by ANI Technologies Pvt Ltd
Ola Cabs (now branded Ola Consumer) is India's largest homegrown ride-hailing platform, founded in 2010 by Bhavish Aggarwal under ANI Technologies Private Limited, CIN U72900KA2010PTC086596, registered in Koramangala, Bengaluru. Ankit Bhati is widely reported in the press as co-founder; Ola Electric's SEBI-filed prospectus names only Bhavish Aggarwal, and confirms he is still Chairman and Managing Director of ANI Technologies. Ola's own Google Play listing, updated 7 August 2026, claims "over 40 Million Trusted users across 200+ cities in India" — note that olacabs.com's homepage still advertises the older "250+ cities" across India, Australia, New Zealand and the UK, copy that has not been updated since Ola closed its UK, Australian and New Zealand operations in April 2024. Ola's key differentiator in the Indian market is its breadth of ride options — from budget auto-rickshaws and bike taxis to premium sedans and SUVs, plus hourly rentals, outstation trips and parcel delivery. The platform uniquely caters to Indian commuting needs with auto booking (a category Uber initially ignored), outstation one-way trips, and rental by the hour. On driver economics, Ola was reported in June 2025 to have moved nationwide to a zero-commission model with drivers paying a subscription of roughly ₹67 a day instead of a per-ride cut. That is press-reported: Ola has published no current statement confirming it remains in force, and Ola's own driver app listing, updated 7 August 2026, still describes "low commission rates" rather than none. The Ola app is free to download and use. Riders pay per-ride fares; Ola's terms define the "Total Ride Fee" as the fare plus a convenience fee, any cancellation fee, any additional fee and taxes, with the convenience fee set "at the sole and absolute discretion of Ola". Payment can be cash, UPI, card or Ola Money — though Ola Money itself was reduced to a Small PPI wallet from 1 April 2024, capped at ₹10,000 a month with no peer-to-peer transfers or bank withdrawals. Compared to Uber, Ola offers more vehicle categories suited to Indian conditions. Press reporting through 2025 places Rapido ahead of Ola in several segments, though the underlying market-share percentages are unattributed industry estimates and are disputed between sources. Bhavish Aggarwal has increasingly focused on Ola Electric (EV scooters) and Krutrim (AI) — separate companies from ANI Technologies. Best suited for daily commuters in Indian cities who need affordable, multi-modal ride options including autos and bikes. Ola's coverage in tier-2 and tier-3 cities exceeds Uber in many regions. The biggest pain points are frequent driver cancellations (especially for short trips), unreliable GPS tracking and ETAs, and automated customer support that rarely resolves issues. Users in metro cities may find Uber or Rapido more reliable for specific segments.
ANI Technologies Pvt Ltd
4.6/5 on Google Play Store — JSON-LD aggregateRating 4.62 (displays 4.6) from 35.3 lakh (3,528,732) ratings, 100M+ downloads, package com.olacabs.customer, gl=IN — re-checked 29 Aug 2026. Previous entry said 3,518,911. · Last verified 2026-08-09
Ola Cabs is run by ANI Technologies Private Limited, an Indian company. Ola's own customer terms give its corporate identity number as U72900KA2010PTC086596 and a registered office at Regent Insignia, #414, 3rd Floor, 4th Block, 17th Main, 100 Feet Road, Koramangala, Bengaluru 560034. That CIN decodes to a company registered in Karnataka, India, in 2010 — KA is the state, 2010 the year. Google Play lists the app's publisher as “Ola (ANI TECHNOLOGIES PRIVATE LIMITED)”. Who holds the shares is a separate and less clear question: ANI Technologies is unlisted and does not publish a shareholder register, so the split between Indian and foreign investors is not public, and any specific percentage you see quoted is an estimate rather than a filed figure. Founder Bhavish Aggarwal remains Chairman and Managing Director of ANI Technologies — a fact stated in Ola Electric's prospectus filed with SEBI. So Ola is Indian-founded, Indian-incorporated and Indian-run, with foreign investors of an undisclosed size.
