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Ola Cabs

Ola Cabs is an Indian multinational ride-aggregator company headquartered in Bengaluru, Karnataka. In addition to its core ride-hailing services, Ola has diversified into various other sectors, including financial services, cloud kitchens, and the used-car marketplace.


In March 2015, Ola acquired Bangalore-based taxi service TaxiForSure for approximately ₹12.37 billion (₹1,237 crore). By June 2015, TaxiForSure cabs were accessible to Ola users through the Ola mobile app. Later, in November of the same year, Ola acquired Geotag, a trip-planning application company.


The company has significant investments from global business giants, including SoftBank. In January 2018, Ola expanded into its first international market, launching services in Australia, followed by New Zealand in September 2018. By March 2019, Ola had further expanded its operations to the UK.


To fuel its growth, Ola acquired Foodpanda India in December 2017 to tap into the growing food delivery segment. In April 2018, the company made its second acquisition, purchasing Ridlr, a public transport ticketing app. Subsequently, in August 2018, Ola invested $100 million ($10 crore) in scooter rental startup Vogo as part of its Series funding. Additionally, Ola has entered the electric vehicle market with its Ola Electric Scooter.
 

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Ola, Uber, Rapido are being slammed for unfair practice

Ola Cabs, Uber and Rapido's advance-tipping feature, using which users can ensure that they get a ride by paying a tip in advance, has come under government scrutiny over fair practices. Users have been slamming it too, calling it grossly unfair. Here's what the complaints are about.

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Delhi CM Rekha Gupta Chairs Pollution Meet; Govt May Ask Ola, Uber To Run Buses

In this news update, India Today's Sushant Mehra reports on the latest measures to combat pollution in Delhi. Following a high-level meeting chaired by Delhi Chief Minister Rekha Gupta, the government is exploring new strategies to reduce traffic congestion at hotspots like Anand Vihar and Chandni Chowk. Mehra reveals a major proposal under consideration: the Delhi government may urge private aggregators like Ola and Uber to operate buses in addition to cabs. This move aims to reduce the cost of driving private vehicles and decrease vehicular density between Delhi and NCR.