Ola financial services hived off from its parent ANI Technologies
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Home-grown ride-hailing service Ola is shifting its focus on the financial services, cloud kitchen and electric mobility as its core business is getting stagnant. Ola financial services have been hived off from its parent entity ANI Technologies as the company is planning to keep the financial services independent to raise separate capital from it. This will help Ola to look beyond cab-hailing services in the country.