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Ola looks to conquer small cities with lightweight, app-like mobile site

TMT

18 May, 2017

Ola looks to conquer small cities with lightweight, app-like mobile site

In a bid to acquire customers in small cities, where Internet speeds are slow and low-end smartphones still popular, home-grown ......

Ola, Uber see first-ever dip in bookings, but unit economics improve: Report

TMT

11 May, 2017

Ola, Uber see first-ever dip in bookings, but unit economics improve: Report

A sharp focus on profitability, reduction in driver incentives and, consequently, driver strikes across the country put ......

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

TMT

10 May, 2017

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

Japanese investor and Internet giant SoftBank Group Corp has reported a valuation loss of $1.4 billion on its two ......

Ola's Aggarwal, Bhati lowest-paid unicorn founders, yet raked in millions

TMT

08 May, 2017

Ola's Aggarwal, Bhati lowest-paid unicorn founders, yet raked in millions

Bhavish Aggarwal and Ankit Bhati, co-founders of cab-aggregator Ola, may be the proverbial poster boys of Indian e-commerce, but they ......

Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

TMT

03 May, 2017

Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

Cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, has raised Rs 670 crore ($104.4 million) in a fresh round ......

Ola lost Rs 5 for each rupee earned in FY16

TMT

01 May, 2017

Ola lost Rs 5 for each rupee earned in FY16

Cab-hailing firm Ola reported a three-fold rise in losses for the year through March 2016 as it spent heavily to ......

Ola forms new entity to train drivers

TMT

28 April, 2017

Ola forms new entity to train drivers

Bangalore-based ANI Technologies Pvt. Ltd, which operates homegrown cab aggregator Ola, has spun out a new entity that will train ......

SoftBank likely to invest $1.9 bn, pick up 20% in Paytm

TMT

28 April, 2017

SoftBank likely to invest $1.9 bn, pick up 20% in Paytm

Masayoshi Son’s media and Internet conglomerate SoftBank Group is likely to put in $1.9 billion (Rs 12,000 crore) into One ......

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Bus pooling app ZipGo raises Series A funding

TMT

26 April, 2017

Bus pooling app ZipGo raises Series A funding

Bangalore-based ZipGo Technologies Pvt. Ltd, the operator of an eponymous bus pooling app, has raised a Series A round of ......

Ola seeks to raise another $100 mn from existing investors

TMT

21 April, 2017

Ola seeks to raise another $100 mn from existing investors

Cab-hailing aggregator Ola, which is operated by ANI Technologies Pvt. Ltd, is looking to raise another $100 million (Rs 646 ......

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