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    Ola

    Ola was founded in December 2010 by Bhavish Aggarwal and Ankit Bhati with a mission to build mobility for a billion people. Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs. Apart from the ride-hailing business Ola Cabs, the holding company ANI Technologies also operates four subsidiaries: Ola Fleet, Ola Financial Services, Ola Foods and Ola Cars. As of September 2019, it also owns a 6% stake in the electric scooter manufacturing company Ola Electric. The company in 2021 also launched its new and pre-owned car marketplace called Ola Cars in 30 cities. Apart from this, Ola Electric's much-anticipated electric scooter, S1, was also finally launched on August 15, coinciding with India's Independence Day, a larger message that its founder Bhavish Aggarwal wants to drive home on building in India for the world. The ride hailing world has always been criticized for overcharging and lack of transparency. The fact that the same ride can cost different amounts depending on the time, day and the profiles, history and rating of the driver as well as passenger has also incurred much customer wrath. Meanwhile, the company Ola also plans to go public in the first half of 2022, Chief Executive Officer Bhavish Aggarwal had said on December 2. More

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    • LPG price hikes worry ride-hailing drivers; unions warn of supply disruption, income hit

      Global energy disruptions following the February 28 strikes on Iran raise concerns among gig workers dependent on LPG and CNG vehicles.

    • Karnataka notifies 1% welfare fee on gig worker payouts, caps levy per transaction across sectors

      Ride-hailing, food delivery, logistics and e-marketplace platforms to remit quarterly levy under Gig Workers Act, 2025

    • "Ola Electric’s competitive position low but not a concern,” says founder Bhavish Aggarwal

      Aggarwal also said capex cycle is largely over and focus now shifts to profitability and service stabilisation after weak Q3

    • Govt-backed Bharat Taxi unlikely to pose immediate threat to Rapido, Uber, but may keep aggregators in check

      Union Home and Cooperation Minister Amit Shah on February 5 launched Bharat Taxi, India’s first cooperative-led ride-hailing platform, after a two-month pilot in Delhi and Gujarat

    • Ola, Uber, Rapido drivers to go on nationwide strike on February 7; ride services likely disrupted

      Ola, Uber and Rapido drivers will go on a nationwide strike on February 7, dubbed the ‘All India Breakdown’, with ride-hailing services likely to be disrupted for several hours across major cities.

    • Delhi opens door for private EV shared taxis; Ola, Uber plan to rollout services within month

      These services will also include taxis driven by women, as part of a push to make urban transport more inclusive and safer

    • Uber forays into B2B logistics with ‘Uber Direct’ in partnership with ONDC

      The service will allow businesses on ONDC to plug into Uber’s delivery network, starting with grocery deliveries for Zepto and KPN Farm Fresh. Over time, it will expand to restaurants, additional cities and formats.

    • From Bharat Taxi to state-run mobility apps, Namma Yatri piggybacks on govt platforms

      Moving Tech Innovations, the company behind Namma Yatri, is tapping central and state government partnerships to scale nationally as zero-commission rivals challenge its first-mover advantage.

    • Ola pauses food delivery business, pulls Foods from app

      Over the past two years, Ola has wound down or shrunk several experiments outside its mobility business, including used cars and quick commerce pilots Ola Cars and Ola Dash

    • Bengaluru app compares Ola, Uber, Rapido fares for cheapest ride: ‘Got Rs 2 crore grant from Microsoft'

      'If Rapido charges Rs 250, Uber Rs 271, and Ola Rs 264, Bob Rides shows all options clearly so users can click, compare, and book,' Bob Rides co-founder Ansh Arora explained.

    • TVS Motor leads September electric two-wheeler sales, Ather breaks into top 3

      As many as 96,031 electric two-wheelers were sold in September, with TVS leading with a 21.9 percent market share.

    • Ola, Uber, Rapido get provisional licences for bike taxi services in Mumbai

      The STA rejected Smart-Ride's application for failing to meet the necessary terms and conditions for operating a bike taxi service.

