Ola

Ola Cabs offers cab bookings near a user's location.

OLA for Business provides a platform for employee rides, airport transfers, expense control, and 24/7 support across 100+ Indian cities.

Book Cab Online for Intercity Travel at Best Price. Outstation Cab Booking available in Major Cities. Seamless taxi booking for outstation.

Ola describes its vision for the future of mobility, called New Mobility, and how it is building it. The page links human progress with advancements in mobility.

Vanguard has officially reduced ANI Technologies’ valuation to **$70.3 million**, a **99% drop** from its peak of **$7.3 billion** in 2021. The company, parent to Ola Consumer, now faces severe financial stress in its ride-hailing business. The filing reflects deep challenges in sustaining operations amid declining investor confidence.

Jun 2026CartoqNews article

Ola’s ride-hailing business valuation has fallen by 99%, making it worth less than the Ola Electric shares it owns. The decline follows market share losses to Rapido, which is backed by WestBridge Capital and now competes directly with Uber in India. This shift reduces Ola’s overall financial standing in the mobility sector.

Jun 2026www.ndtvprofit.comNews article

Vanguard has reduced its valuation of Ola Consumer to approximately **$70 million**, reflecting a near **99% decline** from its initial 2015 investment level. The adjustment underscores significant changes in the company’s financial standing since the asset manager’s entry. The move highlights broader challenges in the ride-hailing sector’s consumer-focused ventures.

Jun 2026business-standard.comNews article

Ola Consumer reports a **42% revenue decline** in FY25 alongside **widening losses**, reflecting intensified competition and reduced market share. The financial strain has led to a downgraded credit rating, complicating its IPO preparations. Founder Bhavish Aggarwal’s parallel venture, Ola Electric, also faces revenue challenges.

May 2026The Economic TimesNews article