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Uber sells Southeast Asia business to SoftBank-backed Grab

TMT

26 March, 2018

Uber sells Southeast Asia business to SoftBank-backed Grab

Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ......

Matrix Partners leads Series A investment round in fintech startup Avail Finance

TMT

14 March, 2018

Matrix Partners leads Series A investment round in fintech startup Avail Finance

Bangalore-based Goddard Technical Solutions Pvt. Ltd, which operates online lending platform Avail Finance, has raised $17.2 million (Rs 111 crore) ......

Tencent leads $115 mn round in music streaming service Gaana

TMT

28 February, 2018

Tencent leads $115 mn round in music streaming service Gaana

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India. This time, it has led a $115-million (Rs ......

Ola launches internal corruption probe against HR-admin head

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16 February, 2018

Ola launches internal corruption probe against HR-admin head

Homegrown taxi aggregator Ola has initiated an internal probe into allegations of fraud amounting to millions of dollars against human ......

Mumbai diamond merchant invests in food-tech startup Holachef

TMT

13 February, 2018

Mumbai diamond merchant invests in food-tech startup Holachef

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer and distributor ......

SoftBank, China's Didi to roll out ride-hailing venture in Japan

TMT

09 February, 2018

SoftBank, China's Didi to roll out ride-hailing venture in Japan

China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing ......

Ola slams brakes on Shuttle bus services

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07 February, 2018

Ola slams brakes on Shuttle bus services

Ride-hailing company Ola has terminated its bus services under Ola Shuttle on many routes in several cities and is now ......

Ola to shut down bus unit Shuttle

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06 February, 2018

Ola to shut down bus unit Shuttle

Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ......

Uber, Ola and others sign shared mobility principles for livable cities

TMT

02 February, 2018

Uber, Ola and others sign shared mobility principles for livable cities

Fifteen of the world’s leading tech-enabled transportation services companies, including Indian cab aggregator Ola and its US-based rival Uber, have ......

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

TMT

01 February, 2018

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

Although the Budget 2018 was a decidedly populist one focused the rural economy, finance minister Arun Jaitley emphasised the importance ......