Ola’s next stop: Scaling up fintech, logistics, e-commerce businesses

ANI Technologies, the parent company of ride-hailing service Ola Cabs, is looking at building a “profitable allied ecosystem” riding on next-generation technologies, including artificial intelligence (AI) and Cloud.

This includes scaling up various businesses such as ride-hailing, financial services, logistics, and e-commerce in the next few months, according to sources.

“Globally, the ride-hailing industry is going through a lot of transformation and disruption due to new technologies such as AI,” said a person familiar with Ola’s strategy.