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Hitching a ride: After Uber, rival Ola to make Dubai its next pit stop

Ola, which has been eyeing a $1.5-2 billion funding round, Dubai also opens up a set of investors

Ola
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Ola has for long been on the lookout for a mega round that would help it expand operations not only in India but abroad too

Patanjali PahwaKaran Choudhury Mumbai/Bengaluru
Even as global cab-aggregating giant Uber gives final touches to its mega $3.1-billion deal to buy West Asia’s ride-hailing app Careem, its arch-rival in India, Bengaluru-based Ola, is making plans to enter Dubai.
 
In its quest to take on Uber globally, the Bhavish Aggarwal-led firm is set to make Dubai its next pit stop, it is learnt.
 
According to sources, the company has sent teams to the Gulf state at least twice over the past year to explore the option of adding it to its growing list of markets, said two people with knowledge of Ola’s operations.