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Delhi govt issues warning to cab aggregators over continued use of bike taxis

Infrastructure

28 February, 2023

Delhi govt issues warning to cab aggregators over continued use of bike taxis

New Delhi authorities have warned Uber and its rival Ola for allegedly violating local transport rules by providing two-wheeler bike ......

EV-ride hailing platform BluSmart set to raise $250 mn

TMT

14 July, 2022

EV-ride hailing platform BluSmart set to raise $250 mn

The chief executive of Indian ride-hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from ......

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Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Finance

12 April, 2019

Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?

Earlier this year, India’s top ride-hailing venture Ola scaled the valuation chart to become the second-most valued startup, behind Paytm ......

Regulation needed for Ola, Uber to ensure women safety: Supreme Court

TMT

13 October, 2017

Regulation needed for Ola, Uber to ensure women safety: Supreme Court

Adopting a stricter stance on safety of women, the Supreme Court has said that rules need to be put in ......

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, Uber cut driver incentives significantly in March quarter: RedSeer

TMT

30 June, 2017

Ola, Uber cut driver incentives significantly in March quarter: RedSeer

With a sharp focus on unit economics, cab-hailing companies Ola and Uber reduced driver incentives significantly in the first quarter ......

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 brakes on the ......