Ola Cabs
ओला कैब्स
Ola Cabs is India's largest ride-hailing platform, founded in 2010 by Bhavish Aggarwal and Ankit Bhati. Operating across India with over 2 million drivers and serving millions of daily rides, valued at over $5 billion.
Key facts
- Founded 2010 by Bhavish Aggarwal and Ankit Bhati
- Headquarters: Bangalore, India
- India's largest ride-hailing platform
- Over 2 million drivers across 250+ cities
- Valued at $5+ billion (unicorn status)
- Expanded to financial services and electric vehicles
Details
Ola Cabs is India's largest ride-hailing platform, transforming urban mobility through its app-based taxi service. Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Ola revolutionized India's transportation sector by providing affordable, reliable, and technology-driven mobility solutions. The platform operates across over 250 cities with millions of daily rides connecting drivers and passengers.
Ola has diversified beyond ride-hailing into financial services through Ola Financial Services, offering insurance and lending products. The company launched Ola Electric in 2021, manufacturing electric scooters and expanding into electric vehicles. Ola has also partnered with various sectors to provide payment services and mobility solutions. The company raised significant funding from prominent investors including SoftBank Vision Fund, making it one of India's most valuable startups.
With over 2 million drivers and presence across 250+ cities, Ola serves millions of daily commuters and has become integral to urban mobility in India. The company is focused on sustainable mobility, electric vehicle adoption, and financial inclusion. Ola's expansion into electric scooters, financial services, and commitment to reducing carbon emissions position it as a leader in India's mobility transformation and the broader startup ecosystem driving innovation in transportation and financial services.