Ola Cabs

• Ola Consumer, previously ANI Technologies Pvt Ltd, has transitioned into a public company, signaling its move towards an IPO.
• The company, which expanded beyond ride-hailing to offer a range of consumer services, received approval f...

• Titan Capital's Winners Fund, backed by Snapdeal co-founders, has closed at around $40 million.
• The fund surpassed its initial target of Rs 200 crore, thanks to additional commitments.
• The capital will be used to support the firm's...

• The Central Consumer Protection Authority (CCPA) has directed Ola Cabs to implement a mechanism allowing consumers to choose their preferred refund method.
• Currently, Ola issues vouchers for refunds, compelling customers to use thei...

• Ola Consumer, formerly Ola Cabs, reported a gross order value of $361 million for Q2 2024.
• The company's mobility division accounted for 77% of the GOV, while financial services contributed the rest.
• Ola completed **110 mil...

• Snapdeal and Titan Capital co-founder, Kunal Bahl, joins Shark Tank India as a shark for the upcoming season.
• This follows reports of Zomato CEO Deepinder Goyal not appearing on the show due to a sponsorship deal with competi...

• Ola's recent Independence Day event 'Sankalp' highlighted its shift from ride-hailing to electric vehicles (EVs) and AI, sidelining Ola Cabs, now renamed Ola Consumer.
• Bhavish Aggarwal's vision positions Ola as a tech infrastructure ...

seven months after taking charge !!

CEO goes out in 4 months. 10% layoffs.