About Ola Wheels
Ola Wheels is a company based in India founded in 2017. It operates as a B2C. The company has 658 employees as of March 31, 2024. Ola Wheels operates in a competitive market with competitors including Ecoryds, Hover, Qquick, Bikers Enclave and ElekGo, among others.
- Headquarter India
- Employees 658 as on 31 Mar, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Ani Technologies Private Limited
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$257.42 M (USD)-11.2as on Mar 31, 2024
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Net Profit
$-38.38 M (USD)57.46as on Mar 31, 2024
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EBITDA
$23.96 M (USD)299.49as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
658
as on Mar 31, 2024
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Funding Insights of Ola Wheels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Ola Wheels
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ola Wheels
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ola Wheels Comparisons
Competitors of Ola Wheels
Ola Wheels operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecoryds, Hover, Qquick, Bikers Enclave and ElekGo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ecoryds offers an online platform for renting electric scooters, promoting convenient urban mobility.
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| domain | founded_year | HQ Location |
Solutions for online streaming management are provided to gamers.
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| domain | founded_year | HQ Location |
Operates a station-based electric scooter sharing service for convenient urban mobility.
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| domain | founded_year | HQ Location |
An online platform for bike rentals, providing convenient access to vehicles for users.
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| domain | founded_year | HQ Location |
Provides an app-based rental service for electric kick-scooters, promoting sustainable urban mobility.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ola Wheels
When was Ola Wheels founded?
Ola Wheels was founded in 2017.
Where is Ola Wheels located?
Ola Wheels is headquartered in India.
How many employees does Ola Wheels have?
As of Mar 31, 2024, the latest employee count at Ola Wheels is 658.
What is the annual revenue of Ola Wheels?
Annual revenue of Ola Wheels is $257.42M as on Mar 31, 2024.
What does Ola Wheels do?
Ola Wheels operates an app-based platform for electric self-balancing scooter rentals through providing transportation services, sharing economy, providing rental services, and electric scooters. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.