Ola CEO Bhavish Aggarwal tore papers, punished employees: Report
Ola CEO Bhavish Aggarwal, who aims to be India's answer for ElonMusk with his cheap electric cars, has found himself in the midst of criticism, as a Bloomberg report said that many past and present employees have revealed his abrasive and unsparing behaviour which upset board members and managers.
Ola likely to layoff 200 employees across software teams: Reports
Ola is likely to lay off 200 employees across its software teams, especially those working for the work related to its app, media reports said.
Ola and Uber in talks for a possible merger: Report
Ola and Uber are mulling a merger of their operations in India, media reports said adding that Ola co-founder and CEO Bhavish Aggarwal met Uber's top officials in San Francisco, US.
Ola to invest $500 million to set up Battery Innovation Centre in Bengaluru
Bengaluru: Ola Electric will invest $ 500 million to set up a Battery Innovation Centre in Bengaluru, the company said Monday.
RBI slaps Rs 1.7 cr fine on Ola Financial Services for non-compliance
Mumbai: The Reserve Bank of India (RBI) slapped a Rs 1.67 crore fine on Ola Financial Services Ltd, the financial arm of app-based ride-hailing firm Ola, for non-compliance with its prepaid payment instrument (PPI) and know-your-customer (KYC) guidelines.
IPO-bound Ola raises USD 500 mln loan
Bangalore/IBNS: India's ride hailing company Ola secured a USD 500 million loan from international institutional investors to proliferate mobility across ride hailing, vehicle commerce, delivery with foods, quick commerce and financial services sectors.
Ola begins delivery of electric scooters today
Mumbai/IBNS: After a delay of two months, Ola is set to begin the delivery of its electric scooters from Wednesday, media reports said.
Ola strengthens its leadership team, hires top talent across businesses
New Delhi: Mobility platform Ola has announced key leadership appointments across Ola Financial Services, Ola Cars, and Ola Electric.
Ola IPO is early 2022 to raise $2 billion: Report
Bengaluru/IBNS: Cab hailing company, Ola, is set to launch a public offer in early 2022 with the aim to raise at least $1.5-2 billion at a valuation of $12-14 billion, a report in The Economic Times said.
Ola scooter gets 100,000 reservation in a day
Kolkata: Ola on Saturday announced that its electric scooter received a record breaking 100,000 reservations within the first 24 hours.
Ola Electric opens reservation for Ola Scooter
Mumbai: Ola Electricon Thursday announced opening up reservations for electric scooter.
Ola completes vaccination for over 50% of its employees and their dependents
Kolkata: Ola, a mobility company, on Wednesday announced that it has successfully administered the first dose of vaccinations for over 50 percent of its employees and their dependents.
Ola to donate 10,000 oxygen concentrators across India
Bengaluru/UNI: Mobility platform Ola through a collaboration of its foundation with donation platform GiveIndia will supply 10,000 oxygen concentrators across the country.
Ola Foundation and GiveIndia partner to launch O2ForIndia Initiative
Mumbai: Ola Foundation, the philanthropic arm of Ola, on Monday announced its partnership with GiveIndia to provide consumers with oxygen concentrators for free through the Ola app.
Ola Electric ropes in 35-year auto veteran Yongsung Kim to head Global Sales & Distribution
New Delhi: Ola Electric on Tuesday announced the appointment of Yongsung Kim as Head of Global Sales & Distribution, overseeing India and international markets.