Ola Cabs

Bengaluru, India Founded: 2010 • Age: 16 yrs Listed
Ride-hailing, electric vehicles, and financial solutions are provided via app.
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About Ola Cabs

Ola Cabs is a publicly listed company based in Bengaluru (India) founded in 2010 by Bhavish Aggarwal and Ankit Bhati. Ride-hailing, electric vehicles, and financial solutions are provided via app. It operates on a Mobility-as-a-Service and Two-Sided Marketplace model. Ola Cabs has raised $3.83 billion across 25 funding rounds from investors including Yes Bank, Didi and Tencent. The company has 2,473 employees. Ola Cabs has completed 11 acquisitions, including Avail Finance, Foodpanda and Foodpanda India. Ola Cabs was last valued at $6.7 billion in February 2022. Its chief executive, as recorded, is Bhavish Aggarwal. Its website olacabs.com draws about 1.7 million monthly visits. Its Indian entity Ola Electric Mobility Limited reported revenue of ₹2,460 Cr. Ola Cabs offers products and services including Ola Cabs, Ola S1, and Ola Stores. Its focus areas include Technology, Mobility, Ride-Hailing and Automotive. Its competitors include Zomato, Swiggy and EatSure; 3 of its 3 listed competitors have raised funding.

Company details

A comprehensive mobility ecosystem is managed by Ola Cabs, covering ride-hailing services across 250 cities in India, Australia, New Zealand, and the UK. Solutions for daily commuting, outstation travel, and hourly rentals are provided. Additionally, electric scooters under Ola S1 are manufactured, and an e-commerce platform via Ola Stores is supported. Social impact initiatives through Ola Foundation are also undertaken, benefiting numerous families across India.

Recognitions & Rankings of Ola Cabs

India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#356
Valuation
₹15,800 Cr
2023 #156 2022 #64 2021 #171
  • Headquarters Bengaluru, India
  • Employees 2,473
  • Founders Bhavish Aggarwal, Ankit Bhati
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Travel and Tourism · Ground Transportation
  • Email
    ••••••••
  • Website olacabs.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Ola Electric Mobility Pvt Ltd
  • Date of Incorporation 03 Feb, 2017
Operational Areas
Transportation, Automotive & Logistics → Road Transport Tech
Key Metrics
  • Market Cap
    ₹17,235 Cr

    OLAELEC · NSE

  • Share Price
    ₹33.96

    -1.51% today

  • Revenue
    ₹2,253 Cr

    FY 2025-26 · -50.1% YoY

  • EBITDA
    −₹972 Cr

    Margin -43.1%

  • Net Profit
    −₹1,833 Cr

    FY 2025-26 · +18.6% YoY

  • Total Equity Funding
    $3.83B (USD)

    in 25 rounds

  • Latest Funding Round
    $20M (USD), Series J

    Feb 2022

  • Investors
    Yes Bank

    & 132 more

  • Employee Count
    2,473
  • Investments & Acquisitions
    Avail Finance

    & 10 more

Products & Services of Ola Cabs

Ola Cabs offers a comprehensive portfolio of products and services, including Ola Cabs, Ola S1, and Ola Stores.

Ola Cabs
Mobility Services

Ride-hailing services are provided for urban mobility needs.

Ola S1
Electric Scooters

Electric scooters are offered for sustainable personal transport.

Ola Stores
E-commerce Platform

Online shopping platform is provided for various products.

Apps and channels of Ola Cabs

Ola Cabs publishes 2 mobile apps with over 100M+ downloads; its YouTube channel Ola has 96.1K subscribers and 30 videos.

Ola: Book Cab, Auto, Bike Taxi
Google Play Maps & Navigation Everyone Free
Developer: Ola (ANI TECHNOLOGIES PRIVATE LIMITED)
View on Google Play
Ola: Book Cab, Auto, Bike Taxi
App Store Travel 4+
Developer: ANI Technologies Pvt. Ltd.
View on App Store
Ola
YouTube 96.1K subscribers 30 videos Science & Technology
Open channel

Videos from Ola Cabs

The most watched videos on Ola Cabs's YouTube channel, Ola (96.1K subscribers). Click a video to play it here.

OLA x FUKREY 3
1.9M views
Get ready for Ola Roadster | Sankalp 2024
158.2K views
Ola Sankalp 2024 | Top Highlights
112.2K views
Cooked bro? Nah... Booked bro. 😉Happy Dussehra, fam! ✨️
108.5K views

More on Ola.

