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Posts Tagged ‘ NOW ’

Ola, Uber, bike-taxi startups seek clarity in norms, easy licensing rules

Thursday, September 22, 2016 | More »

Cab-hailing startups Ola and Uber as well as a number of bike-taxi startups on Thursday sought greater clarity on regulations governing the sector and ease in licencing requirements at a meeting with central government officials. Sanjay Mitra, the secretary of road transport and highways ministry, c...


Exclusive: Road ministry calls meeting with Ola, Uber, bike-taxi startups

In a bid to resolve regulatory hurdles that hinder the operations of taxi aggregators in India, the ministry of road transport and highways has called a meeting with the representatives of companies such as Ola, Uber and a clutch of smaller startups. The meeting has been convened on Thursday in New ...

21 September, 2016 | More »

Vishal Kumar BM

Exclusive: Bike taxi startup Hey Bob shuts down

Hey Bob, Bengaluru’s first bike taxi startup, has shut down after failing to raise fresh funding. “Yes, it has shut down,” co-founder Vishal Kumar BM told TechCircle on Thursday. “We have not made a formal announcement yet. We met our investors and we had a long chat and we decided to move o...

15 September, 2016 | More »


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 »


Exclusive: Bike taxi app NOW secures $500K in angel funding

Bike taxi and hyperlocal delivery app NOW has secured $500,000 (Rs 3.35 crore) in angel funding from Jaipuria Group’s managing director Ruchirans Jaipuria and Supreme Motors director Anuj Sanghi. Jaipuria and Sanghi have already invested $200,000 (Rs 1.34 crore) and the remaining money will fl...

7 March, 2016 | More »