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Mumbai Uber, Ola drivers call for strike over falling income, rise in suicides

TMT

04 December, 2017

Mumbai Uber, Ola drivers call for strike over falling income, rise in suicides

Drivers and car partners of app-based taxi aggregators Uber and Ola in Mumbai have called for an indefinite strike to ......

VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds

TMT

02 December, 2017

VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds

Japanese investor SoftBank was in focus this week as it moved ahead on its share purchase of Indian e-tailer Flipkart ......

From hunter to gatherer: Why part-exiting Flipkart, Ola is a prudent move by Tiger

TMT

30 November, 2017

From hunter to gatherer: Why part-exiting Flipkart, Ola is a prudent move by Tiger

New York-based investment firm Tiger Global has seen all seasons of startup investing in India—a full-of-promise spring in 2005-10, a ......

Ola to launch bicycle sharing, runs pilot on IIT Kanpur campus

TMT

30 November, 2017

Ola to launch bicycle sharing, runs pilot on IIT Kanpur campus

Under its ambitious plan of covering a wide spectrum of transportation services, cab-aggregator Ola plans to launch bicycle sharing, and ......

SoftBank's purchase of Flipkart shares from Tiger, Accel awaits regulatory nod

TMT

29 November, 2017

SoftBank's purchase of Flipkart shares from Tiger, Accel awaits regulatory nod

The sale of Tiger Global and Accel's shares in homegrown e-commerce firm Flipkart to Japan's SoftBank is awaiting clearance from ......

SBI launches digital lifestyle and banking services platform YONO

TMT

25 November, 2017

SBI launches digital lifestyle and banking services platform YONO

State Bank of India, the country’s largest financial institution, which ranks among the top 50 global banks by assets and ......

VCC Startups weekly wrap: Tiger's Fixel quits Ola, Nilekani's philanthropic move

TMT

25 November, 2017

VCC Startups weekly wrap: Tiger's Fixel quits Ola, Nilekani's philanthropic move

The developments at Ola clearly hogged the limelight during the week, with Tiger Global’s managing partner Lee Fixel stepping down ......

After Delhi, Maharashtra government considers regulating Uber, Ola fares

TMT

24 November, 2017

After Delhi, Maharashtra government considers regulating Uber, Ola fares

The Maharashtra government is reviewing the recommendations of an expert committee to set the fares of app-based cab-hailing services such ......

Uber rival Grab appoints Paytm exec as CTO of payments arm

People

23 November, 2017

Uber rival Grab appoints Paytm exec as CTO of payments arm

Southeast Asian cab-hailing major Grab has appointed Vikas Agrawal as the chief technology officer of its mobile payments wing, GrabPay, ......

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 ......