Funding Insights of Ola Cabs

Ola Cabs has successfully raised a total of $3.83B across 25 strategic funding rounds. The most recent funding activity was a Series J round of $20 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $3.83B
  • Total Rounds 25
  • Last Round Series J — $20M
  • First Round $156,321

    (Apr 2011)

  • Investors Count 133

Latest 10 of 25 funding rounds of Ola Cabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$20MSeries J$6.7BArrow Capital
Axis Mutual Fund
Jan 2022$20MSeries J–Segantii Capital Management
–
Dec 2021$500MDebt – Conventional––
–
Dec 2021$148.45MSeries J$7.03BHero Corp, IIFL Finance
Biovet, Vicco Laboratories
Sep 2019$5.04MSeries J$•••••–
–
May 2019$354.33MSeries J$•••••Hyundai Motor Company, Mirae Asset
Kia, DIG Investment
Feb 2019$15.75MSeries J––
Lyonsasset, HBM Partners
Jan 2019$95.87MSeries J$•••••Steadview
Sachin Bansal, J3T Ventures
Dec 2018$2.02MSeries I$•••••–
Eternal Yield International
Sep 2018$50.17MSeries I$•••••China-Eurasian Economic Cooperation Fund
Sailing Capital
Valuation history
DateValuationStage
Feb 2022$6.7B••••••••
Dec 2021$7.03B••••••••
Sep 2019$•••••••••••••
May 2019$•••••••••••••
Jan 2019$•••••••••••••
Dec 2018$•••••••••••••
Sep 2018$•••••••••••••
Jun 2017$•••••••••••••
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Full valuation and stage history of Ola Cabs

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

  • All valuation points
  • Stage changes
  • Dates
  • Exports

Verified entity values are shown only after access is granted.

Last known valuation $6.7B (Feb 2022). 133 investors in total: 84 institutional and 49 angel.

Investors in Ola Cabs

Ola Cabs has secured backing from 133 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Yes Bank, Didi and Tencent.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Segantii Capital Management
Private equity investments are managed across multiple sectors.
segantii.comHong Kong, China
Siddhant Partners
Investments in multiple sectors are made by Siddhant Partners.
Mumbai, India
Tejal Merchantile
Venture capital investments are directed toward companies in multiple sectors.
Mumbai, India
Equity Acquisition
Venture capital firm focused on multiple sectors
The Alka Family Trust
Private equity firm focused on multiple sectors
Matraville, Australia
Vital Real Estates
Venture capital investments are directed toward multiple sectors.
Kolkata, India
M Sashi Badalia and sons
Multiple sectors are invested in by the venture capital firm.
Kolkata, India
Ashna Advisors
Venture capital firm focused on multiple sectors
Vadodara, India
DIG Investment
VC firm focused on multiple sectors
diginvestment.comStockholm, Sweden
Deshe Holdings
Venture capital firm focused on multiple sectors
Miami Beach, United States
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Investor details for Ola Cabs

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Ola Electric Mobility Limited (Ola Cabs)

Ola Electric Mobility Limited is the primary company behind Ola Cabs. The boards of the 6 registered companies of Ola Cabs currently have 15 directors; the longest-serving is Bhavish Aggarwal, appointed in 2010. 103 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bhavish Aggarwal
DIN 03287473
Managing Director03 Dec 201015 yrs 11 moAni Technologies Private Limited, Ola Financial Services Private Limited, Ola Electric Mobility Limited
Avnish Bajaj
DIN 00281547
Nominee Director12 Nov 201312 yrs 11 moAni Technologies Private Limited
Arun Sarin
DIN 01384344
Director06 Jul 201511 yrs 4 moAni Technologies Private Limited, Ola Financial Services Private Limited, Ola Electric Mobility Limited
Pallav Singh
DIN 07443661
Director26 Feb 201610 yrs 8 moSerendipity Infolabs Private Limited
Krishnamurthy Venugopala Tenneti
DIN 01338477
Director19 Jan 20179 yrs 9 moAni Technologies Private Limited, Ola Financial Services Private Limited, Ola Electric Mobility Limited
Pranay Jivrajka
DIN 07068685
Additional Director08 Feb 20179 yrs 9 moSerendipity Infolabs Private Limited
Sumer Juneja
DIN 08343545
Nominee Director04 Apr 20197 yrs 7 moAni Technologies Private Limited
Shradha Sharma
DIN 03557496
Director06 Dec 20232 yrs 11 moOla Electric Mobility Limited
Manoj Kumar Kohli
DIN 00162071
Director06 Dec 20232 yrs 11 moOla Electric Mobility Limited
Harish Abichandani
DIN 07053519
Director14 Feb 20242 yrs 8 moOla Financial Services Private Limited
Ankush Aggarwal
DIN 07655022
Director21 May 20242 yrs 5 moOla Fleet Technologies Private Limited, Ola Financial Services Private Limited
Sachin Bhatia
DIN 08507514
Nominee Director16 Apr 20251 yr 6 moAni Technologies Private Limited
Navalur Dattatreya Singh Shashank
DIN 02237496
Director05 Dec 202511 moOla Electric Mobility Limited
Dadhichi Tripathi
DIN 11114743
Additional Director20 Jan 20269 moOla Fleet Technologies Private Limited, Ola Stores Technologies Private Limited
Shivansh Kulhari
DIN 11524556
Additional Director05 Feb 20269 moOla Stores Technologies Private Limited

