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Posts Tagged ‘ Bhavish Aggarwal ’

Should the government pay heed to Flipkart’s & Ola’s call for protection?

Thursday, December 8, 2016 | More »

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A nationalistic fervour has taken over the Indian startup world with two of the largest homegrown consumer internet companies seeking protection from resourceful global rivals. Co-founders of Flipkart and Ola have demanded a level-playing field for domestic companies and even suggested blockades aga...

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Flipkart’s Sachin Bansal and Ola’s Bhavish Aggarwal take potshots at ‘non-Indian’ firms

As the country’s internet and mobile economy is booming in a battle for ideas and capital, Indian founders of startups are increasingly taking aggressive stands against foreign-origin firms. Sachin Bansal, co-founder of India’s biggest e-commerce firm Flipkart and Bhavish Aggarwal, co-founder of...

7 December, 2016 | More »

Bhavish Aggarwal, Co-Founder & CEO, Ola

Ola’s Bhavish Aggarwal again takes a potshot at Uber

Winning in a competitive market is as much about making tactical pronouncements at opportune moments as it is about making the right business decisions at the right time. It ain’t politicians alone who pick ideas or popular beliefs they know will resonate with their target audience and use them ag...

23 November, 2016 | More »

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Ola Play to let users stream content from car’s console

Amidst a fierce battle with Uber for dominance in the Indian online cab hailing market, Ola said on Tuesday it would launch a connected car platform, Ola Play. Ola Play will use custom user preferences and ride information like time and destination to offer recommendations in the ride. It will also ...

22 November, 2016 | More »

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Tea e-tailer The Kettlery gets seed funding from shooter Abhinav Bindra, Franchise India

Ahmedabad-based specialty tea startup The Kettlery has raised seed funding from shooter and investor Abhinav Bindra’s fund Shooting Star Sports LLP and Franchise India Brands. CPK Food and Beverages Pvt. Ltd, which runs The Kettlery, received $1 million (Rs 6.71 crore) in the seed round, Sandeep K...

26 October, 2016 | More »

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Ola, Uber hike fares, slash driver incentives

In their bid to cut costs and attain profitability in the long run, cab aggregators Uber and Ola are raising fares in major cities and reducing driver incentives. San Francisco-headquartered Uber Technologies Inc has increased taxi fares for long distance rides in Delhi-NCR, Kolkata, Bhubaneswar, Gu...

18 October, 2016 | More »

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Ola in talks with SoftBank and General Motors to raise $500 mn

ANI Technologies Pvt Ltd, which runs cab-hailing app Ola, is reportedly in talks with its existing investors that include Japan’s SoftBank and US-based General Motors, for a fresh round of funding to raise $500 million. Ola has held preliminary discussions with US automobile giant General Motors (...

13 October, 2016 | More »

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Kunal Bahl, Rohit Bansal highest paid among Indian unicorn executives

Their corporate babies may have scaled the milestone of $1 billion valuation but founders of most tech ‘unicorns’ in India are modestly paid folks. However, thanks to some generous stock options, a few founders have made it to the list of the highest-paid executives in the country. TechCircle pi...

24 August, 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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What Ola can learn from Didi Chuxing on its battle against Uber

Chinese cab-hailing firm Didi Chuxing, the main local competitor for Uber Technologies Ltd in China, has just raised an incredible $7.3 billion in fresh financing. The latest round brings DidiChuxing’s war chest to about $10.5 billion, against the $11.5 billion on Uber’s balance sheet. Q...

20 June, 2016 | More »

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