Ride-hailing platform Ola announced today that it has raised $300 million from Hyundai and Kia as part of a strategic partnership focused on electric vehicle development. This brings the company’s total raised to $3.8 billion according to Crunchbase. Ola’s last funding was announced just three weeks ago, when the company said it had raised $56 […]
View More Ola raises $300M as part of a new electric vehicle partnership with Hyundai and KiaCategory: ola cabs
India’s Ola spins out a dedicated EV business — and it just raised $56M from investors
Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and […]
View More India’s Ola spins out a dedicated EV business — and it just raised $56M from investorsIndia’s Ola is adding a monthly billing option for its ride-hailing customers
Ola, the ride-hailing service battling Uber in India, is introducing credit services to its users as it moves closer to a major new funding round. Today the company took the wraps off Ola Money Postpaid, a service that builds on Ola’s existing payment service — which can be used to pay rides and also third-party […]
View More India’s Ola is adding a monthly billing option for its ride-hailing customers