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2021 (5 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Ola
Company Information
Get to know Ola
Founded in 2010 by Bhavish Aggarwal and Ankit Bhati, Ola is one of the world's largest ride-hailing companies, headquartered in Bengaluru, India. The company's mission is to build mobility for a billion people. It began as a cab aggregator service and has since expanded its offerings to include auto-rickshaws, bikes, and outstation travel. Beyond its core mobility services, Ola has diversified into electric vehicle manufacturing through Ola Electric and offers digital payment solutions with Ola Money.
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