    • Bhavish Aggarwal-led Ola Electric files Rs 400-crore PLI claim for FY25

      Backed by Rs 3,000 crore in 'eligible sales', Ola Electric is expected a liquidity boost through PLI payout

    • Uber pilots in-app AI task program for drivers in India

      The initiative is part of Uber AI Solutions, the company’s global unit that supports work in areas ranging from training self-driving cars and augmented reality systems to assisting generative AI projects.

    • GST ambiguity casts a shadow on the ride-hailing industry

      India’s ride-hailing sector faces regulatory uncertainty due to conflicting GST interpretations, disrupting innovation, funding, and compliance. A clear, consistent tax framework is essential to ensure fairness, transparency, and growth

    • Apple’s Bengaluru expansion, Ola’s EV mojo, Swiggy splits finance function, Nasscom flags concerns on new RBI rules | MC Tech3

      In today’s episode of Tech3 by Moneycontrol, Apple doubles down on India with a massive office lease and a new retail store in Bengaluru. Ola Electric’s Bhavish Aggarwal says the company’s mojo is returning with homegrown cells and ferrite motors. Swiggy splits its finance function between food delivery and Instamart. Nasscom raises red flags on RBI’s draft forex compliance rules. And Agentic AI is helping India’s GCCs cut pilot timelines from months to just 90 days.

    • Lithium ion Cells, rare earth free motors: Bhavish Aggarwal's make in India plans for Ola Electric

      Founder and CEO Bhavish Aggarwal is convinced that success in the electric vehicle (EV) sector hinges on a technology-driven, vertically integrated approach, much like Elon Musk’s Tesla and China’s BYD. In response to the increasing complexities of global supply chains exacerbated by geopolitics, Ola Electric is manufacturing everything in-house—from battery cells and rare earth-free motors to scooters themselves. The Ola Gigafactory in Krishnagiri boasts a production capacity of 5GWh, capable of producing between 1 lakh and 2 lakh cells daily, with around 40 cells required for each scooter. During the visit, Aggarwal guided Moneycontrol’s Chandra R Srikanth through the intricate cell manufacturing process, while candidly addressing questions on market share, user feedback, competitive dynamics and lessons drawn from the public markets.

    • I don't regret taking Ola Electric public, says founder Bhavish Aggarwal on market feedback since IPO

      'The best companies in the world are always built in public markets... the rigour comes in from public market scrutiny,' Aggarwal tells Moneycontrol

    • Zepto revamps app, drops 'dark patterns' amid regulatory pressure

      The changes include auto-application of free delivery and upfront disclosure of all charges in line with practices adopted by rivals such as Blinkit

    • Now you can compare prices of Uber, Ola, Blinkit, Swiggy and more using just one app: Here’s how it works

      Compare real-time prices of cabs and groceries across Uber, Ola, Blinkit, Zepto, and more using one simple Android app called Comparify.

    • Drivers' insurance on ride-hailing platforms falls short in implementation

      Despite the legal requirement, many drivers remain unaware of such coverage, and even those who are aware often lack access to formal policy documents or clear instructions on how to make a claim, say experts.

    • Motor vehicle aggregator guidelines cap surge pricing, penalise cancellation by drivers, riders

      The Motor Vehicle Aggregator Guidelines, 2025, mandate 80% fare to drivers. From fare caps to stricter driver checks, here’s how MVAG 2025 will reshape the ride-hailing game.

    • Ola, Uber, Rapido rides set to get expensive during peak hours as Centre revises rules

      The move is likely to hike the cost of travel at a time when some states are enforcing a strict fuel ban on old vehicles, adding to anxiety over rising cost pressures

    • Driver fee, pickup fee, congestion fee: Bengaluru ride-hailing users hit hard by add-on charges

      Karnataka transport secretary NV Prasad told Moneycontrol that the government has received complaints of fare hikes by app-based autos after the bike-taxi ban and will take strict action.

    • Gainers & Losers: 10 stocks that moved the most on June 23

      About 1,794 shares advanced, 2,113 shares declined, and 175 shares were unchanged.

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