Ola

Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Ola is a ride-hailing and mobility service company. Headquartered in Bengaluru, it serves over 250 cities across India, Australia, New Zealand, and the UK.

It ventured into its first overseas market in Australia in January 2018, followed by New Zealand in September, and then the UK in 2019.

The Ola mobile application allows users to sign up using their mobile numbers, set up their accounts and access all its features, which include, booking rides, buying their electric vehicle products, and insurance.

In 2019, the company launched Ola Bike, which offers bike taxi services for short-distance travelling. And in 2020, it launched Ola Fleet which caters to corporate travel and employee transportation.

The company has raised $5 billion in funding across 29 rounds. Its investors include SoftBank, Steadview Capital, and Temasek Holdings, among others.

In 2017, Aggarwal launched Ola Electric, which unveiled its first electric scooter Ola S1 in August 2021, soon after the announcement of its construction of the world's largest electric scooter manufacturing plant in Tamil Nadu, India.