IPO) Scheduled for August, Ola Electric Hopes to Raise $740 Million

Ola Electric, headed by Bhavish Aggarwal, is speculated to conduct its highly anticipated initial public offering (IPO) as soon as the first two weeks of August. An Indian electric two-wheeler supported by Japanese investor Softbank is reportedly aiming to raise $740 million through a mix of a new offering and

🔍Insights

OLA Electric Powers On for Historic Indian EV IPO

In a groundbreaking move, OLA Electric, the renowned electric vehicle (EV) manufacturer, is gearing up for its much-anticipated Initial Public Offering (IPO). This milestone event is poised to make history, representing the first IPO by an automaker in India in over two decades. The last instance dates back to 2003

📖 Learning

Understanding the On-Demand Business Model With Its Application to Sell Customized Products/Services

As said, “Success is not final and failure is not fatal”, Businesses nowadays have grown exponentially. Business organizations and their players ought to play by the rules while being ferocious at times whenever required. The willingness to take extraordinary chances assists them in achieving more than those who play safe.

📖 Learning

Bounce vs Ola Electric Scooter: Who Will Win the War?

The world is evolving at a fast pace, right from climate change to pollution and everything in between — things are moving fast towards a more sustainable and economical future that is built upon the grounds of frugal innovation and so is India's push towards sustainable use of resources

📖 Learning

Why Do Startups With the Highest Valuations Make the Least Profit?

Just because of valuation, startups often take the limelight as unicorns even when they are losing hefty amounts of money. This may seem strange, but older businesses are not regarded as strongly as startups, and in most cases, these existing businesses are valued well below their genuine value. Every day,

📖 Learning

How Rapido Is Rapidly Beating Ola and Uber in India?

India’s mobility tech sector, while unorganised, has seen unprecedented growth in the last decade. This is largely due to inadequate public transport infrastructure and an increasing demand for convenience and affordability. In the coming years, the shared mobility sector is set to witness greater democratisation and reach nearly 15

📄Company Profiles

Everything You Need To Know About Ola Electric Scooters

Ola is a Bengaluru-based ride-sharing company that only a few people are ignorant of. Ever since Ola cabs became operational in all the major cities throughout India, it has become our go-to option. Along with the US-based Uber, Ola is one of the most dominating ride-sharing companies that offers the

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Best Startups of the Decade 2010-2020

The mindset of the people has changed from, over the decade, as now people want to be the boss of their own and don't want to restrict themselves in the walls of 9-to-5 jobs. This decade brought a hit of entrepreneurs and their startups with amazing ideas and

🔍Insights

How to Start a Cab Business With Uber & Ola in 2022?

Knowing your potential is not enough unless you act on it. You have always known you could be an entrepreneur but hesitated, doubted your capabilities?. Do not, because India has entered the age of free enterprise, private businesses if you have not already noticed. World Bank has predicted 11+% GDP

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Top 7 Alternatives to Ola Electric Scooters in 2022

You must have already heard about Ola Electric scooters, popularly dubbed as “A revolution on two wheels”? They are the reason for the popularity of #JoinTheRevolution. Promising exceptional acceleration, remarkable handling, and strikingly large boot space, Ola’s electric vehicles can be charged anytime, anywhere and will eventually have the

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Mumbai Based Startups | Entrepreneurs & Startups in Mumbai [Exhaustive List 2021]

Mumbai is the financial hub of India and among the wealthiest city globally. Headquarters of most financial institutions like the Bombay Stock Exchange, RBI, National Stock Exchange, and the Mint are located in Mumbai. Even the HQs the giant business groups like Tata Group, Aditya Birla Group, Essel Group, and

👨‍💻StartupTalkers

Ankit Bhati: Co-founder at Ola | Biography

Ankit Bhati is the Co-founder and Chief Technology Officer (CTO) of Ola Cabs. He founded Ola with his companion Bhavish Aggarwal in 2010. He is also the Co-founder of ANI Technologies. Speculations arose that Ankit Bhati distanced himself from the ridesharing company last year owing to some serious conflicts between