the company’s ownership

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98% of Tiger Global’s Internet Fund III also has a significant stake in Ola. They hold 22.24 Crore shares, representing 6.03% ownership. Apart from the founder and CEO and the two significant funds mentioned above, several other institutional investors are involved in Ola. Promoter Group Entities, including ANI Technologies (Ola Cabs’ parent) and Indus Trust, collectively hold 4.35% and 3.85% ownership stakes, respectively. Among the significant institutional investors in Ola, Alpha Wave Ventures holds a 3.49% stake.


Matrix Partners India, through its two funds, has combined db center uk ownership of 3.51%. These institutions and mutual funds contribute to Ola’s diversified ownership structure. Ola Mission Statement Ola Mission Statement - Ola Business Model Ola’s mission statement is “to build mobility for a billion people.” How Ola works Ola’s business model is centered around connecting customers with drivers through a mobile app, making it easy for users to book a ride whenever and wherever they need it. The company uses technology and data to match customers with nearby drivers, providing them with a seamless ride-hailing experience.


To use Ola’s services, customers must first download the Ola mobile app and create an account. Once registered, customers can input their pickup and drop-off locations and choose from various ride options, such as Ola Micro, Ola Mini, or Ola Share, depending on their preferences and needs. Ola’s technology platform uses real-time data to match customers with available drivers in their vicinity. The app provides customers with information about the assigned driver, including the driver’s name, photo, vehicle details, and estimated arrival time. Customers can also track the driver’s location in real time as they make their way to the pickup point.