Ola cabs is a online cab network company based in India. OlaCabs is commonly known as Ola. Ola started as an online cab aggregator in Mumbai, now based out in Bangalore.
Ola cab was founded by Bhavish Aggarwal (currently CEO) and Ankit Bhati on 3rd of December 2010. The company has expanded to a network of more than 200,000 cars across 85 cities by 2014. In November 2014, Ola expanded to incorporate autos on-trial basis in Bangalore. Post the trial phase, Ola Auto expanded to other cities like Delhi, Pune and Chennai starting December 2014. In December 2015, Ola expanded it's auto services in Chandigarh, Indore & Jaipur. Ola was valued at $5 billion as of September 2015.