Ola
TMT
Flipkart- and Ola-backer DST Global sees $4 tn of new Internet firms by 2025
A surge in online consumer spending globally in coming years will create $4 trillion worth of new internet companies by ......
TMT
Uber felt Delhi rape case was Ola's ploy; Ola calls it ‘all-time low'
Ride-hailing company Uber Technologies Inc. has reportedly fired Eric Alexander, president of the company’s Asia-Pacific business, for obtaining and keeping ......
People
After COO Nitin Seth, Flipkart loses two more senior executives
Two days after Flipkart’s chief operating officer Nitin Seth resigned from the company, the homegrown e-commerce firm is reportedly losing ......
TMT
Wary of investors taking control, Ola founders secure their place at the wheel
In a move to prevent a hostile takeover, cab hailing app Ola has rewritten the rules of engagement to restrict ......
TMT
Ola looks to conquer small cities with lightweight, app-like mobile site
In a bid to acquire customers in small cities, where Internet speeds are slow and low-end smartphones still popular, home-grown ......
TMT
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 ......
TMT
SoftBank posts $1.4-bn loss on Snapdeal, Ola investments
Japanese investor and Internet giant SoftBank Group Corp has reported a valuation loss of $1.4 billion on its two flagship ......
TMT
Ola's Aggarwal, Bhati lowest-paid unicorn founders, yet raked in millions
Bhavish Aggarwal and Ankit Bhati, co-founders of cab-aggregator Ola, may be the proverbial poster boys of Indian e-commerce, but they ......
TMT
Ola raises $104 mn more from Falcon Edge, Ratan Tata fund
Cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, has raised Rs 670 crore ($104.4 million) in a fresh round ......
TMT
Ola lost Rs 5 for each rupee earned in FY16
Cab-hailing firm Ola reported a three-fold rise in losses for the year through March 2016 as it spent heavily to ......
