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Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

Finance

11 April, 2022

Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising, are finding offshore debt ......

Ola to buy fintech firm Avail Finance to strengthen financial services biz

Finance

25 March, 2022

Ola to buy fintech firm Avail Finance to strengthen financial services biz

SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking platform Avail ......

Ola Electric backs Israeli battery tech firm StoreDot

TMT

21 March, 2022

Ola Electric backs Israeli battery tech firm StoreDot

Ola Electric, the electric vehicle arm of ride-sharing startup Ola Cabs, on Monday, said it has invested an undisclosed amount ......

Ola raises $139 mn; valn touches $6.6 bn

TMT

08 December, 2021

Ola raises $139 mn; valn touches $6.6 bn

ANI Technologies run ride-hailing aggregator Ola has raised Rs 1,049 crore, or $139 million, from 25 investors as part of ......

Ola hires new heads for financial services and electric business

People

16 November, 2021

Ola hires new heads for financial services and electric business

IPO-bound Ola has appointed new heads for its financial services and used car-platform business, as it continues to restructure its ......

Ola, Hero's Pawan Munjal lead Series A round in scooter rental startup Vogo

TMT

14 August, 2018

Ola, Hero's Pawan Munjal lead Series A round in scooter rental startup Vogo

Automated scooter sharing platform Vogo Automotive Pvt. Ltd has raised close to $7 million (Rs 48 crore) in a Series ......

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 ......