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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

Series G

Latest Deal Type

$1B

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

Application Software
Social/Platform Software

Primary Office

Number 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 (24)

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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 (17)

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 PartnersBoard Observer000 0000
Tarun DavdaMatrix PartnersBoard Observer000 0000
Arun Sarin Board of Director Self
Rehan Khan Board Observer Orios Venture Partners
Tarun Davda Board Observer Matrix Partners
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