People of Ola Cabs

85 people are tracked at Ola Cabs (25 in leadership, 60 in team); the tracked headcount is 2,473.

NameRoleGroup
Bhavish Aggarwal
Co-Founder & CEOLeadership
Sadoun Sadoun
Co-CEOLeadership
Ankit Bhati
FounderLeadership
Marisha Shukla
Director Legal - Ola ElectricLeadership
Nazim Mohammed
Associate Director (Lead Counsel) - Legal, Ola ElectricLeadership
Olivia Chowdhury
Program Manager- CEO OfficeLeadership
Manish Bajpai
Financial Controller & Head Of Internal AuditLeadership
Wayne Burgess
Head of Design, Ola Electric MobilityLeadership
G. R. Arun Kumar
Group CFOLeadership
Vinay Bhopatkar
Head of Sales & Supply, Ola MobilityLeadership
Srikant Lakhanpal
Associate Director - Technical Program ManagementLeadership
Vinay Chawla
Head Of Group I&oLeadership
Monika Yadav
Business Strategy HeadLeadership
Shreshth Mahajan
Chief Of Staff - Strategy And Corporate DevelopmentLeadership
Dayaraj Kunder
Director - Administration / Procurement - Corporate FunctionsLeadership
Dadhichi Tripathi
Associate Director Fp&a & Business FinanceLeadership
Soumya Murthy
Head Of Indirect TaxLeadership
Abhishek Agrawal
Head Of Product & Technology - Ola Fleet & Foodpanda (ola Food)Leadership
Shivansh Kulhari
Director, Strategic Marketing, Ola Electric & MobilityLeadership
Amit Gupta
Vice President & Group Head Of TaxLeadership

65 more people are available in the full profile.

Premium access

Complete people profiles for Ola Cabs

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Ola Cabs

Ola Cabs is a publicly listed company on the NSE with ticker symbol OLAELEC in India, operating in the Automobile sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: OLAELEC
  • Listed entityOla Electric Mobility Limited
  • Exchange sectorAutomobile

