Common investors not undermining competition between Ola, Uber: Antitrust watchdog

Binu Paul

The country’s antitrust watchdog has rejected allegations that Ola and Uber were indulging in anti-competitive practices ....

21 June, 2018

Uber India's support unit sees growth stagnate in FY17, profit up a tad

Dearton Thomas Hector

The key India unit of US-based ride-hailing app Uber saw its revenue growth flatten for the financial year ended March 2017. Mumbai-based ....

21 June, 2018
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Uber appoints new head for India and South Asia

Dearton Thomas Hector

US-headquartered cab aggregator Uber on Tuesday announced the appointment of Pradeep Parameswaran as its new president for India ....

19 June, 2018

After Ola, Chinese ride-sharing giant Didi enters Australia

Reuters

Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company that bought the mainland operations of Uber Technologies Inc, ....

15 June, 2018

Ola lost Rs 4 for every rupee earned in revenue for FY17

Dearton Thomas Hector

Homegrown cab aggregator Ola more than doubled its revenue in the year through March 2017 but reported a wider loss as it continued ....

13 June, 2018

SoftBank-backed Ola's revenue nearly doubles in FY17

Dearton Thomas Hector

The total income of homegrown cab aggregator Ola, operated by ANI Technologies Pvt. Ltd, nearly doubled in the financial year ....

6 June, 2018
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Ola Fleet revs up FY17 revenue nearly 18 times

Dearton Thomas Hector

Ola Fleet Technologies Pvt. Ltd, the cab-leasing arm of Ola, posted a steep rise in revenue for the financial year 2016-17 but ....

4 June, 2018

Uber shrinks quarterly loss, plans new share sale

Reuters

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services ....

24 May, 2018

Chinese bicycle-sharing firm Mobike to ride into India this week

Shweta Sharma

Chinese smart bicycle sharing company Mobike has said that it will launch its services in India on Thursday. Beijing-headquartered ....

21 May, 2018

Uber's chief product officer quits in latest top-level exit

Reuters

Uber Technologies Inc Chief Product Officer Jeff Holden is leaving the ride-hailing company, an Uber spokesman told Reuters on ....

18 May, 2018
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Is India fast becoming a digital colony?

Mohandas Pai

The acquisition of Flipkart by Walmart means that now Indian online retail will be dominated by American companies. This is a ....

17 May, 2018

As Ola and Uber fight for supremacy, Meru breaks even and ventures into B2B

Binu Paul

After operating in the segment for over a decade, Meru, one of India’s oldest radio-taxi services, claims that it has achieved ....

2 May, 2018

Race to $1 bn: Which Indian startup was the fastest to get unicorn status?

Jyotindra Dubey

Venture capital and private equity investors have pumped billions of dollars into the Indian startup ecosystem over the past few ....

2 May, 2018

How SoftBank has spun its web across India's internet companies

Anand J

SoftBank is the new IPO. For startups struggling to turn in profits, an initial public offering remains an unattractive proposition. ....

23 April, 2018

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

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

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