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Ola

Description

Provider of online car rental services. The company provides a platform that integrates car transportation, point-to-point services within a city, hour-based rental services or outstation travel, onto a technology platform. It does not own or operate its own fleet, but aggregates small fleet operators and single vehicle owners.

2010

Founded

PRIVATE

Status

5K-10K

Employees

Later Stage VC

Latest Deal Type

$600M

Latest Deal Amount

$1.14B

Total Amount Raised

Description

Provider of online car rental services. The company provides a platform that integrates car transportation, point-to-point services within a city, hour-based rental services or outstation travel, onto a technology platform. It does not own or operate its own fleet, but aggregates small fleet operators and single vehicle owners.

Website:

www.olacabs.com

Formerly Known As

Olacabs

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Automotive

Other Industries

Social/Platform Software
Application Software

Primary Office

Suite 414, 3rd Floor, 4th Block 17th Main, 100 Feet Road, Koramangala Bangalore, Karnataka 560034India +91 (0)80 6735 0900
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Ola Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Ola Investors (26)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
AA Development Capital Investment ManagersPE/BuyoutMinority000 0000000 0000
ABG CapitalVenture CapitalMinority000 0000000 0000
Accel PartnersVenture CapitalMinority000 0000000 0000
Anupam MittalAngel (individual)Minority000 0000000 0000
Baillie GiffordAsset ManagerMinority000 0000000 0000
AA Development Capital Investment Managers PE/Buyout
ABG Capital Venture Capital
Accel Partners Venture Capital
Anupam Mittal Angel (individual)
Baillie Gifford Asset Manager

Ola Executive Team (18)

NameTitleBoard
Seat
Contact
Info
Bhavish AggarwalCo-Founder & Chief Executive Officer
Ankit BhatiCo-Founder & Chief Technology Officer
Sumit KumarChief of Staff & Head, Strategy
Pranay JivrajkaVice President, Operations
Sudarshan GangradeVice President, Category, Marketing, Analytics & Partnerships
Bhavish Aggarwal Co-Founder & Chief Executive Officer
Ankit Bhati Co-Founder & Chief Technology Officer
Sumit Kumar Chief of Staff & Head, Strategy
Pranay Jivrajka Vice President, Operations
Sudarshan Gangrade Vice President, Category, Marketing, Analytics & Partnerships

Ola Board Members (3)

NameRepresentingRoleSinceContact
Info
Arun SarinSelfBoard of Director000 0000
Rehan KhanOrios Venture PartnersCo-Founder & General Partner000 0000
Tarun DavdaMatrix PartnersBoard Observer000 0000
Arun Sarin Board of Director Self
Rehan Khan Co-Founder & General Partner Orios Venture Partners
Tarun Davda Board Observer Matrix Partners
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