Scooter rental startup Vogo gets funding from Ola, others

Shweta Sharma

The parent of online scooter rental platform Vogo has raised $7 million (Rs 45.5 crore) in funding led by homegrown ride-hailing ....

18 April, 2018

Love thy neighbour: How Chinese cheques are fuelling Indian startups

Anand J

The early days of the venture capital boom saw money flowing into India from all parts of the world. Funding started to dry up ....

18 April, 2018
ADVERTISEMENT

Ola unveils electric vehicle programme focusing on e-rickshaws, auto-rickshaws

Shweta Sharma

Homegrown cab-hailing major Ola has announced Mission Electric, a programme to launch 10,000 electric vehicles, most of them three-wheelers, ....

16 April, 2018

Exclusive: Ride pooling platform Pooltoo raises seed money

Binu Paul

New Delhi-based intra-city bike and car-pooling startup Pooltoo, headed by three women entrepreneurs, have raised an undisclosed ....

4 April, 2018

Ola buys Ridlr to enter public transport segment

Vijayakumar Pitchiah

Homegrown cab-hailing major Ola has acquired Ridlr, a public-transport ticketing app, for an undisclosed sum, amid growing rivalry ....

3 April, 2018

Why it makes sense for Uber to sell India operations to Ola

Rohit Thomas Koshy

Uber has increasingly been finding it difficult to operate in India. It seems to have underestimated the ‘dimaag (brain)’ ....

29 March, 2018
ADVERTISEMENT

SoftBank-backed Grab acquires Uber's Southeast Asia business

Team TC

Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ....

26 March, 2018

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

Uber, Ola drivers go on indefinite nationwide strike over pay

Reuters

Drivers for app-based cab aggregators Uber and Ola started an indefinite strike across India on Monday, demanding extra pay as ....

19 March, 2018

Ola hires former BMW exec to head electric vehicles project

Dearton Thomas Hector

Bengaluru-based cab-hailing firm Ola has roped in Anand Shah, former executive at German premium carmaker BMW, to head its electric ....

16 March, 2018
ADVERTISEMENT

Fintech startup Avail Finance raises $17 mn in Series A round

Dearton Thomas Hector

Bangalore-based Goddard Technical Solutions Pvt. Ltd, which operates online lending platform Avail Finance, has raised $17.2 million ....

14 March, 2018

Why Ola's electric vehicle experiment isn't going according to plan

Reuters

Indian ride-hailing firm Ola’s pilot project to test a fleet of electric vehicles in Nagpur was expected to herald a coming ....

9 March, 2018

Ola, Paytm Mall in separate talks for large funding led by Temasek, SoftBank

Shweta Sharma

Singapore's state investment firm Temasek is reportedly in separate talks for large investments in Indian ride-hailing company ....

6 March, 2018

Music streaming service Gaana raises $115 mn from Tencent, Times Internet

Dearton Thomas Hector

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India. This time, it has led a $115-million (Rs 748 ....

28 February, 2018

Uber CEO says car ownership bigger threat than Ola, vows to invest more in India

Anirban Ghoshal

Uber's chief executive officer Dara Khosrowshahi said on Wednesday that the ride-hailing company will continue to invest in ....

22 February, 2018

Ola orders clean-up drive amid allegations of fraud against top exec

Binu Paul

In a major embarrassment to homegrown taxi aggregator Ola, Yugantar Saikia, the company’s human resources head and chief ....

16 February, 2018

Exclusive: Food-tech startup Holachef raises fresh funds

Vijayakumar Pitchiah

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer ....

13 February, 2018

Flipkart loses appeal on Rs 110 crore tax demand, asked to pay up by Feb-end

Binu Paul

E-commerce giant Flipkart has lost an appeal over a tax demand of Rs 110 crore in connection with the classification of marketing ....

12 February, 2018

SoftBank, China’s Didi to roll out ride-hailing venture in Japan

Reuters

China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, ....

9 February, 2018

Exclusive: Ola to shut down bus unit Shuttle

Manu P Toms

Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ....

6 February, 2018

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

Shweta Sharma

Although the Budget 2018 was a decidedly populist one focused the rural economy, finance minister Arun Jaitley emphasised the ....

5 February, 2018