Ola Cabs
Indian ride-hailing giant — launched London 2018 with TfL PHV licence, withdrew from the entire UK market in August 2023 to focus on India.
Key facts
FAQs
Is Ola still operating in London?
No — Ola Cabs withdrew from the entire UK market on 11 August 2023 to focus on its core Indian business. The app no longer accepts UK bookings; former Ola drivers have migrated to Uber, Bolt and FREE NOW.
Why did Ola leave the UK?
Ola cited 'changing economic conditions' and a strategic refocus on India where it remains the market leader. UK competition from Uber and Bolt — both with deeper pockets and larger fleets — also made profitability difficult.
Will Ola return to London?
There is no announced plan to re-enter the UK or any European market. Ola's parent ANI Technologies is now focused on Indian ride-hailing plus its EV manufacturing arm (Ola Electric) which IPO'd in 2024.
What were Ola's prices in London?
Ola positioned itself slightly below Uber and Bolt (typically 5–10% cheaper) with no surge pricing, but limited fleet size meant longer wait times outside Zones 1–2.
What ride app should I use instead of Ola?
Uber and Bolt are the two largest PHV alternatives with London-wide coverage. FREE NOW is best if you prefer licensed black cabs. Wheely or Addison Lee for premium/business needs.