Ola is India's largest ride-hailing app with about 60% market share in India. It was founded in 2011 and is headquartered in Bengaluru. Ola offers affordable transportation and has expanded to over 110 cities in India. The company determines fares using factors like base fare, distance, time, peak pricing, taxes, and tolls. Ola has raised over $3 billion in funding from investors like SoftBank, Tencent, RNT Capital, and Steadview Capital. While Ola has significantly grown its revenue, it also aims to improve the driver and customer experience through better technology, customer service, and vehicle quality and safety features.