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Ola company logo


Founded Year



Series K - III | Alive

Total Raised


Last Raised

$20M | 9 mos ago



About Ola

Ola runs a marketplace for cabs and car rental services under the brand Ola. The company was founded in 2011 and is based in Bengaluru, India.

Headquarters Location

Regent Insignia, #414, 3rd Floor, 4th Block 17th Main, 100 Feet Road, Koramangala

Bengaluru, 560 034,



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Research containing Ola

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Ola in 4 CB Insights research briefs, most recently on Oct 13, 2022.

Expert Collections containing Ola

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ola is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.


Unicorns- Billion Dollar Startups

1,201 items



560 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

Latest Ola News

Insights on the Reverse Mode Two Wheeler Global Market to 2027 - Two Wheeler EV Demands Supports Market Growth

Nov 18, 2022

News provided by Share this article Share this article The Global reverse mode two wheeler market value is anticipated to grow with an impressive CAGR during the forecast years on the backbone of evolving technological advancements in the two wheelers. Rising investment by the market players in the advancement of the electric two wheelers further drive the growth of the global reverse mode two wheeler market in the upcoming five years. Growing sales of electric two wheelers and rapid adaptations of technology in the same further supports the growth of the global reverse mode two wheeler market in the next five years. Government's inclination toward electric vehicles and the rising concern toward degrading environment supports the growing demand for the electric two-wheelers and thus the growth of the global reverse mode two wheeler market in the future five years. Two Wheeler EV Demands Supports Market Growth Surge in the demands for the two wheeler electric automotives actively drives the growth of the global reverse mode two wheeler market in the upcoming five years. Higher adoptions of the technologies in the electric automotives also facilitates the market growth. In the year 2021, 11.59 million electric two wheelers were sold worldwide. The demands are further increasing due to consumer's higher purchase capacity. Although the advanced technology of the reverse mode in the two wheelers are currently restricted to the premium two wheelers only and the electric two wheelers are available for the consumer. Rising disposable income among the population allows them to further invest into purchasing premium vehicles that adds to the growth of the global reverse mode two wheeler market in the future five years. Technological Advancement In Two Wheelers Automotive industry thrives consistently over technological advancements. The population is usually highly intrigued by the technological advances that the market players continue to provide that supports the market growth at large. The industrial value of the electric two wheelers have grown in the past years where the market value was USD13.70 Billion in the year 2021, that is also anticipated to grow with a cumulative annual growth rate of 14.08% for further five years. This growth is highly dependent on the consistent technology evolution. With reverse mode in the two wheeler, incorporation of internet of things in the vehicles along with artificial intelligence guiding the rider with fluent driving and apt riding would also aid to the growth of the global reverse mode two wheeler market in the upcoming five years. Market Segmentation The global reverse mode two wheeler market segmentation is based on vehicle type, propulsion, distribution channel, regional distribution, and competitive landscape. Based on vehicle type, the market is differentiated between scooter/ moped and motorcycle. By propulsion, the market is further segmented into conventional and electric. Based on distribution channel, the market is fragmented into offline and online. The market analysis also studies the regional segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region. Company Profile Damon Motors Inc., BMW AG, Ather Energy, ANI Technologies Private Limited, Bajaj Auto Limited, Okinawa Autotech Pvt. Ltd., are enlisted in a partial list of major market players of the global reverse mode two wheeler market. Key Topics Covered:

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Ola Frequently Asked Questions (FAQ)

  • When was Ola founded?

    Ola was founded in 2011.

  • Where is Ola's headquarters?

    Ola's headquarters is located at Regent Insignia, #414, 3rd Floor, 4th Block, Bengaluru.

  • What is Ola's latest funding round?

    Ola's latest funding round is Series K - III.

  • How much did Ola raise?

    Ola raised a total of $5.028B.

  • Who are the investors of Ola?

    Investors of Ola include Axis Asset Management, Arrow Capital, Edelweiss Financial Services, IIFL Wealth Management, Brijesh Kumar Agrawal and 55 more.

  • Who are Ola's competitors?

    Competitors of Ola include Zoomcar, Meru Cab Company, Gett, Revv, Uber and 7 more.

Compare Ola to Competitors

Tiantian Yongche

Tiantian Yongche (Ttyongche) is a Beijing-based carpool mobile app maker. Its apps help office workers find carpool partners via a bidding process. It currently facilitates an average orders of 5,000 per day.

ingogo Logo

ingogo provides a mobile app that automatically locates and pings all the nearby taxi drivers with job requests.

Turo Logo

Turo is a peer-to-peer car sharing marketplace for people to book cars from a community of local hosts across the US, Canada, the UK, and Germany. Guests can choose from a selection of nearby cars, while hosts earn extra money to offset the costs of car ownership. Turo was founded in 2010 and is based in San Francisco, California.

Kabbee Logo

Kabbee is a minicab price comparison and booking service for Greater London. With thousands of quality minicabs from local providers, users have quick access to a choice of good value and safe minicabs in London. Users can pay by cash and card or can set up a prepaid account.

Cabify Logo

Cabify is a company that connects private users and companies with a means of transportation that best suit their needs. It develops a transportation solution allowing taxi customers to select their location and vehicle type for on-demand pick-up. Cabify provides hassle-free payments with digital payments via credit cards and PayPal, and electronic receipts are emailed at the end of each journey. Cabify was founded in 2011 and is based in Madrid, Spain.


RideCharge, formerly TaxiMagic, dba Curb, connects users to safe, reliable rides from professional drivers. Download Curb for iPhone or Android to request a ride with the tap of a button, track a driver's arrival and pay fares seamlessly.

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