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Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

TMT

03 May, 2017

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 ......

Ola lost Rs 5 for each rupee earned in FY16

TMT

01 May, 2017

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 ......

Ola forms new entity to train drivers

TMT

28 April, 2017

Ola forms new entity to train drivers

Bangalore-based ANI Technologies Pvt. Ltd, which operates homegrown cab aggregator Ola, has spun out a new entity that will train ......

SoftBank likely to invest $1.9 bn, pick up 20% in Paytm

TMT

28 April, 2017

SoftBank likely to invest $1.9 bn, pick up 20% in Paytm

Masayoshi Son’s media and Internet conglomerate SoftBank Group is likely to put in $1.9 billion (Rs 12,000 crore) into One ......

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Bus pooling app ZipGo raises Series A funding

TMT

26 April, 2017

Bus pooling app ZipGo raises Series A funding

Bangalore-based ZipGo Technologies Pvt. Ltd, the operator of an eponymous bus pooling app, has raised a Series A round of ......

Ola seeks to raise another $100 mn from existing investors

TMT

21 April, 2017

Ola seeks to raise another $100 mn from existing investors

Cab-hailing aggregator Ola, which is operated by ANI Technologies Pvt. Ltd, is looking to raise another $100 million (Rs 646 ......

Ed-tech market far from saturation, says Zishaan Hayath of Toppr

TMT

20 April, 2017

Ed-tech market far from saturation, says Zishaan Hayath of Toppr

Zishaan Hayath, the co-founder of ed-tech company Toppr, is also a prolific angel investor. He has invested in at least ......

SoftBank in talks to invest $1.5 bn in Paytm

TMT

19 April, 2017

SoftBank in talks to invest $1.5 bn in Paytm

Japanese Internet conglomerate and investor SoftBank Group Corp has now set its sights on the payments space in India, and ......

Uber's head of self-driving car programme Sherif Marakby quits

TMT

18 April, 2017

Uber's head of self-driving car programme Sherif Marakby quits

Cab-hailing firm Uber Technologies Inc’s vice president of global vehicle programmes Sherif Marakby has left the company, according to media ......

Delhi High Court issues restraining order on strike by Ola, Uber drivers

TMT

17 April, 2017

Delhi High Court issues restraining order on strike by Ola, Uber drivers

The call for a one-day strike on Tuesday by driver-partners of taxi-hailing companies Uber and Ola, as well as kaali-peeli ......