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Ola Cabs, is an Indian ridesharing company offering services that include peer-to-peer ridesharing, ride service hailing, taxi and food delivery. The company is based in Bengaluru, Karnataka, India and was developed by ANI Technologies Pvt. Ltd. As of October 2019, Ola was valued at about $10 billion. A variety of venture capitalists including Softbank have large stakes in the company.Ola Cabs was founded on 3 December 2010 as an online cab aggregator in Mumbai, and is now based in Bengaluru. As of 2019, the company has expanded to a network of more than 15 lakh drivers across 250 cities. In November 2014, Ola diversified to incorporate auto rickshaws on a trial basis in Bengaluru.