Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, and operates in 250+ Indian cities. A variety of venture capitalists including Softbank have large stakes in the company. In January 2018, Ola extended into its first overseas market, Australia, and launched in New Zealand in September 2018. In March 2019, Ola began its operations in the UK. In April 2024, the company announced that it is exiting all of its international markets to focus on the Indian market. In August 2024, the company rebranded itself to Ola Consumer.
Ola has received investment from 7 venture capital firms.
Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens.
Ola has received investment from DST Global, Matrix Partners India, Peak XV Partners, SBI Investment, Sequoia Capital India/SEA and 2 other investors. These venture capital firms and investors provide both capital and strategic support.
Ola operates in the Consumer sector. Ola Consumer, formerly Ola Cabs, is an Indian transportation company that provides ride-hailing services and operates other business verticals such as financial services and cloud kitchens.
