The loan from YES Bank, as per the documents, is based on lease agreements between Ola Fleet and its partner drivers. This comes less than two months after cab booking company Ola invested about $ ...

"We started with the app showing the cabs available close by and then a few months ago we approached Uber and Ola (and TaxiForSure) to allow us to be able to facilitate their bookings as well ...

Bhavish Aggarwal, cofounder of Ola Cabs, said the company will now use its in-house navigation system, exiting Google Maps. This comes a month after Ola took its IT workload off Microsoft Azure.