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OLA FINANCIAL SERVICES PRIVATE LIMITED

Ola Money

U22219KA2007PTC127705

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Mar 12, 2025
Key Metrics
  • No. of Employees Undisclosed
  • Founded Year 2007
  • Company StagePrivate Limited Company
  • Total Funding₹411.14 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Ola Money
OlaMoney is your gateway to a cashless world. OlaMoney powered by Zipcash is a pre-paid instrument issued by Zipcash in co-branding with Ola, as per RBI guidelines. You can use OlaMoney to pay for everything starting from your cab fares, mobile bills, DTH recharges, electricity & gas bills and for online shopping.
Business Model

Ola Money is a digital wallet service launched by ride-hailing platform Ola. It allows users to make online payments for various services, add money using different payment options, and has expanded into other areas such as micro-insurance and personal loans. Ola Money also has partnerships with several banks and financial institutions in India to offer a range of financial products and services.

Top Competitors
PH
PhonepeU67190MH2012PTC337657
GO
GooglepayU72200KA2007PTC041477
PA
PaytmL72200DL2000PLC108985
Ola Money Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹411.14 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Matrix Partners India
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Ola Money Financial Details
Financial Highlights
FY 2023-24 Revenue₹265.39 Cr
FY 2023-24 Expenses₹178.3 Cr
FY 2023-24 Profit/Loss₹91.19 Cr
Net Cash Flow From Operations₹231.07 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Ola Money Key People
People Metrics
Current Core Team1
Board Members/Directors6

Core Team

BA
Bhavish AggarwalFounder & CEO

Board Members/Directors

KV
Krishnamurthy Venugopala TennetiDirector
AS
Arun SarinDirector
HK
Hemant KaulDirector
BA
Bhavish AggarwalDirector
AA
Ankush AggarwalDirector
GR
Guggilam Rajagopalan Arun KumarDirector
Ola Money Documents

AY - 2018-19

Profit and Loss statement - Ola Money - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Money for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Ola Money - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Money for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Ola Money - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Money for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Ola Money - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Money for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Ola Money - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Money for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Ola Money - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Money for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Ola Money - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Money for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Ola Money - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Money for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Ola Money - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Money for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Ola Money - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Money for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Ola Money - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Ola Money for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Ola Money - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Ola Money for FY 2023-24
₹249.00 ₹498.00

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