Ola Fleet Technologies Private Limited - Company Profile

It is a transport and logistics private limited company based in Bengaluru, Karnataka, India, established in 2012.

2012 Bengaluru, Karnataka, India Active

Last Updated: December 19, 2025

About Ola Fleet Technologies Private Limited

Ola Fleet Technologies Private Limited, a active private limited company, was established on 02 February 2012 in Bengaluru, Karnataka, India. Engaging in ride-hailing services within the support service to organizations sector, it holds CIN: U63090KA2012PTC157478. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹875.20 Cr and a paid-up capital of ₹856.01 Cr.

Formerly known as Apra Cabs India Private Limited. It upholds a compliant status. Employing 12 professional, Its leadership includes Harish Abichandani (Director), Ankush Aggarwal (Director), Ginni Singhal (Company Secretary). Past directors included Gaurav Porwal, Rahul Maroli, Anumod Sharma. It holds no open charges and ₹2,492.22 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at 2Nd Floor, Block C, Prestige Startech, Kormangala, Hosur Road, Bengaluru, Bengaluru, Karnataka, 560095.

Company Details

CIN/LLPIN
U63090KA2012PTC157478
Registration Number
157478
Incorporation Date
02 February 2012
Authorized Capital
₹875.20 Cr
Paid-Up Capital
₹856.01 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 875.20 Cr as on 19-12-2025
Paid Up Capital ₹ 856.01 Cr as on 19-12-2025
Company Age 14 Year,
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 2,492.22 Cr as on 19-12-2025
Revenue Growth **** -57.98% (FY 2023)
Profit Growth **** 17.17% (FY 2023)
Ebitda **** 58.87% (FY 2023)
Net Worth -39.38% (FY 2023)
Total Assets -31.77% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ola Fleet Technologies Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Ola Fleet Technologies Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Harish Abichandani	Director	21 May 2024	Current
Ankush Aggarwal	Director	21 May 2024	Current
Ginni Singhal	Company Secretary	05 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	21 Feb 2022	Past
Pramod Abcsdd	Additional Director	17 Aug 2016	Past
Pramod Abcsdd	Director	23 Feb 2015	Past
Pramod Abcsdd	Additional Director	30 Apr 2021	Past
Pramod Abcsdd	Additional Director	12 Oct 2021	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Ola Fleet Technologies.

Ola Fleet Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.98% decrease. The company also saw a substantial improvement in profitability, with a 17.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 39.38%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-57.98%

*******

Revenue from Operations

*******

-56.58%

*******

Total Assets

*******

-31.77%

*******

Profit or Loss

*******

17.17%

*******

Net Worth

*******

-39.38%

*******

EBITDA

*******

58.87%

*******

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What is the Ownership and Shareholding Structure of Ola Fleet Technologies?

In 2023, Ola Fleet Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹24,922,240,000.00

Charges Breakdown by Lending Institutions

Yes Bank Limited : 1350.00 Cr
Axis Bank Limited : 500.00 Cr
Others : 390.00 Cr
Hdfc Bank Limited : 200.00 Cr
Jp Morgan Chase Bank, N.A. : 50.00 Cr
Others : 2.22 Cr

Latest Charge Details

Date	Lender	Amount	Status
15 Feb 2022	Yes Bank Limited	₹100.00 Cr	Satisfied
25 Jan 2022	Axis Bank Limited	₹100.00 Cr	Satisfied
17 Jan 2022	Jp Morgan Chase Bank, N.A.	₹50.00 Cr	Satisfied
26 Aug 2021	Axis Bank Limited	₹100.00 Cr	Satisfied
09 Sep 2019	Others	₹150.00 Cr	Satisfied

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How Many Employees Work at Ola Fleet Technologies?

Ola Fleet Technologies has a workforce of 12 employees as of Feb 28, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ola Fleet Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ola Fleet Technologies's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ola Fleet Technologies

Recent Activity within the Organization

Director Appointment

Ginni Singhal was appointed as a Company Secretary was appointed as a Company Secretary on 05 Aug 2025 & has been associated with this company since 5 months 29 days . was recorded as a recent event.
05 Aug 2025
Director Appointment

The activity Gagandeep Singh was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jan 2025 & has been associated with this company since 1 year 17 days . was completed.
15 Jan 2025
Charges

Progress on A charge registered on 26 Aug 2021 via Charge ID 100479617 with Axis Bank Limited was fully satisfied on 09 Jan 2025. was documented.
09 Jan 2025
Annual General Meeting

Progress on Ola Fleet Technologies Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was documented.
26 Sep 2024
Director Appointment

Progress on Harish Abichandani was appointed as a Director was appointed as a Director on 21 May 2024 & has been associated with this company since 1 year 8 months . was documented.
21 May 2024
Director Appointment

Ankush Aggarwal was appointed as a Director was appointed as a Director on 21 May 2024 & has been associated with this company since 1 year 8 months . was recorded as a recent event.
21 May 2024

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