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ANI Technologies Pvt. Ltd

Uber, Ola get clean chit from competition watchdog over price-fixing allegations

General

08 November, 2018

Uber, Ola get clean chit from competition watchdog over price-fixing allegations

In response to a complaint against cab aggregators Uber and Ola, the Competition Commission of India (CCI) has ruled that ......

Temasek, Ola founders buy stake in cab-hailing firm via secondary deals

TMT

07 September, 2018

Temasek, Ola founders buy stake in cab-hailing firm via secondary deals

Ola’s co-founders, along with Singapore’s state investment arm Temasek, are in the process of buying out a less than 10% ......

Ola to shut down bus unit Shuttle

TMT

06 February, 2018

Ola to shut down bus unit Shuttle

Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ......

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

TMT

26 December, 2017

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

Ride-hailing firm Ola’s second shot at the food business after acquiring the Indian business of Foodpanda is undoubtedly the most ......

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 ......

Ola raises $400 mn from Tencent, Ratan Tata's UC-RNT Fund

TMT

04 October, 2017

Ola raises $400 mn from Tencent, Ratan Tata's UC-RNT Fund

Chinese Internet giant Tencent has led a $400 million (Rs 2,620 crore) capital infusion in cab-hailing firm Ola as part ......

Ola hires former eKart exec Harish Abhichandani as CFO

People

17 August, 2017

Ola hires former eKart exec Harish Abhichandani as CFO

Former eKart executive Harish Abhichandani has joined cab-hailing firm Ola as chief financial officer (CFO), his LinkedIn profile shows.Abhichandani replaces ......

Ola raises $36 mn from New York-based hedge fund

TMT

11 August, 2017

Ola raises $36 mn from New York-based hedge fund

ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing firm Ola, has raised $36 million (Rs 231 crore) from New York-based ......

Ola to get $36 mn top-up from existing investors

TMT

03 August, 2017

Ola to get $36 mn top-up from existing investors

Homegrown cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, is raising an additional Rs 232 crore ($36 million) from ......

Ola in talks with China's Tencent to raise $400 mn: Report

TMT

27 July, 2017

Ola in talks with China's Tencent to raise $400 mn: Report

Homegrown cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, is in advanced talks with Chinese Internet giant Tencent to ......