There is no full form. “Ola” is not an abbreviation and ANI Technologies has never published an expansion of it — no such expansion appears anywhere on olacabs.com. The legal company name is ANI Technologies Private Limited; “Ola” is only the brand it trades under. The word itself is a common greeting in Spanish and Portuguese, but the company has not stated why it picked the name, so anyone telling you what the letters stand for is inventing it. One thing worth knowing: the Ola brand now spans two separate companies. Ola Cabs, the ride-hailing app, is ANI Technologies Private Limited. Ola Electric, the electric scooter maker, is Ola Electric Mobility Limited. Same founder, different companies, different shareholders — news about one is regularly mistaken for news about the other.
2010. The clearest source is not a news article but a legal filing: Ola Electric's Red Herring Prospectus, filed with SEBI, states that Bhavish Aggarwal “founded Ola Cabs, a ride hailing platform operated by ANI Technologies Private Limited in 2010 and is currently the Chairman and Managing Director of ANI Technologies Private Limited”. The company's own corporate identity number, U72900KA2010PTC086596, carries the same 2010 registration year. Ankit Bhati is widely reported in the press as co-founder, though that SEBI filing names only Bhavish Aggarwal. Aggarwal holds a bachelor's degree in computer science and engineering from IIT Bombay, per the same document. The app has since grown well past cabs — today's Ola app covers auto-rickshaws, bike taxis, Mini through Prime SUV cabs, hourly rentals, outstation trips and parcel delivery.
Not the one most people mean. Two different Ola companies exist and only one is listed. Ola Electric Mobility Limited — the electric scooter business, CIN L74999KA2017PLC099619 — completed an IPO and trades on the NSE and BSE; the L that begins its CIN marks it as a listed company. ANI Technologies Private Limited, which runs Ola Cabs, is not listed: its CIN begins with U for unlisted, and no draft prospectus for it appears on SEBI's public issues filings page. The two are legally separate but related — Ola Electric's prospectus lists ANI Technologies in its Promoter Group, holding 4.35% of Ola Electric before the offer, with Bhavish Aggarwal as Promoter holding 36.94%. Press reported in late 2024 that ANI Technologies' shareholders approved dropping “Private” from the company name ahead of a possible listing; as of August 2026 no draft prospectus has surfaced on SEBI's site, and Google Play still names the publisher “ANI TECHNOLOGIES PRIVATE LIMITED”. If you see OLAELEC on a stock screen, that is the scooter company, not the cab app.
No. The Indian ride-hailing app is live and actively maintained — its Google Play listing was last updated on 7 August 2026 and it holds a 4.6 rating from 35.2 lakh ratings, with 100 crore-plus downloads. What did shut down was Ola's business outside India: it closed ride-hailing operations in the United Kingdom, Australia and New Zealand in April 2024, with an Ola spokesperson quoted in press coverage at the time saying the company had “decided to shut down our overseas ride-hailing business in its current form in the U.K., Australia and New Zealand”. Ola's own website has not caught up — olacabs.com still advertises “250+ cities” covered “Across India, Australia, New Zealand and the UK”, while the Play Store listing Ola updated this month says “200+ cities in India”. Ola Money, its wallet, was cut back rather than closed: from 1 April 2024 full-KYC wallets were suspended and users moved to a Small PPI capped at ₹10,000 a month, with peer-to-peer transfers and bank withdrawals no longer permitted.
The app is free to download and there is no membership charge. What you pay for is the ride. Ola's own terms define the “Total Ride Fee” as the fare plus a convenience fee, any cancellation fee, any additional fee and applicable taxes — and they state that the convenience fee, Ola's own service charge, is set “at the sole and absolute discretion of Ola”. A cancellation fee applies if you cancel more than five minutes after a cab is allotted, or if the driver waits more than ten minutes at the pickup point; it is waived if the driver is more than five minutes late. You can pay by cash, UPI, card or Ola Money, and the app runs an Ola Coins rewards scheme. On the driver side, Ola was reported in June 2025 to have moved nationwide to a zero-commission model with drivers paying roughly ₹67 a day (about ₹2,010 a month) instead of a per-ride cut. That is press-reported: we found no current statement from Ola confirming it is still in force, and Ola's own driver app listing, updated 7 August 2026, still describes “low commission rates” rather than none.
