Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...
04 Jun, 2026, 09.11 PM IST
Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
01 Jun, 2026, 07.43 PM IST
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
01 Jun, 2026, 07.27 AM IST
Everyone mocked him for becoming Ola driver after rejecting Rs 25 lakh job offer. Today, his income has the same relatives saying they're 'proud'An MBA graduate turned down a lucrative corporate job offer worth Rs 25 lakh per annum and chose to become an Ola cab driver instead. The d...
31 May, 2026, 03.28 PM IST
Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
27 May, 2026, 08.14 PM IST
Ola Electric secures approval for commercial e-scooter launchOla Electric has received government approval for a new electric scooter designed for commercial use. This move signals Ola Electric's pote...
27 May, 2026, 11.55 AM IST
MBA guy becomes Ola driver, ignores 'padhai barbaad' taunts after quitting Rs 25 LPA job. Now, after 3 years, earns Rs 6.5 lakh monthly from 12-car businessAn MBA graduate’s unconventional career move is sparking debate online after he quit an Rs 25 LPA corporate job due to frustration and lack...
22 Apr, 2026, 12.41 PM IST
ETtech in-depth: Ride-hailing on a rollercoaster ride with sharp twists, turnsIndia's ride-hailing market has seen major changes in the last 12-15 months, with Rapido gaining a 20% share, while BluSmart and Ola lose g...
01 Apr, 2025, 01.38 PM IST
Ola sees FY23 loss narrow by 65% to Rs 1,082 croreOLA FY23 Revenue: ANI Technologies also houses Ola’s subsidiaries including Ola Financial, Ola Fleet and Ola Stores. On a consolidated basi...
10 Jan, 2024, 05.41 PM IST
Ola to sell 5,000 used cars to Dbest cars for Rs 125 croreOla Fleet Technologies leased cars to cab drivers who operated exclusively on the Ola app pre-pandemic, when demand for the service exceede...
24 Jan, 2023, 07.39 PM IST
Mobility firms Ola, Zoomcar may downsize fleet as rides thin outZoomcar owns more than 10,000 cars that customers rent on a self-drive basis. A large portion of their fleets has been unused since the beg...
03 Jul, 2020, 10.51 AM IST
Covid-19: Ola waives car lease rentalsFor drivers, the move is likely to reduce the burden of managing a vehicle, which includes leasing cost and parking, besides offering them ...
25 Mar, 2020, 07.44 AM IST
Ola revenue up 70% to Rs 1,286 cr in FY17The turnover includes revenue from subsidiaries Ola Fleet Technologies, Ola Electric Mobility, Ola Skilling and Zipcash Card Services.
08 Jun, 2018, 08.14 AM IST
Ola pumps in Rs 100 crore into car leasing businessIn 2015, Ola had announced setting up of a captive leasing subsidiary to finance cars to be added to its platform and had announced an inve...
24 Jul, 2017, 12.39 AM IST
Ola appoints Shalabh Seth as CEO of Ola Fleet Technologies"I strongly believe that the leasing model is a major differentiator for Ola and I'm looking forward to working with Bhavish and the team a...
11 Jan, 2017, 11.49 AM IST
Ola applies for taxi licence in New Delhi under the name Ola FleetLast month, Ola got a licence to operate as an “on-demand transportation aggregator” in Bengaluru. Uber’s application was rejected by the g...
01 Aug, 2016, 10.31 AM IST
Ola inks pact with Nissan to lease cars to driver partnersOla today said it has signed an agreement with Nissan Motor India to procure cars for lending them to new drivers.
03 Nov, 2015, 06.22 PM IST