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Ola's fair valuation adviser projects $930 mn net profit in just three years

TMT

23 November, 2017

Ola's fair valuation adviser projects $930 mn net profit in just three years

Cab-hailing firm Ola is likely to shrink its loss sharply this fiscal year and earn a net profit of as ......

Second co-founder steps down from InMobi; launches bicycle sharing startup

People

22 November, 2017

Second co-founder steps down from InMobi; launches bicycle sharing startup

Ad-tech firm InMobi has seen the second co-founder stepping down from an executive role within the company in five months.Co-founder ......

Tiger Global's Lee Fixel resigns from Ola's board

People

20 November, 2017

Tiger Global's Lee Fixel resigns from Ola's board

Tiger Global Management partner Lee Fixel has resigned from the board of cab aggregator Ola, where the US-based hedge fund ......

India's youngest unicorn Hike says bye-bye to monetisation

TMT

17 November, 2017

India's youngest unicorn Hike says bye-bye to monetisation

Hike Pvt. Ltd, the messaging app operator that touched $1.4 billion in valuation last year, has a problem—it has no ......

SoftBank says no final pact yet to invest in Uber

TMT

14 November, 2017

SoftBank says no final pact yet to invest in Uber

Japan’s SoftBank Group Corp said on Tuesday it was considering investing in Uber Technologies Inc but there was no final ......

Tencent's legal head Brent Irvin joins Ola board

People

13 November, 2017

Tencent's legal head Brent Irvin joins Ola board

Brent Irvin, vice president and general counsel at Chinese Internet giant Tencent Holdings Ltd, has joined the board of investee ......

Paytm to invest $769 million in payments biz

TMT

07 November, 2017

Paytm to invest $769 million in payments biz

One97 Communications Ltd, which operates mobile wallet Paytm, will invest close to Rs 5,000 crore ($769 million) in its payments ......

Rivigo's FY17 revenue jumps 170%, losses soar to Rs 137 crore

TMT

30 October, 2017

Rivigo's FY17 revenue jumps 170%, losses soar to Rs 137 crore

Online freight aggregator Rivigo posted a rapid rise in revenue for the year through March 2017, but its losses widened ......

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

TMT

28 October, 2017

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

The supposed acquisition of Zo Rooms by online budget hotel aggregator OYO has come undone, according to a statement issued ......

Oyo, Zo Rooms cross swords over acquisition shrouded in mystery

TMT

27 October, 2017

Oyo, Zo Rooms cross swords over acquisition shrouded in mystery

The mystery over the supposed acquisition of rival Zo Rooms by budget hotel chain OYO deepened on Friday with both ......

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