One of the persons privy to the development said the Pune facility - which will be operational by the end of this quarter - will help create jobs for 1,000 skilled technology professionals over the next three years.
In June last year, Ola had opened an Advanced Technology Centre in San Francisco Bay to accelerate its work across electric and connected vehicles.
Pune is well-known for its tech talent and IT infrastructure, making it a favoured destination for many tech-led companies like Ola.
Ola has over 4,000 employees with about 1,500 of them in engineering roles.
Ola's rival Uber had also recently announced strengthening its engineering team in India. It has roped in Amazon veteran Manikandan Thangarathnam as senior director to lead all rider and platform engineering teams in Bengaluru.
Besides, the US-based company also plans to hire 85 more engineers in India in addition to its previous announcement of adding 140 engineers in the country.
Uber had said its overarching vision is to strengthen its tech capabilities, as it positions India as a technology hub, building and innovating for the world.
These hirings come just months after both Ola and Uber had announced job cuts after their business was impacted by the COVID-19 pandemic.
In May, Uber had announced laying off about 600 employees in India - about a quarter of its staff in the country, while Ola let go off 1,400 staff from its rides, financial services and food businesses.
With gradual unlocking of cities and businesses (following nearly two months of lockdown), businesses are now returning to normalcy.
The two ride hailing companies have announced a number of steps - including regular sanitisation of vehicles and mandatory wearing of masks by driver partners and riders - to ensure safety during rides.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.