Business Chief APAC+ANZ Magazine January 2020 | Page 81

TOP 10

CEO BHAVISH AGGARWAL

2011

YEAR FOUNDED

HQ

BENGALURU INDIA

81 08 Ola

TRANSPORTATION

Ola was founded in Mumbai , India in 2011 . Like other ride-hailing apps , it has branched out into the food delivery market , acquiring the Indian business of Foodpanda in 2017 . In June , the company ’ s electric mobility business received $ 250mn of funding from Japanese conglomerate and serial investor SoftBank . The past year has seen the company ’ s ride-hailing business expand outside of India , opening offices in Australia , New Zealand and the UK .
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