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
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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
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Ola goes global with Australia launch, takes on Uber

Manu P Toms

Amid heightened speculation over Ola and Uber collaborating in India, the homegrown ride-hailing unicorn has made its first overseas ....

30 January, 2018

Bombay High Court bars taxi unions from disrupting Uber's operations

Vijayakumar Pitchiah

US-based Uber Technologies Inc's India subsidiary Uber India Technologies Pvt. Ltd has obtained a restraining order from the ....

21 March, 2017

Forest fire blazing through Indian startup ecosystem: Inventus' Kanwal Rekhi

Manu P Toms

Kanwal Rekhi, co-founder and managing director at VC firm Inventus Capital Partners, has been a known sceptic of the capital-intensive ....

1 March, 2017

Cab drivers protest outside Ola offices in Delhi

Binu Paul

The agitation by Uber and Ola drivers demanding better incentives got out of control in the national capital on Monday, with ....

13 February, 2017
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Top-level exits continue at Ola as another senior exec quits

Binu Paul

The exodus of key personnel at cab-hailing firm Ola shows no signs of stopping, with another top-level resignation coming to ....

13 February, 2017

Jugnoo launches taxi aggregation amid strike by Ola, Uber drivers

Shruti Jain

SoCoMo Technologies Pvt. Ltd, which runs on-demand delivery services startup and auto rickshaw aggregator Jugnoo, has announced ....

13 February, 2017

Do Uber drivers make more than the average software developer?

Vijayakumar Pitchiah

On Friday, Uber India head Amit Jain sought to dispel the simmering discontent among its drivers over falling earnings and shrinking ....

3 March, 2017

Uber, Ola drivers go on strike in Delhi; demand better incentives

Binu Paul

Just as app-based taxi drivers' agitation over falling incomes is fast spreading to more Indian cities, drivers of cab-hailing ....

10 February, 2017

Flipkart's Sachin Bansal reiterates stand on 'level playing field' for local cos

Dearton Thomas Hector

E-commerce giant Flipkart's co-founder Sachin Bansal has re-ignited the debate around a "level playing field" for Indian startups, ....

9 February, 2017

Ola CFO Rajiv Bansal, CMO Sarup resign

Dearton Thomas Hector

Cab-hailing service Ola's chief financial officer (CFO) Rajiv Bansal and chief marketing officer (CMO) Raghuvesh Sarup have quit ....

9 February, 2017

Weaker yen helps SoftBank pare valuation loss from Snapdeal, Ola investments

Deepti Chaudhary

Japanese telecom and Internet giant SoftBank Group Corp has reported a valuation loss of ¥39.3 billon (nearly $350 million) from ....

8 February, 2017

Two more senior execs leave Flipkart

Binu Paul

India's largest e-commerce marketplace Flipkart has suffered another bout of senior-level exits at its engineering team, a national ....

10 February, 2017

Storm in Bombay House over, Ratan Tata to resume startup investing soon

Manu P Toms

Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins ....

7 February, 2017

Exclusive: Uber to take on Ola Shuttle soon with bus, van ride-sharing

Manu P Toms

Notwithstanding its constant denial, Uber is moving fast on introducing ride-sharing on vans and buses in India, with a likely ....

7 February, 2017

Uber launches cab-rental service UberHIRE in 8 cities

Disha Sharma

Taxi-hailing company Uber on Monday launched its on-demand car-rental service UberHIRE in eight cities, through which users can ....

6 February, 2017