Ola is a private online transportation company that got started in 2010 in Mumbai, Maharashtra, India. It is best recognised for vehicle for hire delivery services in major cities of India and has put forth the business on top by generating revenue of around $110 million in financial year 2016 according to the report with the contribution of its 6,000 employees.
They have expanded its services in cities like Chandigarh, Indore, Jaipur, Mysore, Guwahati, Vijayawada and Viskhapatnam and have now decided to move overseas planning out for its first run in Australia in 2018.
How it got started?
The company took its first step in Mumbai and was founded by Bhavish Aggarwal and Ankit Bhati on 3rd December 2010. Both were fellow alumnus from the Indian Institute of Technology in Mumbai. Bhavish worked for Microsoft before starting up this mobile app for transportation. He is now serving as CEO of the company and Ankit is at CTO position. They are now working on a mission of building mobility for a billion people.
Why to go for it?
They offer the easiest and fastest way to book a ride which is safe in every aspect while planning for a journey or trip. It got started in 2010 and since then is considered one among the world’s largest ride-sharing companies. It has worked really hard to establish itself in the business of city transportation focusing on building up innovative solutions at global scale and bringing in the best technology to ensure convenient, transparent and quick service for the customers.
Recently, they have launched Ola Play in 2016 that is known as first of its type to connect car platform for ride-sharing. This has satisfied the customers with highly personal experience during their rides bringing on the trust within their users. Their app has joined hands with its partners like Apple Music, Sony Liv and Microsoft for upgrading the technology to make its users feel the high quality interactive and productive experiences.
Now they are working with 9, 00,000 vehicles serving millions in across 110 cities. They have 10, 00,000 driver-partners that are willing to get you to your destination on time.