Scooter-sharing startup Vogo raises fresh funding at $50 mn valuation

Vijayakumar Pitchiah

Chennai-based Vogo Automotive Pvt. Ltd, which operates an eponymous scooter-sharing platform, has raised Rs 63 crore ($8.9 million ....

15 January, 2019

Cab aggregator Ola gets fat cheque from Flipkart co-founder Sachin Bansal

Vijayakumar Pitchiah

Flipkart co-founder Sachin Bansal has invested Rs 149.99 crore ($21.18 million) in ANI Technologies Pvt. Ltd, which operates homegrown ....

14 January, 2019
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Ola’s long-serving exec and interim COO quits company

Vijayakumar Pitchiah

Ola old-timer and interim chief operations officer (COO) Pallav Singh has quit the company after serving almost seven years, The ....

14 January, 2019

Exclusive: Ola gets $74 mn from Steadview Capital, valuation jumps

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding ....

10 January, 2019

Ola may acquire e-pharmacy startup Myra: Report

Binu Paul

After betting on food-tech, ride-hailing unicorn Ola appears to have set its sights on the online pharmacy space amid efforts ....

9 January, 2019

Flashback 2018: Flipkart steals the show as e-commerce dominates M&A activity

Kavya Kothiyal

When it comes to M&A deals, Flipkart undoubtedly stands out as the Indian startup ecosystem’s greatest success -- not ....

26 December, 2018
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Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018

Ola to invest $100 mn in Vogo, add scooter fleet to app

Kavya Kothiyal

Ride-hailing unicorn Ola announced on Tuesday that it will invest $100 million (around Rs 720 crore) in scooter-sharing firm Vogo ....

18 December, 2018

Uber to double engineering headcount in India to over 1,000 techies

Kavya Kothiyal

Cab-hailing firm Uber Technologies Inc. on Friday said it is looking to double its product and engineering headcount in India ....

10 December, 2018

For Uber, 11% of global rides come from India: Report

Dearton Thomas Hector

Uber’s India and South Asia head Pradeep Parameswaran said in an internal email to company executives that 11% of the cab-hailing ....

6 December, 2018
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SoftBank offers to invest $1 bn more in Ola: Report

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank may invest another $1 billion in homegrown cab-hailing major Ola, a report in a financial ....

4 December, 2018

Uber posts $1 bn loss for July-Sept as growth in bookings slows

Reuters

Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the ....

15 November, 2018

Ola’s chief people officer Susheel Balakrishnan quits

Dearton Thomas Hector

Susheel Balakrishnan, the chief people officer at ride-hailing app Ola, has resigned from the firm after a six-month stint. Ola, ....

12 November, 2018

After driving around Australia and UK, Ola makes New Zealand foray

Kavya Kothiyal

Cashed up and on a roll, Indian cab-hailing app Ola will now drive around New Zealand, continuing its global launching spree that ....

9 November, 2018

India’s competition watchdog dismisses price-fixing charges against Uber, Ola

Binu Paul

In response to a complaint against cab aggregators Uber and Ola, the Competition Commission of India (CCI) has ruled that the ....

8 November, 2018

Hundreds of Ola, Uber drivers go on strike seeking higher fares

Reuters

Hundreds of drivers for ride-hailing giant Uber and its local rival Ola went on strike in the two biggest Indian cities, ....

22 October, 2018

It’s official: Ola-owned Foodpanda acquires Holachef

Vijayakumar Pitchiah

Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef ....

16 October, 2018

Flipkart co-founder Sachin Bansal may invest $100 mn in Ola

Dearton Thomas Hector

Richer after his exit from his first venture Flipkart, Sachin Bansal seems all set to make his biggest personal investment ever ....

11 October, 2018

Uber to expand to more Indian cities, plans shift to electric vehicles

Payal Ganguly

Cab aggregator Uber Technologies Inc. plans to expand to more cities in India and grow other services such as bike-hailing, a ....

4 October, 2018

Can bike taxi startups ride their way to growth?

Binu Paul

This is the final of a three-part series that analyses India’s transport aggregation sector. You can read the previous parts here and ....

4 October, 2018

Why MakeMyTrip’s Deep Kalra is worried about the future of Indian startups

Binu Paul

MakeMyTrip chairman and group chief executive officer Deep Kalra has warned about a potential takeover of the Indian startup ecosystem ....

1 October, 2018