Ola
Ola is India's homegrown Uber rival.
Asia layoff tracker: Lazada cuts 5% of regional workforce
Tech firms are dismissing staff to stay afloat as headwinds hit Asia. This layoff tracker is keeping tabs on marching orders.
Duc Tran · · 2 min read
Ola Electric reportedly cuts office footprint to reduce costs
Ola surrendered over 112,000 sq ft at Prestige-RMZ Startech, now occupied by Accenture.
Diya Lal · · 2 min read
Ola’s Krutrim cuts nearly 50 linguistics staff in third layoff
Krutrim reported that the layoffs are part of a strategic realignment and a data annotation project involving in-house linguistics has concluded.
Grace Priscilla Teo · · 2 min read
Ola rolls out zero commission model across India
Ola’s zero commission model allows drivers unlimited rides for a monthly fee of US$24.12.
Aiko Gao Ishida · · 2 min readOla confirms death of 24-year-old Krutrim engineer
The company described him as a valued colleague and expressed deep condolences over his passing.
Naomi Li Gan · · 2 min readOla’s AI unit faces criticism after engineer’s reported suicide
A Reddit post claimed Somwanshi faced significant work pressure.
Naomi Li Gan · · 3 min readIndian ride-hailing startup Rapido tests non-AC cab feature
The new non-AC cab feature is currently being tested in Bengaluru as part of a beta phase.
Aiko Gao Ishida · · 2 min readOla’s AI startup Krutrim denies $300m funding claims
Krutrim, Ola’s AI division, insists it is not seeking external equity funding despite reports.
Grace Priscilla Teo · · 3 min readOla founder eyes $300m funding for AI startup Krutrim
This fundraising target is lower than the previously planned US$500 million due to weaker investor interest.
Diya Lal · · 2 min readFlipkart co-founder said to sell Ola stake
Sachin Bansal’s US$100 million Ola investment in 2019 was his largest personal stake to date.
Grace Priscilla Teo · · 1 min read