Ola Electric

Ola to stop ride-hailing operations in international markets

TMT

09 April, 2024

Ola to stop ride-hailing operations in international markets

Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup ......

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TMT

09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as ......

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TMT

03 April, 2024

Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again

India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months......

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General

01 April, 2024

Grapevine: Morgan Stanley PE, Multiples eye RG Stone stake; EDF to sell India assets

RG Stone, a chain of urology and laparoscopy hospitals in India, has initiated discussions with several private equity (......

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TMT

29 March, 2024

India's top-funded tech startups reined in FY23 losses as revenue growth slowed

India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-......

TMT

26 January, 2024

Bhavish Aggarwal becomes second Indian behind three unicorns with Krutrim

Ola co-founder Bhavish Aggarwal has become only the second Indian behind three unicorns after his artificial ......

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Consumer

23 December, 2023

Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of ......

Manufacturing

14 December, 2023

Taiwan's Gogoro enters India e-scooter market, rolls out battery swap network

Taiwan's Gogoro has started manufacturing electric scooter bikes in India and will set up around 100 battery swap ......

Manufacturing

06 December, 2023

Ola Electric slashes sales targets, delays profit goal ahead of planned IPO

India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving......

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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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