Ola

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Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target

Manufacturing

30 November, 2023

Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target

SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but ......

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TMT

30 October, 2023

Ola gets a sharp valuation markdown as EV arm readies for public float

Cab aggregator Ola, which is preparing to take its electric vehicle unit public, has recorded a sharp markdown from an ......

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General

18 August, 2023

Grapevine: Ex-Reckitt Benckiser exec rolls out fund; TAQA eyes stake in Adani's energy business

Former global chief executive of consumer goods giant Reckitt Benckiser Group plc, Rakesh Kapoor, has floated an India-......

Consumer

10 August, 2023

SoftBank-backed Ola Electric's FY22 loss spirals 4x

Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the ......

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TMT

31 July, 2023

Ola investor wields the axe again, slashes valuation

Cab aggregator Ola, that is believed to be prepping its electric vehicle arm to go public, continues to be on ......

TMT

14 June, 2023

Uber leads $20 mn round in Everest Fleet

Ride-hailing company Uber on Wednesday said it has led a $20 million (around Rs 164 crore) funding round in Everest ......

TMT

13 June, 2023

Delhi to impound bike taxis if Uber, Ola do not comply with ban

New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if ......

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Finance

24 May, 2023

Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Matrix Partners India, one of the most active venture capital investors in the country and a backer of unicorns like ......

TMT

24 May, 2023

Uber steps up EV push in India with Uber Green

Ride-hailing platform Uber Technologies is stepping up its efforts to go green in India by introducing more electric ......

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TMT

09 May, 2023

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-......

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