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

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
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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

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

Uber files paperwork for IPO on same day as US rival Lyft

Reuters

Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, ....

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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BookMyShow joins Grab’s accelerator programme to expand Southeast Asia biz

Kavya Kothiyal

Bigtree Entertainment Pvt. Ltd, which owns and operates online ticketing platform BookMyShow, has joined Grab Ventures Velocity, ....

23 November, 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
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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

Uber's dealmaking chief resigns after sexual misconduct allegations

Reuters

Cameron Poetzscher, who oversaw a string of high-profile deals at Uber Technologies Inc, has resigned, weeks after a report on ....

23 October, 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

Exotel’s beta interface predicts call drops, high traffic in telecom networks

Anand J

Cloud-based telephony services firm Exotel Techcom Pvt. Ltd has rolled out machine learning-based Heartbeat API (application programming ....

17 October, 2018

Uber gets bank proposals for IPO at $120 bn valuation: WSJ

Reuters

Uber Technologies Inc could be valued at $120 billion when it finally goes public next year according to recent proposals made ....

16 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

Now, riders can pay for their Uber trips using Google Pay

Vijayakumar Pitchiah

San Francisco-based cab hailing major Uber’s India operations has now onboarded Google Pay (earlier known as Tez) as one ....

28 September, 2018

Shuttl to absorb Commut’s local ops as Careem acqui-hires bus aggregator

Binu Paul

UAE-headquartered ride-hailing firm Careem has acqui-hired app-based Indian bus shuttle operator Commut as it readies to launch ....

24 September, 2018

Ola dials Naspers, Temasek and others for new investment round: Report

Payal Ganguly

ANI Technologies Pvt. Ltd, which owns ride-hailing company Ola, is in discussions with South African internet conglomerate Naspers ....

24 September, 2018

Can transport aggregation services scale beyond cabs?

Binu Paul

This is the first of a three-part series that analyses India's transport aggregation sector. In India, cab aggregators ....

20 September, 2018