Ola Electric has been making waves with its remarkable post-IPO performance. Here’s a look back at Ola’s transformative journey through the years.
Ola's journey started in 2010 with the launch of Ola Cabs, which reshaped urban transportation with a reliable ride-hailing service across India.
Ola Cabs is India’s largest mobility platform and one of the world’s largest ride-hailing companies, operating in 250+ cities across India, Australia, New Zealand, and the UK.
Founder Bhavish Aggarwal recently called Ola Cabs his “first love”. He believes on-demand consumer transportation should be a service and doesn't own a car himself!
In 2017, Ola entered into the electric vehicle market with Ola Electric Mobility, with a focus on developing innovative electric scooters and contributing to India's EV growth.
The Ola Electric IPO, launched in August 2024, raised ₹6,000 crore. The shares witnessed massive investor interest on their exchange debut, with prices nearly doubling within days after listing.
In 2024, Bhavish Aggarwal launched Krutrim AI, a company dedicated to advancing AI technology, including the development of India's first AI chip.
Ola's AI ambitions include plans to launch a fleet of autonomous vehicles by 2025, leveraging Krutrim AI's advancements to create a seamless, tech-driven mobility experience.
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