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Posts Tagged ‘ ANI Technologies Pvt Ltd ’

Ola expands ride-sharing service to three more cities

Monday, September 26, 2016 | More »

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Cab-hailing startup Ola, run by ANI Technologies Pvt. Ltd, said on Monday it is expanding its ride-sharing service Ola Share to three more cities. By starting services to Chandigarh, Jaipur and Ahmedabad, Ola Share will be available in 10 cities across India, the company said. TechCircle had recentl...

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Ola shuts TaxiForSure unit, lays off up to 1,000 people

Cab-hailing company Ola has shut its TaxiForSure unit and is laying off as many as 1,000 employees, as the SoftBank Group Corp-backed firm tightens its belt to take on US-based rival Uber. According to at least half-a-dozen people with the direct knowledge of the development, about 90% of the staff ...

16 August, 2016 | More »

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Exclusive: Ola looks to acquire app-based bike taxi startups

Cab aggregator Ola is looking to acquire bike taxi operators in several cities, according to multiple people directly familiar with the matter, as the SoftBank-backed company aims to quickly expand in a segment that has vast growth potential in India’s traffic-choked cities. ANI Technologies Pvt. ...

11 August, 2016 | More »

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What UberChina’s merger with Didi Chuxing means for India

Uber Technologies Inc.’s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make life easier for the two companies but it makes things a bit complicated for India’s largest cab aggregator—Ola. For, San Francisco-based Uber will now have greater room...

1 August, 2016 | More »

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Exclusive: After licence, Ola gets show-cause notice from Karnataka govt

Homegrown cab aggregator Ola has received a show-cause notice from Karnataka’s transport department asking why its licence should not be cancelled under a new law for on-demand transportation companies. The development comes barely three weeks after Ola, run by ANI Technologies Pvt. Ltd, obtained ...

11 July, 2016 | More »

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Ola spent nearly Rs 100 crore to earn Rs 31 crore revenue a month in FY15

Ola, India’s largest on-demand cab hailing service, burnt as much cash as the country’s top three legacy online travel agencies—MakeMyTrip, Yatra and Cleartrip—put together in 2014-15, as it left no stone unturned to stave off competition from US-based rival Uber Inc. ANI Technologies Pv...

23 June, 2016 | More »

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Ola may become the first licensed app-based cab aggregator in India

Cab aggregator Ola, run by ANI Technologies Pvt. Ltd, is likely to get a licence from the Karnataka state road transport authority within a few days to operate app-based ride-hailing services in the state. This comes two months after the state government implemented the Karnataka On-demand Transport...

6 June, 2016 | More »

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With Ola Lux, one can book Jaguar for Rs 19 per km

Homegrown urban transport aggregator Ola has introduced luxury cars as part of its service offerings, sensing the potential for the luxury segment in in-city travel. With the new offering called Ola Lux, users can book luxury sedans Jaguar, Mercedes, Audi, BMW and Toyota Fortuner, among others. To s...

27 May, 2016 | More »

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Yatra to integrate cab aggregation with OTA platform; allow users to book Ola, Uber

Online travel agency Yatra.com will now allow users to book cabs from aggregators such as Ola and Uber through its mobile app, as it looks to provide more services to travellers that can add to its revenue. The app will also allow booking of outstation cabs and hiring self-drive cars, Gurgaon-based ...

26 April, 2016 | More »

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Uber cuts fares in 10 non-metros to take on Ola

Taxi aggregator Uber has cut fares by up to 22 per cent in 10 non-metro cities including Pune and Ahmedabad, a move that will intensify competition with domestic rival, Ola. While fares have been slashed by 9 per cent in cities like Indore and Nagpur, the same has been cut by 22 per cent in [&hellip...

12 April, 2016 | More »

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