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Ola Cabs Exits Global Markets; Sees Immense Potential In India

Ride-hailing giant Ola said it has "reassessed priorities" and has decided to shutter its overseas ride-hailing business altogether from three international markets, viz., the UK, Australia and New Zealand, by the end of this month, to concentrate on the domestic market.

United kingdomNew zealandHemant bakshiOla mobilityAni technologies pvt ltd

ANI Technologies FY23 Revenue Surpasses INR 2,500 Cr Mark

ANI Technologies, the parent company of India's Ola, has reported a financial performance for the fiscal year ended March 31, 2023 (FY23)

Ani technologies pvt ltdOla financial servicesPvt ltdUber indiaFleet technologiesFinancial services

Ola Cabs Loss Widens To Rs 3,082 Crore In FY22

Ride-hailing company Ani Technologies Pvt Ltd, popularly known as Ola Cabs, saw its loss widening to Rs 3,082 crore in 2021-22, according to financial data accessed by business intelligence platform Tofler.

New zealandUnited kingdomAni technologies pvt ltdOla cabsTechnologies pvt ltdOla cabs loss

Ride-hailing company Ola Cabs loss widens to Rs 3,082 crore in FY22

Ride-hailing company Ola Cabs loss widens to Rs 3,082 crore in FY22
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Ola parent rebrands quick commerce biz as Ola Dash

It also aims to set up 500 so-called dark stores, or warehouses that do not have retail storefronts, in the next six months across 20 Indian cities.

Ani technologies pvt ltdOla dashDark stores

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