Ola’s parent ANI Technologies posts Rs 2,800 crore revenue in FY23

Ola’s parent entity ANI Technologies reported revenue of Rs 2,799 crore, a 42 per cent growth, during the fiscal year ending March 2023 as compared to Rs 1,970 crore in FY22, as per the audited consolidated financial results.

The firm also has cut down its losses by nearly 50 per cent to Rs 772 crore during FY23 compared to Rs 1,522 crore in FY22, according to media platform Entrackr.

Ola operates various verticals such as mobility, financial services, and cab-hailing business.

Ola Money, which operates as a financial services platform, reported a revenue of Rs 85.5 crore in FY23. It posted a loss of Rs 54.6 crore.