Key Metrics
  • No. of Employees19219
  • Founded Year 2010
  • Company StagePrivate Limited Company
  • Total Funding₹29,765.78 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Ola
Ola is India’s largest mobility platform and one of the world’s largest ride-hailing companies, serving 250+ cities across India, Australia, New Zealand, and the UK. The Ola app offers mobility solutions by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs, enabling convenience and transparency for hundreds of millions of consumers and over 1.5 million driver-partners. Ola’s core mobility offering in India is supplemented by its electric-vehicle arm, Ola Electric; India’s largest fleet management business, Ola Fleet Technologies and Ola Skilling, that aims to enable millions of livelihood opportunities for India's youth. With its acquisition of Ridlr, India’s leading public transportation app and investment in Vogo, a dockless scooter sharing solution, Ola is looking to build mobility for the next billion Indians. Ola also extends its consumer offerings like micro-insurance and credit led payments through Ola Financial Services and a range of owned food brands through India’s largest network of kitchens under its Food business.
Business Model

Ola is India's largest homegrown cab aggregator. It has served over 1 billion rides across 250+ cities, empowered over 1.5 million driver partners, and has over 7000+ employees. Ola has various businesses including ride-hailing, vehicle commerce, delivery foods, quick commerce, and financial services.

Top Competitors
UB
UberU74120MH2013FTC247008
BL
BlusmartU74999GJ2018PTC104895
RA
RapidoU60100TG2015PTC097115
Ola Funding Details
Funding Highlights
Latest Funding RoundSeries J
Total Funding Raised₹29,765.78 Cr
No. of Investments Made5
Total No. of Acquisitions10
Lead Investors7
Investors
  • Temasek, Warburg Pincus, SoftBank, Tiger Global, Steadview Capital, Alpha Wave Global, DST Global
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
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
Ola Financial Details
Financial Highlights
FY 2023-24 Revenue₹2,203.53 Cr
FY 2023-24 Expenses₹2,106.75 Cr
FY 2023-24 Profit/Loss-₹328.49 Cr
Net Cash Flow From Operations₹225.95 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 Key People
People Metrics
Current Core Team2
Board Members/Directors6

Core Team

BA
Bhavish AggarwalFounder & CEO
GR
GUGGILAM RAJAGOPALAN ARUN KUMARCFO

Board Members/Directors

KV
Krishnamurthy Venugopala TennetiDirector
AS
Arun SanrinDirector
BR
Brent Richard IrvinDirector
SJ
Sumer JunejaNominee Director
AB
Avnish BajajNominee Director
BA
Bhavish AggarwalDirector
Ola Documents

AY - 2018-19

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

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

Subscribe to our newsletter to stay updated