Ola Cabs has rebranded to Ola Consumer, expanding beyond mobility to offer a range of consumer services. CEO Bhavish Aggarwal announced the relaunch of the ride-sharing service Ola Share in Bengaluru and introduced new features like Ola Credit for low-cost loans and Ola Pay for UPI-based payments.
The company is doubling down on its partnership with ONDC to reduce intermediary costs and launched automated dark stores to enhance logistics. Ola is also intensifying efforts to electrify last-mile delivery, aiming to cut logistics costs by 50%.