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Ratan Tata invests in Ola's electric vehicles arm as part of Series A funding round

TMT

06 May, 2019

Ratan Tata invests in Ola's electric vehicles arm as part of Series A funding round

Ratan Tata, chairman emeritus of Tata Sons, has invested an undisclosed sum in the electric vehicles arm of homegrown ride-hailing...

Matrix Partners leads investment round in ed-tech startup Pesto

TMT

02 May, 2019

Matrix Partners leads investment round in ed-tech startup Pesto

Venture capital firm Matrix Partners has led a $2-million (around Rs 13.9 crore at current exchange rates) investment round in...

Uber sets price range for IPO, targets $91.5 bn valuation

TMT

26 April, 2019

Uber sets price range for IPO, targets $91.5 bn valuation

Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will...

Nexus Venture Partners leads Series A round in bike pooling startup Rapido

TMT

24 April, 2019

Nexus Venture Partners leads Series A round in bike pooling startup Rapido

Hyderabad-registered Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised about...

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Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Finance

12 April, 2019

Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Early this year, India’s top ride-hailing venture Ola scaled the valuation chart to become the second-most valued startup,...

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In Charts: How much cash did India's top-funded startups burn in FY18?

TMT

12 April, 2019

In Charts: How much cash did India's top-funded startups burn in FY18?

India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards...

Uber to float $10-billion IPO, lowers valuation expectation

TMT

10 April, 2019

Uber to float $10-billion IPO, lowers valuation expectation

Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public ......

Uber rival Lyft gets $24.3 bn valuation in first ride-hailing IPO

TMT

29 March, 2019

Uber rival Lyft gets $24.3 bn valuation in first ride-hailing IPO

Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, ......

Hyundai Motor, Kia to invest $300 mn in Ola

TMT

19 March, 2019

Hyundai Motor, Kia to invest $300 mn in Ola

South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform...

Former Cisco exec, others back outstation taxi service firm Gozo Cabs

TMT

05 March, 2019

Former Cisco exec, others back outstation taxi service firm Gozo Cabs

Outstation taxi service provider Gozo Cabs has raised an undisclosed amount from a bunch of Silicon Valley-based individuals including...

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