Ola Cabs is an Indian multinational ridesharing company, headquartered in Bangalore.
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20 Facts About Ola Cabs
2.
In January 2018, Ola Cabs extended into its first overseas market, Australia, and launched in New Zealand in September 2018.
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3.
In March 2015, Ola Cabs acquired Bangalore-based taxi service TaxiForSure for approximately 12.
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4.
June 2015 onwards, Ola users gained access to TFS cabs via the Ola mobile application.
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5.
Later in August 2018, Ola Cabs financed Series A funding of the scooter rent startup Vogo, and again in December, invested another $100 million.
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7.
Ola Cabs termed the order unfortunate and was looking at working with driving partners to continue functioning.
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8.
Apart from the ride-hailing business Ola Cabs, the holding company ANI Technologies operates Ola Fleet, Ola Financial Services, and Ola Foods.
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9.
Ola Cabs offers different levels of service, ranging from economic to luxury travel.
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10.
Ola Cabs has faced legal troubles in many states where operating bike taxis is illegal.
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11.
In January 2015, Ola acquired radio taxi company GCabs for an undisclosed amount and renamed it as Ola Fleet Technologies.
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12.
Ola Cabs entered food delivery segment in March 2015 under the name Ola Cabs Cafe, but stopped the services in March 2016.
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13.
Ola Cabs announced that it would infuse up to $200 million in the food delivery unit.
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14.
In July 2015, Ola Cabs launched Ola Cabs Store, a grocery delivery service in Bangalore, before shutting it down in March 2016.
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15.
In November 2021, Ola Cabs Store returned with quick delivery of grocery and essentials, starting with a pilot launch in Bangalore.
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16.
Ola Cabs' technology came under criticism regarding the security of its mobile app.
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17.
Refund policy of Ola Cabs has been criticised because of charging errors caused by technical glitches in their system.
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18.
Surge pricing has been an issue with customers, as Ola Cabs is said to initially eliminate competition by lowering prices, and then hiking up prices through what it calls surge pricing.
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19.
Ola Cabs was careful not to use the word jobs for these opportunities.
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20.
Ola Cabs added that it was not just about jobs but creating an ecosystem.
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