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OLA

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Gowrish Gowda
Jul 12, 2022
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Ola Cabsis an Indian multinational ridesharing company, headquartered in Bangalore. It also operates in other business verticals including financial services and cloud kitchens.

In March 2015, Ola Cabs acquired Bangalore-based taxi service TaxiForSure for approximately ₹12.37 billion (US$160 million). June 2015 onwards, Ola users gained access to TFS cabs via the Ola mobile application. Later in the year in November, Ola further acquired Geotagg, a trip-planning applications company, for an undisclosed sum

 

In a move to expand beyond cab aggregation, Ola acquired struggling foodtech company Foodpanda India with an eye on leveraging the growing food delivery segment business in December 2017.In April 2018, Ola made its second acquisition with Ridlr (formerly Traffline), a public transport ticketing app.

 


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