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Ola's cab-leasing arm gets Yes Bank loan for fleet expansion

TMT

04 September, 2017

Ola's cab-leasing arm gets Yes Bank loan for fleet expansion

Ola Fleet Technologies Pvt. Ltd, the cab-leasing arm of taxi aggregator Ola, has secured a term loan of Rs 1,000 ......

Hope to make ‘peace' between Uber, Ola at some point: SoftBank Vision Fund CEO

TMT

01 September, 2017

Hope to make ‘peace' between Uber, Ola at some point: SoftBank Vision Fund CEO

The consumer Internet industry will always have scope for consolidation and there will be no room for a No. 3 ......

Uber to provide free insurance for drivers in India

TMT

29 August, 2017

Uber to provide free insurance for drivers in India

Global ride-hailing firm Uber Technologies will give free insurance to its 450,000 driver partners in India that will cover death, ......

Uber launches UPI-based payment facility

TMT

23 August, 2017

Uber launches UPI-based payment facility

Following in the footsteps of rival Ola, cab-hailing firm Uber Technologies, Inc. has announced the launch of a Unified Payments ......

Uber India hires former AmEx exec Vishpala Reddy as chief people's officer

People

21 August, 2017

Uber India hires former AmEx exec Vishpala Reddy as chief people's officer

San Francisco-based cab-hailing major Uber Technologies Inc. has appointed former head of human resources at American Express India, Vishpala Reddy, ......

Why SoftBank's Flipkart bet demands a look into its India strategy

TMT

17 August, 2017

Why SoftBank's Flipkart bet demands a look into its India strategy

Over the past two years, SoftBank Group Corp has not only emerged as an aggressive investor, globally, and in India, ......

Ola hires former eKart exec Harish Abhichandani as CFO

People

17 August, 2017

Ola hires former eKart exec Harish Abhichandani as CFO

Former eKart executive Harish Abhichandani has joined cab-hailing firm Ola as chief financial officer (CFO), his LinkedIn profile shows.Abhichandani replaces ......

Uber in talks with SoftBank, Didi Chuxing and others for investment

TMT

16 August, 2017

Uber in talks with SoftBank, Didi Chuxing and others for investment

Global taxi aggregator Uber Technologies Inc is in discussions with a group of investors, including Japan's SoftBank Group and Chinese ......

Should Ola lose sleep over SoftBank's plans to back Uber?

TMT

11 August, 2017

Should Ola lose sleep over SoftBank's plans to back Uber?

After denying it earlier, Japanese Internet conglomerate SoftBank Group Corp. confirmed its intent to invest in Uber Technologies, Inc., the ......

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 ......