Ola raises $50 mn from two new Chinese investors

Dearton Thomas Hector

Cab-hailing app Ola, run by ANI Technologies Pvt. Ltd, has raised $50 million (around Rs 360 crore) from two new Chinese investors ....

18 September, 2018

Ola founders, Temasek to acquire 10% stake in ride-hailing firm

Vijayakumar Pitchiah

Ola’s co-founders, along with Singapore’s state investment arm Temasek, are in the process of buying out a less than ....

7 September, 2018
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Two more senior executives quit cab aggregator Ola

Kavya Kothiyal

Cab-hailing firm Ola, run by Bengaluru-based ANI Technologies Pvt. Ltd, has seen some more senior-level exits. Saikiran Krishnamurthy, ....

6 September, 2018

Why DSG Consumer-backed Tazzobikes skid to a halt after a two-year run

Vijayakumar Pitchiah

Hyderabad-based bike rental firm Tazzo Technologies Pvt. Ltd has shut down its operations less than two years since its inception ....

5 September, 2018

Aim to aid local startups but not looking at protectionism: IndiaTech CEO Kailasam

Dearton Thomas Hector & Anand J

The debate around a ‘level-playing field’ for Indian startups intensified towards the end of 2016 when Flipkart co-founder ....

4 September, 2018

SoftBank steps up search for India head, engages headhunting firm

Binu Paul

Japanese telecom and Internet conglomerate SoftBank Group Corp is aggressively on the lookout for a suitable candidate to lead ....

4 September, 2018
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Why Indian startups are set to open new frontiers with emerging tech

Dilipkumar Khandelwal

In the early days, it was not easy for startups in India to get investment or the right mentorship. Startups often moved their ....

28 August, 2018

Exclusive: Uber's west India general manager quits

Dearton Thomas Hector

US-based ride-hailing app Uber Technologies Inc., which competes with homegrown cab aggregator Ola, has lost another executive ....

28 August, 2018

Uber narrows global loss, says it's 'cementing leadership position' in India

Reuters

Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company ....

16 August, 2018

Scooter sharing platform Vogo raises $7 mn in Series A funding round

Payal Ganguly

Automated scooter sharing platform Vogo Automotive Pvt. Ltd has raised close to $7 million (Rs 48 crore) in a Series A investment ....

14 August, 2018
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Ola hires former Google executive to head UK ops

Vijayakumar Pitchiah

Days after announcing its foray into Britain, homegrown ride-hailing firm Ola on Monday announced the appointment of a managing ....

13 August, 2018

It's only August but 2018 is already the best year for Indian unicorns

Dearton Thomas Hector

More unicorns have emerged out of India in the first seven months of 2018 than in any previous year, as venture capital investors ....

10 August, 2018

After India and Australia, Ola will now lock horns with Uber in UK

Vijayakumar Pitchiah

Homegrown ride-hailing unicorn Ola announced on Tuesday that it will foray into a second international market by launching services ....

7 August, 2018

Defunct food delivery startup Holachef draws acquisition interest from Foodpanda

Vijayakumar Pitchiah

Foodpanda India, an online take-away food delivery firm bought by homegrown cab-hailing major Ola last year, is in talks to acquire ....

2 August, 2018

TaxiForSure co-founder’s vernacular platform Vokal gets $5 mn in fresh funding

Dearton Thomas Hector

Bombinate Technologies Pvt. Ltd, which runs vernacular knowledge-sharing platform Vokal, has raised $5 million (around Rs 34 crore ....

26 July, 2018

Photo-sharing app Vebbler raises pre-Series A funds

Dearton Thomas Hector

Photo-sharing app Vebbler has raised an undisclosed amount in a pre-Series A round of funding from a group of new and existing ....

17 July, 2018

Exclusive: Singapore fund in talks to invest in inter-city ride startup InstaCar

Vijayakumar Pitchiah

Indore-based InstaCar Technologies Pvt. Ltd, which operates an online outstation taxi marketplace, is in the process of raising ....

16 July, 2018

Quikr, Paytm bosses top techpreneurs pay chart - who else got fat cheques?

Dearton Thomas Hector & Keshav Sunkara

Founders of India’s largest and best-funded internet and digital technology firms took home an average hike of 20% in gross ....

13 July, 2018

Exclusive: Food-tech startup Dibz raises money in bridge round

Vijayakumar Pitchiah

Dibz, an online food delivery startup which also serves as an online-to-offline (O2O) platform for discovering restaurant ....

9 July, 2018

Singapore says Grab-Uber merger reduced competition, proposes penalties

Reuters

Singapore's Competition and Consumer Commission said on Thursday the merger of Grab and Uber had substantially lessened competition ....

5 July, 2018

Reboot: After TaxiForSure, Aprameya is strapped in for another million-dollar ride

Anand J

TechCircle presents Founders Reboot, a new fortnightly series in which we profile successful Indian entrepreneurs who have chosen ....

5 July, 2018