Mobility company Ola has announced that Georgina Owens will join the Ola UK board as an Independent non-executive Director. Georgina brings decades of senior technology and IT leadership experience from high-growth and major established businesses across multiple sectors. She will bring her significant expertise and provide corporate governance and strategic guidance as Ola continues to build world…
Tag: Ola
Ola strengthens its leadership team, hires talent across businesses
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•Ola, India’s mobility platform, has announced key leadership appointments across Ola Financial Services, Ola Cars, and Ola Electric. The announcement said that the appointments are a continuation of Ola’s drive to attract the best global talent to realise its vision of New Mobility which encompasses New Mobility Services. Announcing the new appointments, Bhavish Aggarwal, Founder…
Ola Cars draws up growth plans, to hire 10,000 people
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•Ola, India’s mobility platform, has planning to hire 10,000 new people, as it eyes a market leadership position with $2 Billion GMV for its vehicle commerce platform Ola Cars over the next 12 months. Ola Cars has already sold 5,000 pre-owned cars in its first full month of operation, the company said in a statement.…
Ola launches its Vehicle Commerce Platform – Ola Cars, appoints Arun Sirdeshmukh as CEO
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•Ola, India’s mobility platform, has announced Ola Cars, its new vehicle commerce platform that will provide vehicle purchase and ownership experience to consumers. The announcement said, “Ola Cars will enable consumers to purchase both new and pre-owned vehicles through the Ola App. It will offer a bouquet of services to customers, beginning with purchase, vehicle…
Ola expands leadership team with appointment of new CFOs
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•Ola, one of the world’s leading mobility companies, announced expansion of its leadership team with the appointment of two Chief Financial Officers. G. R. Arun Kumar joins as the Group CFO for Ola & CFO for Ola Electric, while Swayam Saurabh has come in as CFO for Ola’s Mobility, Financial Services and Foods businesses. Having worked across varied consumer and…
Rakesh Bhardwaj appointed Group CIO at Ola
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•Rakesh Bhardwaj has joined mobility platform Ola as Global Chief Information Officer. He will be based out of Bengaluru and will report to the company’s co-founder and CEO, Bhavish Aggarwal. In this new role, Bhardwaj will be working closely with businesses and partners, providing strategic direction to Ola’s process and technology initiatives, which will cover…
Zolve appoints Ola’s former Chief Architect as their new Head of Engineering
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•Zolve has announced the appointment of Ola’s former Chief Architect Natraj Choudhury as their new Head of Engineering. The move was facilitated by bespoke CTO search firm Purple Quarter. Natraj has previously worked for Ola, where he was part of the team that designed and developed the blueprint of Ola’s mobility, fleet management, payments, marketing,…
Ola to set up world’s largest scooter factory in Tamil Nadu, create nearly 10,000 jobs
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•Mobility platform Ola announced it has signed the MoU with the Tamil Nadu government for an investment of 2,400 crores in setting up its first factory in the state. Upon completion, the factory will create almost 10,000 jobs and will be the world’s largest scooter manufacturing facility, which will initially have an annual capacity of…
Ola ropes in Julien Geffard to lead Europe operations for its Electric Business
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•Ola has appointed Julien Geffard as the Director of Go-To-Market Strategy for its electric business in Europe, as the company gears up to bring range of electric scooters to Europe in the coming months. He will be based out of the company’s Amsterdam office. To cater to the global demand from customers around the world,…
Ola appoints Jose Pinheiro as Head of global operations for its electric business
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•Ola announced it has appointed GM veteran Jose Pinheiro as its Head of Global Manufacturing and Operations for its Electric Business. In this new role, Jose will spearhead Ola’s ambitions to build world class manufacturing facilities starting with the world’s largest scooter factory, and then expanding to multiple such facilities across India. These facilities will…
Ola Foundation enables over 1 crore meals to driver-partners’ families
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•Ola Foundation, the social welfare arm of Ola, released a report detailing the impact of the ‘Drive The Driver’ fund and its efforts in assisting driver-partners and their families during the ongoing COVID crisis. Launched in March, the fund assisted the driver community through contributions from the Ola Group, its employees, Bhavish Aggarwal, co-founder and…
Ola takes enterprise solution ‘Ola Corporate’ to global markets with safety measures
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•Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies, announced that it has rolled out ‘Ola Corporate’ across Australia, New Zealand, and the United Kingdom. The milestone development follows the success of the category in the Indian market, which has been adopted by some of India’s leading companies with millions of…
Ola commits Rs500 cr for safety initiatives globally
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•Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies, announced that it has committed a sum of Rs 500 crores over the next year towards various initiatives globally, to enhance safety in mobility in our fight against COVID-19. Ola has resumed operations across the country and is now available in 200+…
Ola Financial Services CEO Nitin Gupta quits as the company raises ₹200Cr
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•Ola Financial Services, the financial arm of ride-aggregator Ola cabs recently announced that it has raised ₹200Cr in fresh funding from Matrix Partners and Falcon Edge. According to regulatory filings, Gemini Investments LP, Arun Sarin’s family office, and Alpha Wave Holdings also participated in the round.The company is currently in its fundraising mode and is…
Ola to lay off 1,400 employees as pandemic dries up revenues
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•Indian unicorns are now struggling to keep their businesses afloat. Layoffs and salary cuts have now become a daily news from these new-age startups. Joining the likes of Swiggy, Zomato, and Uber, ride-hailing Indian unicorn Ola has decided to lay off staff. In a company blog post written by the CEO Bhavish Aggarwal, it was…