Ola
TMT
Ola to raise $2 bn from SoftBank, Tencent, others
India’s ride-hailing company Ola on Monday secured $2 billion in new funding from a group of investors, including SoftBank Group ......
TMT
VCC Startups weekly wrap: Flipkart, Amazon in war of words; Legal tussle at ShopClues
Coming as it did on the heels of the festive sale frenzy, last week was another hectic one for India's ......
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Delhi government to regulate Ola, Uber fares
The Delhi government will soon launch a City Taxi Scheme 2017 which will see online taxi aggregators Uber and Ola ......
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Flipkart, Ola, others launch lobby group for Indian e-commerce firms
A number of prominent Indian consumer Internet companies, headed by e-commerce firm Flipkart, ride-hailing service Ola, and travel portal MakeMyTrip, ......
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VC-backed cab aggregator Roder shuts operations
Delhi-based Vecto Technologies Pvt. Ltd, which operated inter-city cab aggregator Roder, has shut down operations, its co-founder Abhishek Negi told ......
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Rapido set to acquire Hyderabad bike-sharing startup Getbike
Bike taxi company Rapido is in advanced stages of completing a deal to acquire Hyderabad-based Vave Infosolutions India Pvt. Ltd, ......
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Uber reviews Asia business amid US bribery probe
Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a ......
People
Ola hires former Flipkart exec Saikiran Krishnamurthy as senior vice-president
Homegrown cab hailing startup Ola has appointed former Flipkart executive Saikiran Krishnamurthy as its senior vice-president, a financial daily reported.Krishnamurthy, ......
TMT
Uber faces FBI probe over software targeting rival Lyft
The Federal Bureau of Investigation is probing to see if Uber Technologies Inc had used software to illegally interfere with ......
TMT
Is the car-leasing strategy of Ola, Uber working?
Ride-hailing firm Ola has secured a loan of Rs 1,000 crore from Yes bank to finance its cab-leasing business. Ola ......
