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Ola Electric demands user drop defamatory content

TMT

12 May, 2022

Ola Electric demands user drop defamatory content

Electric two-wheeler manufacturer Ola Electric Mobility Pvt Ltd on Wednesday sent a legal response to Guwahati-based Balwant Singh, demanding he ......

Ola Cars chief executive Arun Sirdeshmukh to step down

People

05 May, 2022

Ola Cars chief executive Arun Sirdeshmukh to step down

SoftBank-backed Ola's vehicle commerce platform (Ola Cars) chief executive Arun Sirdeshmukh will be exiting the firm seven months after his ......

Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops

People

12 April, 2022

Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops

Bhavish Aggarwal, Founder and Group Chief Executive Officer of cab aggregator platform Ola, operated by ANI Technologies Pvt Ltd, will ......

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Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

Finance

11 April, 2022

Startups find offshore, venture debt cheaper as volatility in equity fundraising increases

India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising, are finding offshore debt ......

Ola to buy fintech firm Avail Finance to strengthen financial services biz

Finance

25 March, 2022

Ola to buy fintech firm Avail Finance to strengthen financial services biz

SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking platform Avail ......

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Unicorns stumble at the hurdles in 2022 after successful sprint run

TMT

22 March, 2022

Unicorns stumble at the hurdles in 2022 after successful sprint run

Technology startups in India, the world's third-largest startup ecosystem, had a very good run for the last two years with ......

Ola raises additional Rs 150 cr in ongoing Series J round

TMT

22 February, 2022

Ola raises additional Rs 150 cr in ongoing Series J round

Cab ride-hailing aggregator Ola Cabs, operated by ANI Technologies Pvt Ltd, has raised Rs 150 crore in its ongoing Series ......

Ola rebrands quick commerce segment; aims to set up 500 'dark stores'

TMT

28 January, 2022

Ola rebrands quick commerce segment; aims to set up 500 'dark stores'

ANI Technologies Pvt Ltd, parent of ride-hailing company Ola, has rebranded its quick commerce business as Ola Dash and aims to set up ......

Ola Electric raises $200 mn from Tekne Private Ventures, others at $5 bn valuation

TMT

24 January, 2022

Ola Electric raises $200 mn from Tekne Private Ventures, others at $5 bn valuation

Ola Electric Mobility Pvt Ltd, the electric vehicle arm of Ola Cabs’ parent ANI Technologies Pvt Ltd, has raised $200 million (nearly Rs ......

IPO-bound Ola raises $500 mn through Term Loan B

Finance

16 December, 2021

IPO-bound Ola raises $500 mn through Term Loan B

Indian cab hailing company, Ola, which is eyeing a public listing by the first half of 2022, has raised $500 ......