Ola Cabs

basic info

http://www.olacabs.com6 Years Old
Bangalore, IndiaInternet
5001-10000 EmployeesPrivate company

Ola Cabs impact

Cities present in
Bookings per day
Tota Cars

about Ola Cabs

"Ever decided to take a weekend holiday from the city, but spent hours finding a car rental? Or taken one on the reference of a friend, only to have the operator leave you stranded in the middle and make you miss an important business meeting? Or did the cab just not show up? Well, we have faced the same problems too. And we decided to help fix it. So we have created Olacabs.com, a marketplace for all types of cabs and car rentals. It is very simple: You enter your city and your need. We search the available inventory of our partners and provide you with a list of results and prices of different available cars from different operators. You can see our rating of that operator, what other customers said of them, and then book it right here on Olacabs.com. Or you can call us and we will help you through the process! It is that simple!"
"We are a young and energetic company based in Mumbai. Nothing excites us more than using technology to bring the same efficiency and customer experience to the car rental industry that you expect from flights!" credits: www.olacabs.com


"The vision behind Olacabs is to provide hassle-free, reliable and technology-efficient car rental service to Indians." credits: headstart.in

Ola Cabs story

the beginning
Olacabs was founded by two IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati who graduated in 2008. Aggarwal went away to the US to work at Microsoft in Seattle. After a two-year stint at the company, Aggarwal returned to India. Aggarwals journey began with an online trip planning and organizing agency called Olatrip in August 2010. After a few months, Aggarwal abandoned the business plan and decided to begin Olacabs. He brought Bhati onboard. The company was launched in January 2011.
angel funding
The company raised a round of angel funding from Anupam Mittal, Founder of Shaadi.com and from angel investor Rehan Yar Khan.
series a funding
Almost a year later after its angel round Ola raised its Series A round of funding from investor Tiger Global
Olacabs bags mBillionth Award South Asia
Olacabs, Indias leading aggregator of car rentals and point-to-point cab services won the mBillionth award under the South Asia Travel and Tourism category for its unique mobile application that addresses on-ground uncertainties faced by most taxi-users in India.
Olacabs won the 3rd Digital India Digital Award for the best start-up of the year in 2013. There were more than 800 entries for six categories and 31 sub-categories for the internet and mobile value added services industry. In just two years, Olacabs had shown astonishing achievemnts by bagging two big awards.
OLA Cabs was raised its valuation to nearly US$ 1 billion, joining the league of Indian valuable start-ups, making itself into a Billion Dollar Club.
250 crore round of institutional funding
Olacabs has secured INR 250 crore Series investment from a Hong Kong based hedge fund Steadview Capital and Sequoia Capital. The round was also participated by existing investor Tiger Global and Matrix Partners India.
launches in-app wallet service
Ola added an option for taxi payments through its app. With this move, Ola becomes the first local cab company to offer cashless payment, which only San Francisco-based Uber used to offer till now.
Ola Cafe
Ola steps into online food delivery with the launch of a new, “Ola Cafe” feature credits: thetechportal.in
Ratan Tata invests in Ola in his personal capacity
Tata Sons Chairman Emeritus Ratan Tata invests an undisclosed amount in his personal capacity. credits: economictimes.indiatimes.com

Ola Cabs products & services

Car hire

Car hire service present in various cities of India. credits: www.olacabs.com

Full Day and Half Day Rentals

Olacabs offers cabs along with full day car rentals & half day car rentals at lowest rates. Olacabs provides car rentals for all kinds of city taxi needs, railway station transfers, airport transfers and people can opt from the best car rental deals and hire cheap taxi services for travelling. credits: www.olacabs.com

In-app wallet

Ola Cabs provides its customers an in-app wallet for a cashless experience credits: www.olacabs.com

City Taxis

Ola has tied up with various city taxis to leverage the existing taxi service operating in Mumbai City credits: www.olacabs.com

Luxury car rentals

With Olacabs you can hire luxury cars rentals like BMW, Mercedes Benz, Audi A 6 and other high end models depending on specific needs. So, travel in style with the best taxi service provider. credits: www.olacabs.com

Ola auto ride

You can book a local auto in Bangalore, Chennai, Pune, Delhi, Ahmedabad and Hyderabad right from the comfort of your Ola mobile app. This is a booking system that gets you an auto in minutes at your doorstep! credits: www.olacabs.com

Ola Cafe – a food delivery service

Cab service company Olacabs has announced the launch of Ola Cafe – a food delivery service that promises to deliver your order within 20 minutes. The service has currently been launched in Mumbai, Delhi, Hyderabad and Bangalore, and will be rolled out to other cities soon. credits: www.bgr.in

Ola Cabs team


Bhavish Aggarwal

Past: Microsoft ResearchEducation : Btech, Computer Science, IIT BombayLocation: Mumbai

Ankit Bhati

Past: Wilcom, QED42Education : Btech & Mtech, Mechanical Eng, IIT BombayLocation: Mumbai
AVP, Product

Harsha Kumar

Past: INSEADEducation : BE-Cummins College of Engineering, PuneLocation: Bangalore
VP - Operations

Pranay Jivrajka

Past: Illumine Knowledge Resources Pvt. Ltd., dotJPEGEducation : B.Tech-IIT BombayLocation: Mumbai

Sudarshan Gangrade

Past: Babyoye.com, hoopos.com, self employeEducation : B.Tech-IIT Kharagpur, MBA-IIM BangaloreLocation: Bangalore
Entrepreneur and Startup Consultant

Vinayak Mehta

Past: Citi, Colgate , PalmoliveEducation : BSS-DU, PGDBM-XLRI JamshedpurLocation: Bangalore
Director - Marketing Communications, Spokesperson

Anand Subramanian

Past: CoCubes.com, Future VISTA View Edu Tech Pvt. Ltd., Career LauncherEducation : PGP (Executive Leadership, Marketing)-SCMLD, PuneLocation: Bangalore

Mudit Shekhawat

Past: Myntra Designs Private Limited, Indian School of Business, Yahoo!Education : B.Tech-IIT Madras, MS- Pennsylvana State University, University Park, MBA-Indian School of BusinessLocation: Bangalore

Ola Cabs office photos

old ola cabs office in bangalore

( 3 photos )

Ola Cabs office locations

Bangalore Office
Ola, Auro Center, 4th Cross Road, 5th Block, Koramangala
Karnataka 560095
080 3085 3000
Mumbai Office
ANI Technologies Pvt. Ltd. A - Wing, 4th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle East.

Gurgaon Office
OLA,Arprabhoomi Holdings, Plot No. 521, 6th Floor, Udyog Vihar Phase-III, Gurgaon
0124 384 5800

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