Financials of Ola Cabs

Exchange-reported figures of Ola Electric Mobility Limited, the listed company behind Ola Cabs (NSE: OLAELEC).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹2,253 Cr
-50.1% YoY
EBITDA
−₹972 Cr
+44.8% YoY
Profit After Tax
−₹1,833 Cr
+18.6% YoY
Net Worth
₹3,351 Cr
-34.8% YoY
Total Assets
₹6,341 Cr
-29.9% YoY
Total Debt
₹2,763 Cr
-22.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue2,2534,5145,0102,6313730.86
Revenue growth-50.1%-9.9%+90.4%+604.6%--
EBITDA(972)(1,762)(1,274)(1,349)(800)(284)
EBITDA margin-43.1%-39.0%-25.4%-51.3%-214.3%-
Profit before tax(1,829)(2,276)(1,584)(1,472)(784)(199)
Net profit(1,833)(2,252)(1,598)(1,397)(784)(192)
Net profit margin-81.4%-49.9%-31.9%-53.1%-209.9%-
EPS (₹)(4.16)(5.16)(8.10)(7.53)(4.01)(1,99,232.00)
Balance sheet
Total assets6,3419,0404,9044,1784,4702,015
Net worth3,3515,1432,0192,3563,6611,971
Total debt2,7633,5562,7101,69680442.17
Cash & bank1,5423,5161,6631,5292,0971,366
Net working capital1,8044,6241,1901,8162,0731,316
Cash flow
Cash from operations(775)(2,391)(633)(1,507)(885)(252)
Cash from investing2,002(2,864)(1,136)(319)(1,322)549
Cash from financing(1,201)5,4291,5906593,0853.15
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4552654706908286111,0451,214
Revenue growth (YoY)-45.1%-56.6%-55.0%-43.2%-49.6%---
Other income29.0039.0034.0066.0068.00117127100
EBITDA(165)(281)(271)(203)(237)(695)(460)(379)
EBITDA margin-36.3%-106.0%-57.7%-29.4%-28.6%-113.7%-44.0%-31.2%
Depreciation127177170172165170138132
Interest73.0077.0080.0010994.0012293.0084.00
Profit before tax(336)(496)(487)(418)(428)(870)(564)(495)
Tax0.004.000.000.000.000.000.000.00
Net profit(336)(500)(487)(418)(428)(870)(564)(495)
EPS (₹)(0.75)(1.13)(1.10)(0.95)(0.97)(1.97)(1.28)(1.20)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2.493.0082.0017028.130.871.79
Revenue growth-17.0%-96.3%-51.8%+504.9%+3133.3%-51.4%-
EBITDA(99.81)(137)(139)(157)(301)(200)(127)
EBITDA margin-4008.4%-4566.7%-169.5%-92.2%-1068.5%--7096.7%
Profit before tax(109)(40.00)(27.00)(38.74)(223)(104)(4.50)
Net profit(113)(40.00)(27.00)(38.74)(223)(96.80)(36.42)
Net profit margin-4537.8%-1333.3%-32.9%-22.8%-791.6%--2034.6%
EPS (₹)(0.26)(0.09)(0.14)(0.20)(1.14)(1,03,690.00)(4,505.10)
Balance sheet
Total assets11,24411,5846,0814,4514,3212,0742,135
Net worth10,92211,0175,6734,4484,3202,0692,130
Total debt3215664050.000.003.300.00
Cash & bank8001,8881,2601,2251,8491,3482,040
Net working capital1,0042,4461,7651,4181,9681,3202,059
Cash flow
Cash from operations104(116)(312)(87.47)(312)(184)(110)
Cash from investing384(5,295)(1,313)(1,066)(1,292)468(1,760)
Cash from financing(330)5,4111,56656.502,454(1.01)1,852
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.480.780.390.000.660.001.001.00
Revenue growth (YoY)-27.3%--61.0%-100.0%-34.0%---
Other income13.6414.7010.7225.0028.5646.9777.0052.00
Total expenses1.1148.5623.1014.0015.9377.6820.0039.00
EBITDA(0.63)(47.78)(22.71)(14.00)(15.27)(77.68)(19.00)(38.00)
EBITDA margin-131.3%-6125.6%-5823.1%--2313.6%--1900.0%-3800.0%
Depreciation0.920.501.071.001.250.901.001.00
Interest17.7217.8918.5124.0022.6024.0724.0024.00
Profit before tax(5.63)(51.47)(31.57)(14.00)(10.56)(55.68)33.00(11.00)
Tax0.004.330.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4552654706908286111,0451,214
Revenue growth (YoY)-45.1%-56.6%-55.0%-43.2%-49.6%---
Other income29.0039.0034.0066.0068.00117127100
EBITDA(165)(281)(271)(203)(237)(695)(460)(379)
EBITDA margin-36.3%-106.0%-57.7%-29.4%-28.6%-113.7%-44.0%-31.2%
Depreciation127177170172165170138132
Interest73.0077.0080.0010994.0012293.0084.00
Profit before tax(336)(496)(487)(418)(428)(870)(564)(495)
Tax0.004.000.000.000.000.000.000.00
Net profit(336)(500)(487)(418)(428)(870)(564)(495)
EPS (₹)(0.75)(1.13)(1.10)(0.95)(0.97)(1.97)(1.28)(1.20)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue2,2534,5145,0102,6313730.86
Revenue growth-50.1%-9.9%+90.4%+604.6%--
Other income20741823315282.84105
Total expenses3,2256,2766,2833,9801,174285
Employee cost0.00463439427282197
EBITDA(972)(1,762)(1,274)(1,349)(800)(284)
EBITDA margin-43.1%-39.0%-25.4%-51.3%-214.3%-
Depreciation68456635816748.9819.62
Interest38036618710817.620.79
Profit before tax(1,829)(2,276)(1,584)(1,472)(784)(199)
Tax4.000.000.000.000.000.00
Net profit(1,833)(2,252)(1,598)(1,397)(784)(192)
Net profit margin-81.4%-49.9%-31.9%-53.1%-209.9%-
EPS (₹)(4.16)(5.16)(8.10)(7.53)(4.01)(1,99,232.00)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital4,4114,4114,9293,7653,7600.02
Reserves & surplus(1,060)732(2,882)(1,381)(70.70)1,998
Shareholders' funds (net worth)3,3515,1432,0192,3563,6611,971
Minority interest0.000.000.000.000.000.00
Secured loans2,0672,9682,3261,61874433.85
Unsecured loans69658838577.5560.258.32
Total debt2,7633,5562,7101,69680442.17
Total liabilities6,3419,0404,9044,1784,4702,015
Assets
Gross block4,4674,3293,1281,4921,122125
Net block2,7813,1542,4911,2191,025104
Capital work in progress1,06770271350783.0042.74
Investments0.0040.0063.722761,102455
Inventories2697846945842843.22
Sundry debtors31.009.0015884.2515.220.38
Cash & bank balances1,5423,5161,6631,5292,0971,366
