Ola
TMT
SoftBank fires up Ola Electric with $250 mn capital infusion
Ride-hailing company Ola’s electric mobility arm has raised Rs 1,725 crore ($250 million) from Japanese investor SoftBank...
TMT
Ola invests in Matrix Partners-backed Avail Finance
Ride-hailing company Ola, operated by ANI Technologies Pvt. Ltd, has invested in Avail Finance as part of the online lender’s...
TMT
Alteria Capital invests more in scooter-sharing startup Vogo
Venture debt firm Alteria Capital has invested another Rs 25 crore ($3.6 million) in Vogo Automotive Pvt. Ltd after first ......
Infrastructure
Indian govt may order Uber, Ola to go electric in clean mobility push
India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric ......
People
Yatra's Shringi, MakeMyTrip's Kalra among India's highest-paid startup execs
The top executives of India’s best-funded new-age technology ventures secured a median hike of around 27% in gross remuneration...
TMT
Uber posts $1 bn loss in first quarterly report after going public
Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its ......
TMT
TVF raises fresh capital from Tiger Global as valuation nearly doubles
The Viral Fever (TVF), an over-the-top (OTT) platform which creates original video content, has raised an additional $5 million...
General
Ola's Foodpanda suspends food delivery; Ex-Ostro execs seek PE funding for new firm
Ride-hailing firm Ola has ended the contracts of most of its 1,500 food-delivery executives and sacked 40 mid- to entry-level...
TMT
Uber valuation drops to $61 bn as shares slump after ill-fated IPO
Uber Technologies Inc shares fell as much as 10% on Monday, doubling losses since its poorly-received Wall Street debut on ......
TMT
Uber valued at $82 bn in IPO as market jitters, Lyft woes weigh
Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a ......
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