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OLA RENTALS
Ola Electric Q4 Results: Net loss contracts 42% YoY to Rs 500 crore, revenue tanks 57%Ola Electric Q4 Results: Pure-play electric two-wheeler maker Ola Electric Mobility reported a consolidated net loss of Rs 500 crore for th...- Ola launches premium, no-cancellation cab service Prime PlusThe service will initially be available for select customers in Bengaluru starting Sunday.
- Autos and cab rentals rev up ride-hailing appsThe recovery in these niche categories has however been hyperlocal with Delhi-NCR, Mumbai, and Kolkata performing better than Bengaluru and...
- 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 ...
- Coronavirus: Ola, Uber suspend shared rides temporarilyRide hailing companies like Ola and Uber have announced temporary measures to prevent the spread of coronavirus and protect customers and i...
- Ola and Uber look beyond cab hailing to drive growthBoth mobility platforms are expected to bank on bike taxis and rentals to shore up ride numbers.
- Scooter rentals give new spin to asset-light modelThree companies — Vogo, Drivezy and Bounce — control 81% of India’s on-demand vehicle rental market.
- Hail no more! Ola, Uber’s ride growth slows to a crawlNumber of daily rides was up by just 4% in past 6 months. That means more wait time and higher fares.
- Ola to launch self-drive service, to invest $500 millionOla to deploy nearly 10,000 cars, including luxury sedans and SUVs, in major cities in the coming months.
- Ola raises $300 m from Kia, Hyundai to build EVsFor Hyundai and its affiliate Kia, this is their second bet on the ride-hailing segment globally after backing Singapore-based Grab last ye...
- Hyundai may book a $300-m ride in OlaThis could be Hyundai’s second investment in the Indian startup ecosystem if it comes to fruition.
- Ola to offer in-trip insurance to ridersOla has partnered with Acko General Insurance and ICICI Lombard General Insurance to launch the program across over 110 cities in the count...
- Ola, other startups may take the bicycle lane to an untapped segmentWhile the present set of Ola bicycles at IIT-Kanpur do not have sophisticated security features, the next lot is expected to have QR codes ...
- Ola ties up with YuppTV, users can now watch live television during their rideWe are bringing a range of TV channels to Ola Play, including live news channels that are accessible on-the-go," said Ankit Jain, the head ...
- Ola expects Rentals to grow 4x through Ola Play offering"Ola Play and Rentals together will provide a highly personalised, context-aware ride experience, as customers move from one point to anoth...
- Ola launches intra-city rental service with hourly packagesOla Rentals is available in 35 cities and will soon be rolled out in 100 cities across India, the company said.
- Ola recorded loss of Rs 796 crore for FY15 as it spent heavily to maintain market leadOla, which in fiscal 2015 was competing with two major rivals — Uber and TaxiForSure — spent Rs 920 crore on fleet operation costs.
- Ola expands into two new categories - outstation and rentalExperts say Ola has changed its strategy from focusing on a horizontal expansion model and the move will help it reach its mission to reduc...
- Self-drive rental business startups like MiCar, Voler may overtake taxi-booking appsIn the last one year, more than 10 startups have sprung up in the space — MiCar, Selfdrive.in, Voler, RentoMojo, Revv, Justride and others
- TaxiForSure launches Chennai operationsBangalore-based Serendipity Infolabs that runs online taxi rental company TaxiForSure has launched its operations in Chennai.
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