Loans & advances1,4092,3501,5051,01460344.77
Total current assets3,2516,6594,0213,2112,9991,414
Total current liabilities1,4472,0352,8311,39592697.97
Net working capital1,8044,6241,1901,8162,0731,316
Total assets6,3419,0404,9044,1784,4702,015
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash62.00(112)67.881,23535756.89
Net cash from operating activities(775)(2,391)(633)(1,507)(885)(252)
Net cash from investing activities2,002(2,864)(1,136)(319)(1,322)549
Net cash from financing activities(1,201)5,4291,5906593,0853.15
Net change in cash26.00174(179)(1,167)878300
Closing cash1,5423,5161,6631,5292,0971,366
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth-50.1%-9.9%+90.4%+604.6%--
EBITDA growth+44.8%-38.4%+5.6%-68.5%-181.8%-
PBT growth+19.6%-43.7%-7.6%-87.7%-293.6%+9997.0%
Net income growth+18.6%-41.0%-14.4%-78.2%-307.5%-
Revenue CAGR (3Y)-5.0%+129.5%+1699.3%---
EBITDA CAGR (3Y)-10.4%+30.1%+64.9%---
Profitability & leverage
Net income margin-81.4%-50.4%-31.6%-56.0%-210.0%-
Return on capital employed-0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.871.010.420.150.02
Long-term debt / equity-0.500.520.220.100.00
Interest cover-22.95-15.72-11.44-7.12-2.07-0.26
Efficiency & per share
Fixed asset turnover-1.212.172.010.600.01
Inventory turnover-6.117.846.062.600.27
Debtors turnover-53.9041.2852.9047.872.26
EPS (₹)(4.16)(5.16)(8.10)(7.53)(4.01)(1,99,232.00)
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)0.0011.66(4.74)2.949.6419,98,028.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.480.780.390.000.660.001.001.00
Revenue growth (YoY)-27.3%--61.0%-100.0%-34.0%---
Other income13.6414.7010.7225.0028.5646.9777.0052.00
Total expenses1.1148.5623.1014.0015.9377.6820.0039.00
EBITDA(0.63)(47.78)(22.71)(14.00)(15.27)(77.68)(19.00)(38.00)
EBITDA margin-131.3%-6125.6%-5823.1%--2313.6%--1900.0%-3800.0%
Depreciation0.920.501.071.001.250.901.001.00
Interest17.7217.8918.5124.0022.6024.0724.0024.00
Profit before tax(5.63)(51.47)(31.57)(14.00)(10.56)(55.68)33.00(11.00)
Tax0.004.330.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2.493.0082.0017028.130.871.79
Revenue growth-17.0%-96.3%-51.8%+504.9%+3133.3%-51.4%-
Other income78.9019212012684.83106129
Total expenses102140221327329201129
Employee cost0.0014.0064.0011080.3414137.45
EBITDA(99.81)(137)(139)(157)(301)(200)(127)
EBITDA margin-4008.4%-4566.7%-169.5%-92.2%-1068.5%--7096.7%
Depreciation3.113.006.007.406.989.405.76
Interest84.6492.002.000.100.180.440.51
Profit before tax(109)(40.00)(27.00)(38.74)(223)(104)(4.50)
Tax4.330.000.000.000.000.000.00
Net profit(113)(40.00)(27.00)(38.74)(223)(96.80)(36.42)
Net profit margin-4537.8%-1333.3%-32.9%-22.8%-791.6%--2034.6%
EPS (₹)(0.26)(0.09)(0.14)(0.20)(1.14)(1,03,690.00)(4,505.10)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4,4114,4114,9283,7653,7600.020.02
Reserves & surplus6,5116,6067727115882,0962,157
Shareholders' funds (net worth)10,92211,0175,6734,4484,3202,0692,130
Secured loans3215664050.000.000.000.00
Unsecured loans0.000.000.000.000.003.300.00
Total debt3215664050.000.003.300.00
Total liabilities11,24411,5846,0814,4514,3212,0742,135
Assets
Gross block60.9356.8354.0050.2746.7843.6846.11
Net block27.2726.2827.0029.0532.9635.0740.13
Capital work in progress10.484.0911810531.9840.579.22
Investments10,1619,0134,0242,6141,96258920.21
Inventories0.300.233.0014.1313.060.000.00
Sundry debtors5.235.2388.0016.3811.410.080.02
Cash & bank balances8001,8881,2601,2251,8491,3482,040
Loans & advances26061253042324650.2163.38
Total current assets1,0652,5051,8811,6782,1191,3982,103
Total current liabilities61.1959.7611626015178.0344.17
Net working capital1,0042,4461,7651,4181,9681,3202,059
Total assets11,24411,5846,0814,4514,3212,0742,135
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash34.3134.5694.001,19134056.8875.08
Net cash from operating activities104(116)(312)(87.47)(312)(184)(110)
Net cash from investing activities384(5,295)(1,313)(1,066)(1,292)468(1,760)
Net cash from financing activities(330)5,4111,56656.502,454(1.01)1,852
Net change in cash159(0.25)(59.00)(1,097)851283(18.19)
Closing cash8001,8881,2601,2251,8491,3482,040
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-17.0%-96.3%-51.8%+504.9%+3133.3%-51.4%-
EBITDA growth+27.2%+1.4%+11.4%+47.8%-50.3%-57.4%-
PBT growth-171.7%-48.2%+30.3%+82.6%-115.0%-2204.2%+26.0%
Net income growth-182.5%-48.2%+30.3%+82.6%-130.0%-165.8%-
Revenue CAGR (3Y)-75.5%-52.6%+355.1%+356.4%+555.2%--
EBITDA CAGR (3Y)-14.0%-23.0%-11.4%+7.3%+236.8%+2614.3%-
Profitability & leverage
Net income margin-4537.8%-1333.3%-32.9%-22.8%-792.4%--251.4%
Return on capital employed-0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth-0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity-0.060.040.000.000.000.00
Long-term debt / equity-0.040.040.000.000.000.00
Interest cover-82.24-65.71-1.38-0.06-0.06-0.21-0.38
Efficiency & per share
Fixed asset turnover-0.051.573.510.620.020.05
Inventory turnover-2.009.5712.524.310.000.00
Debtors turnover-0.061.5712.254.9017.40179.00
EPS (₹)(0.26)(0.09)(0.14)(0.20)(1.14)(1,03,690.00)(4,505.10)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0024.9813.9513.6313.0120,96,010.0021,57,453.90

