About Ola Financial Services Private Limited
Data last updated: 05 January 2026
Ola Financial Services Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Ani Technologies Private Limited. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 24 February 2007, the company has been in operation for over 19 years.
Registered with ROC Bangalore under CIN U22219KA2007PTC127705.
Capital: an authorised share capital of ₹4.93 Cr and a paid-up capital of ₹4.21 Cr. Formerly known as Zipcash Card Services Private Limited. It is led by directors including Harish Abichandani and Bhavish Aggarwal.
Last AGM: 26 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore South, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹265.39 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 125 employees as per the latest available data. It operates as a subsidiary of Ani Technologies Private Limited. Its group structure includes 1 subsidiary.
The company is associated with 3 brands - Ola Cabs, Ola Money, Zipcash. As per MCA filings, the company has open charges of ₹79.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zipcash.in.
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Registered AddressOla Campus C Wing, Prestige Rmz Startech Kormangala, Bangalore South, Karnataka, India – 560095
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IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ola Financial Services Private Limited
Ola Financial Services Private Limited has one previous CIN (Corporate Identification Number): U22219MH2007PTC168132. The current CIN is U22219KA2007PTC127705, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22219KA2007PTC127705 | Current |
| U22219MH2007PTC168132 | Previous |
Associated Brands with Ola Financial Services Private Limited
Ola Financial Services Private Limited operates multiple associated brands including Ola Cabs, OLA Money, and Zipcash. These brands represent Ola Financial Services Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Ride-hailing, electric vehicles, and financial solutions are provided via app. | olacabs.com | |
| Digital financial products and services are provided by OLA Money. | olamoney.com | |
| Mobile-based prepaid instruments and vouchers are provided for payments. | zipcash.in |
Competitors & Alternatives of Ola Financial Services Private Limited
Brands and companies operating in the same space as Ola Financial Services Private Limited include Zomato, Paytm, Swiggy and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Zomato
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Online platform food ordering and delivery service | Gurugram, India, India | 2008 |
Paytm
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Digital payments, financial services, and e-commerce platforms are provided. | Noida, India, India | 2000 |
Swiggy
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Food and grocery items are ordered via an online network. | Bengaluru, India, India | 2014 |
PhonePe
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Payment, financial, investment, and lending services are provided digitally. | Bengaluru, India, India | 2012 |
MobiKwik
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Operator of platform for online mobile, DTH recharge, and bill payments | Gurugram, India, India | 2009 |
MoneyGram
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Cross-border payments are enabled via wallet solutions for consumers. | Dallas, United States, United States | 1940 |
EatSure
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Online food delivery service platform | Pune, India, India | 2011 |
YouTrip
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NFC-enabled travel cards and wallets are provided for travelers. | Singapore, Singapore, Singapore | 2018 |
FreeCharge
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Digital wallet services for bill payments and recharges are facilitated. | Gurugram, India, India | 2010 |
Citrus Pay
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Online payment app for consumers and businesses | Mumbai, India, India | 2011 |
Business Activity of Ola Financial Services Private Limited
Ola Financial Services Private Limited is engaged in the principal business activity of information and communication, with detailed activities including data processing, hosting and related activities; web portal, other information & communication service activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Ola Financial Services Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Ola Financial Services Private Limited
Ola Financial Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | Locked | Locked | Locked |
Complete auditor history for Ola Financial Services Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Ola Financial Services Private Limited
Ola Financial Services Private Limited is currently managed by 5 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Harish Abichandani
Also directs:
Krutrim Cloud Private Limited, Krutrim Ai Private Limited, Wildr Technologies Private Limited and 3 more
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Director | 14 Feb 2024 | 2 Years 6 Months | Current |
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Bhavish Aggarwal
Also directs:
Ola Electric Mobility Limited, Krutrim Silicon Private Limited, Ola Cell Technologies Private Limited and 5 more
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Director | 03 Feb 2020 | 6 Years 6 Months | Current |
| Arun Sarin | Director | 03 Feb 2020 | 6 Years 6 Months | Current |
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Krishnamurthy Venugopala Tenneti
Also directs:
Bhavishya Lakshmi Ventures Llp, Indegene Limited, Ola Electric Mobility Limited and 5 more
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Director | 03 Feb 2020 | 6 Years 6 Months | Current |
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Ankush Aggarwal
Also directs:
Pisces Eservices Private Limited, Aa Family Office Llp, Ola Fleet Technologies Private Limited and 1 more
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Director | 13 Jun 2022 | 4 Years 2 Months | Current |
Financials of Ola Financial Services Private Limited FY 2024 filings available
Ola Financial Services Private Limited reported revenue of ₹265.39 Cr (up 176.00% YoY) for FY 2024.
Ten-year financial statements for Ola Financial Services Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Ola Financial Services Private Limited
Shareholding and ownership data for Ola Financial Services Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Group Structure of Ola Financial Services Private Limited
Ola Financial Services Private Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Ola Financial Services Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ola Capital Services Private Limited | U65929KA2019PTC123329 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Ola Financial Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Dec 2014 | Others | ₹79.76 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ola Financial Services Private Limited
Ola Financial Services Private Limited has a workforce of 125 employees as of Apr 08, 2024.
Employee and EPFO history for Ola Financial Services Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Ola Financial Services Private Limited
GST registrations and filing compliance for Ola Financial Services Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Ola Financial Services Private Limited
Credit ratings, litigation, and regulatory alerts for Ola Financial Services Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Ola Financial Services Private Limited
MSME payment history for Ola Financial Services Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Ola Financial Services Private Limited
Corporate group structure for Ola Financial Services Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Ola Financial Services Private Limited
MCA filings and documents for Ola Financial Services Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Ola Financial Services Private Limited
Recent News on Ola Financial Services Private Limited
Frequently Asked Questions about Ola Financial Services Private Limited
Ola Financial Services Private Limited is an active private limited company in the financial services sector based in Bangalore South, Karnataka, India. It was incorporated on 24 February 2007 (19+ years old) and is registered under CIN U22219KA2007PTC127705. The company has 125 employees.
Ola Financial Services Private Limited reported revenue of ₹265.39 Cr for FY 2024 (up 176.00% YoY).
The current directors of Ola Financial Services Private Limited are:
- Harish Abichandani - Director
- Bhavish Aggarwal - Director
- Arun Sarin - Director
- Krishnamurthy Venugopala Tenneti - Director
- Ankush Aggarwal - Director
The primary industry of Ola Financial Services Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Ola Financial Services Private Limited can be reached at the registered office: Ola Campus C Wing, Prestige Rmz Startech Kormangala, Bangalore South, Karnataka, India – 560095, or through the website zipcash.in.
The authorised capital is ₹4.93 Cr, and the paid-up capital is ₹4.21 Cr.