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India’s Ola spins out a dedicated EV business — and it just raised $56M from investors

India’s Ola spins out a dedicated EV business — and it just raised M from investors Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and […]

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Ola, Uber’s India rival, invests $100M in scooter rental startup Vogo

Ola, Uber’s India rival, invests 0M in scooter rental startup Vogo We’re familiar with Uber cozying up to scooter startups — it has bought one and invested in another — but over in India, the U.S. firm’s key rival is hatching a major alliance of its own it invested $100 million in […]

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India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 and it covers over […]

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Uber’s Indian rival Ola is aiming for an IPO in 3-4 years

Uber’s Indian rival Ola is aiming for an IPO in 3-4 years Ola, Uber’s chief rival in India, is planning to go public potentially as soon as in three years time, according to its CEO. Co-founder and chief executive officer Bhavish Aggarwal told the audience at an event in Bengaluru last week that seven-year-old […]

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