Investments & Acquisitions by Ola Cabs

Ola Cabs has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Avail Finance, Foodpanda and Foodpanda India.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Avail Finance
Neobank for individuals
availfinance.inBengaluru, India2017Mar 2022••••
GeoSpoc
Geospatial data integration solutions are provided using patented tools.
geospoc.comYardley, United States2014Oct 2021$3.5M
Pikup.ai
AI-driven solutions for unmanned retail stores are provided.
pikup.aiBengaluru, India2018Aug 2019••••
Ridlr
Journey planning solutions are enabled through an app-based platform.
ridlr.inMumbai, India2010Apr 2018$50M
Foodpanda India
Food is ordered and delivered online from local restaurants.
foodpanda.inBengaluru, India2012Dec 2017$31.69M
Foodpanda
Online food ordering and delivery platform
foodpanda.comBerlin, Germany2012Dec 2017••••
Qarth
Manufacturer of fire safety and site safety equipment
qarth.inChennai, India2012Mar 2016••••
Geotagg
Technology solutions for intelligent transportation systems in India are developed.
geotagg.inChennai, India2014Nov 2015••••
Zipcash
Mobile-based prepaid instruments and vouchers are provided for payments.
zipcash.inMumbai, India2007Oct 2015••••
TaxiForSure
Car rental aggregator
taxiforsure.comBengaluru, India2011Mar 2015$200M
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Timeline of Ola Cabs