Ola's pitch is breadth. Its own Play Store listing claims “over 40 Million Trusted users across 200+ cities in India” and a range no single rival matches end to end: auto-rickshaws, bike taxis, Mini through Prime SUV cabs, hourly rentals, outstation trips and parcel delivery. Uber is strongest in metro cabs; Rapido started in bike taxis and has pushed hard into autos and cabs. On market position, press reporting through 2025 placed Rapido ahead of Ola in several segments — Forbes India in September 2025 quoted Uber's chief executive saying “Ola used to be our main competition. Now, the tougher competition in India is Rapido” — but the underlying share percentages are unattributed industry estimates and are disputed even between the sources quoting them, so treat exact numbers with caution. Practically: Ola tends to be the better bet in tier-2 and tier-3 cities where Uber's coverage thins; in dense metro traffic Rapido's bike taxis are usually fastest and cheapest; Uber is generally the most consistent for cabs. All three apps are free, and all three are press-reported to have shifted at least partly from pure commission to driver subscriptions.
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Moving Tech Innovations Private Limited
Namma Yatri — the Indian Uber alternative and India's first open-source, zero-commission ride-hailing app for autos and cabs, built by Bengaluru-based Moving Tech Innovations Pvt Ltd on ONDC's Beckn network. Drivers keep 100% of the fare and pay a flat subscription, not a per-ride commission. 1.63 crore users and 7.71 lakh drivers per its own open-data dashboard; live in Bengaluru, Delhi, Chennai, Hyderabad, Kochi, Mysuru and Tumakuru. Code public under AGPL-3.0. Best for Bengaluru commuters.
Roppen Transportation Services Pvt Ltd
Rapido is India's largest bike-taxi platform, founded in 2015 by Aravind Sanka, Pavan Guntupalli, and Rishikesh SR under Bangalore-based Roppen Transportation. Offers bike taxis, auto-rickshaws, cabs, parcel (Rapido Parcel), and food delivery (Ownly). 75M+ customers across 500+ cities with 1B+ rides completed. In early 2026 hit 31.8M MAU, overtaking Ola for the first time. Best for budget-conscious commuters needing quick, affordable intra-city rides.
ConfirmTkt (ixigo / Le Travenues Technology Limited)
ConfirmTkt is an IRCTC-authorised train booking app built by Bengaluru-based ConfirmTkt, now part of ixigo (Le Travenues Technology). Its standout feature is ML-powered waitlist prediction — it estimates the confirmation odds of a waitlisted ticket before you book — plus alternate-train suggestions, free PNR status tracking, Tatkal booking and an AI Seat Finder. Free to use with convenience fees on bookings. Best for Indian rail travellers gambling on waitlisted tickets.
Easy Trip Planners Limited
EaseMyTrip is India's second-largest OTA, founded in 2008 by Nishant and Rikant Pitti and listed on NSE/BSE since 2021. Books flights, hotels, buses, trains, holidays, cabs, and travel insurance for 2.6 crore+ customers. Its hallmark zero convenience fee policy on flights saves up to ₹400 per passenger per sector. Lean marketing spend (1.1% of bookings) keeps prices low. Best for budget-conscious Indian travellers prioritizing price over UI polish.
Indian Railway Catering and Tourism Corporation (IRCTC)
IRCTC Rail Connect — the official Indian Railways train booking app from the Government of India's IRCTC. 100M+ Play Store downloads, 3.4 stars. Book reserved tickets across General, Tatkal, Premium Tatkal, Ladies, Divyangjan and Senior Citizen quotas; check PNR status, schedules, seat availability and waitlist probability. UPI, IRCTC eWallet, BNPL and EMI supported. The only direct-to-railway app — ixigo, ConfirmTkt and other agents route through it and add a charge none of them publishes.
Le Travenues Technology Limited
ixigo is India's second-largest OTA by FY23 revenue, founded 2007 in Gurugram by IIT Kanpur alumni Aloke Bajpai and Rajnish Kumar. Parent Le Travenues Technology has been NSE/BSE-listed since June 2024. Group apps cover flights, trains (via ConfirmTkt), buses (via AbhiBus) and hotels — 21 crore+ registered users, 54 crore+ downloads, ~51% rail booking market share. AI-led trip planner, free to use, revenue from commissions. Best for tier-2/3 travellers booking rail and bus.
