OLA cars

Tamil Nadu government today announced that electric vehicle maker Ola Electric would invest $920 million in the state to manufacture electric cars and batteries.The state government has signed an MoU with the company for the production of…

Shared mobility major Ola has shut its used car division Ola Cars within eight months of its commencement, as it sharpens its focus on its electric vehicle and mobility business. The ride-hailing major has also shut Ola Dash, its last-mile…

Dinesh Radhakrishnan, who handled critical engineering functions across both Ola Electric and Ola Cabs, has quit. According to two top sources, he quit last week - which also saw another high profile exit with Arun Sirdeshmukh, CEO of Ola…

Delhivery, which originally planned to launch a Rs 7,460-crore IPO in March, will now settle for a Rs 5,235-crore IPO in May, thanks to choppy markets worldwide. The company has fixed the price band for the offering, which opens for…

Bengaluru: Ola Cars CEO Arun Sirdeshmukh has resigned, multiple people aware of the matter told ET. Sirdeshmukh's exit comes soon after the company’s chief financial officer (CFO) GR Arun Kumar took up a wider role in the ride-hailing firm.…

New Delhi: IPO-bound Ola is looking to expand its financial services business and also obtain an NBFC licence through the acquisition route, sources said. Ola is said to be in talks to acquire at least 3 companies to augment its…

New Delhi: Ride-hailing platform Ola has started piloting a quick delivery service for items like grocery, personal care and pet care products in Bengaluru, making a foray into the quick commerce sector, according to sources. The sources…

The vehicle commerce platform of the ride-hailing company - will hire 10,000 people as it eyes a market leadership position with USD 2 billion GMV (gross merchandise value) over the next 12 months. Earlier this month, the Bengaluru-based…

Amaan AhmedOct 21, 2021 14:28:40 ISTUnless you’ve been fortunate enough to afford a digital detox in an era when screen times are rising as rapidly as fuel prices in India, chances are you’ve seen and heard plenty about Ola Electric. And if…

Riding on the change that e-commerce is bringing to the auto sector, Ola, homegrown ride hailing service is venturing into automotive e-commerce. Ola announced its automobile marketplace Ola Cars on October 7. In a statement, the company…