15 dated milestones of Ola Cabs across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ola Cabs is founded.
  2. Funding First funding round of $156K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires TaxiForSure.
  5. Milestone Reaches Unicorn status.
  6. Acquisition Acquires Zipcash.
  7. Acquisition Acquires Geotagg.
  8. Acquisition Acquires Qarth.
  9. Acquisition Acquires Foodpanda.
  10. Acquisition Acquires Foodpanda India.
  11. Acquisition Acquires Ridlr.
  12. Acquisition Acquires Pikup.ai.
  13. Acquisition Acquires GeoSpoc.
  14. Funding Latest funding round, Series J, of $20.0M.
  15. Acquisition Acquires Avail Finance.

Competitors of Ola Cabs

Ola Cabs has 3 listed competitors in our database, 3 of them funded. They include Zomato, Swiggy and EatSure.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Zomato
zomato.com2008Gurugram, India$1.69B7,335
Online platform food ordering and delivery service
Swiggy
swiggy.com2014Bengaluru, India$3.62B4,953
Food and grocery items are ordered via an online network.
EatSure
eatsure.com2011Pune, India$214.5M6,171
Online food delivery service platform
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Detailed competitors of Ola Cabs

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Web traffic of Ola Cabs

The website of Ola Cabs (olacabs.com) receives about 1.7M visits a month and ranks #30,815 among all websites worldwide, #882 in Ground Transportation.

  • Monthly visits
    1.7M

    ▼ 2.7% vs previous month

  • Unique visitors
    885.3K

    per month

  • Global rank
    #30,815

    among all websites

  • Category rank
    #882

    Travel and Tourism · Ground Transportation

Similar websites

Websites whose visitors overlap most with Ola Cabs. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Uber
uber.com
100%
76.9M#487View details
Ola Electric
olaelectric.com
75%
3.6M#16,222View details
ConfirmTkt
confirmtkt.com
72%
10.3M#5,077View details
Easy Cabs
easycabs.com
62%
View details
merucabs.com
merucabs.com
62%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Road Transport Tech

3 companies that operate in the same segment as Ola Cabs (Road Transport Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Rapido
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 826.75 MUSD 19.11 M817
BluSmart
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
redBus
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M
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Articles about Ola Cabs on our blog

Frequently Asked Questions about Ola Cabs

Ola Cabs was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Ola Cabs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Bhavish Aggarwal is the CEO of Ola Cabs, as recorded in our data. They have also founded this company.

Ola Cabs is a funded company, having raised a total of $3.83B across 25 funding rounds to date. The company's 1st funding round was a Series I of $50.17M, raised on Apr 2011.

Ola Cabs has 2,473 employees.

The primary company behind Ola Cabs, Ola Electric Mobility Limited, reported revenue of ₹2,460 Cr for FY 2026, down 50% year on year.

A comprehensive mobility ecosystem is managed by Ola Cabs, covering ride-hailing services across 250 cities in India, Australia, New Zealand, and the UK. Solutions for daily commuting, outstation travel, and hourly rentals are provided. Additionally, electric scooters under Ola S1 are manufactured, and an e-commerce platform via Ola Stores is supported. Social impact initiatives through Ola Foundation are also undertaken, benefiting numerous families across India.

Ola Cabs's top competitors include Zomato, Swiggy and EatSure.

Ola Cabs offers Ola Cabs, Ola S1, and Ola Stores.

Yes, Ola Cabs is publicly traded on NSE under the ticker symbol OLAELEC.

Ola Cabs has made 11 acquisitions, including Avail Finance, Foodpanda, and Foodpanda India.

Ola Cabs has 133 investors. Key investors include Yes Bank, Didi, Tencent, SoftBank, and Delivery Hero.

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