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The valuation of Ola, the app-based ride-hailing startup unicorn, has been brutally slashed into half prior to its pivot into EV mobility market space! A recent media report found that the U.S-based investment firm Vanguard Group, one of the first...

It has already made a name for itself in the ride-hailing sphere in India. Ola’s next aim – to power charge the country towards an electric mobile future. And boy, does it have the stratagem to back that claim! Tucked away...

The Directorate General of Goods and Services Tax Intelligence (DGGI) sent a summons to Uber and Ola officials on Monday regarding tax evasion allegations against the two companies, Business Standard has reported. The investigation will look into alleged tax evasions...

While the Indian Government is busy introducing rules to further tighten the noose around cab aggregators. Uber and Ola, in a recent court victory, had a momentary sigh of relief. On Tuesday, Supreme Court, the country’s topmost judiciary body, ruled...

For long Ola and Uber have been enjoying the free ride on charging surge price from customers and paying low commission to drivers. Looks like that has finally come to an end! The Indian Government’s new rules for cab aggregators...

India's largest taxi-aggregator Ola is planning to jump into the business of vehicle manufacturing, keeping an eye on the future prospects of electric vehicles. The company has reportedly engaged the government of multiple states with a proposal of setting...

India, as a whole, is being encouraged to take up social distancing in the wake of the Covid-19 outbreak to slow down its spread. The biggest ride-hailing giants operating in India Ola and Uber are now pitching in to...

As the much talked and anticipated IPO of Ola seems to be on the cards, the domestic unicorn OLA is reportedly taking measures to restructure its business model. The aim of this reorganization is to increase profits in order to...

India aims to enable taxi aggregators, such as Uber and Ola to turn 40% of their vehicle inventory into electric cars by April 2026, according to a study and government conference papers addressing new safety travel laws. On the...

Be it passenger comfort or ease of booking, the global ride-hailing market is certainly not just any chance occurrence. The sure sign of the upsurge in demand for the ride-hailing services on a global level is due to the convenience...