In 2015, Ola took a significant step forward by expanding its operations to international markets. The company entered the Australian market, followed by launches in New Zealand and the United Kingdom. This expansion marked a significant milestone for Ola, solidifying its position as a global player in the ride-hailing industry. Over the years, Ola has continued to innovate and adapt to changing market dynamics. The company ventured into electric mobility by launching Ola Electric, with a mission to drive the adoption of electric vehicles in India.
a robust electric vehicle ecosystem, including charging infrastructure db center uk and battery-swapping solutions. Today, Ola operates in more than 200 cities across India and has a vast network of registered drivers. The company has become a household name, synonymous with hassle-free, reliable, and affordable transportation. As Ola looks to the future, it aims to diversify its offerings further and expand its presence globally. With a strong focus on technological innovation and customer satisfaction, Ola continues to transform the way people travel, making transportation more accessible and convenient for millions of individuals.
Who Owns Ola Ola has a diverse ownership structure. Based on information from Inc42 as of December 28, 2023, let’s look at the major shareholders and institutions that own stakes in Ola. Founder and CEO Bhavish Aggarwal has a significant ownership stake in Ola. He holds 136.1 Crore shares, representing 36.94% of the pre-offer equity share capital on a fully diluted basis. SoftBank’s SVF II Ostrich Fund is another significant shareholder in Ola. They hold 81.04 Crore shares, accounting for 21.
Ola Electric is focused on building
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