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How SoftBank is going about its quest to rule the road

TMT

12 April, 2019

How SoftBank is going about its quest to rule the road

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber...

Uber files for IPO, warns it may 'never' make a profit

TMT

12 April, 2019

Uber files for IPO, warns it may 'never' make a profit

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing ......

Uber to float $10-billion IPO, lowers valuation expectation

TMT

10 April, 2019

Uber to float $10-billion IPO, lowers valuation expectation

Uber Technologies Inc has decided it will seek to sell around $10 billion worth of stock in its initial public ......

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

TMT

26 March, 2019

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in...

Hyundai Motor, Kia to invest $300 mn in Ola

TMT

19 March, 2019

Hyundai Motor, Kia to invest $300 mn in Ola

South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform...

Former Cisco exec, others back outstation taxi service firm Gozo Cabs

TMT

05 March, 2019

Former Cisco exec, others back outstation taxi service firm Gozo Cabs

Outstation taxi service provider Gozo Cabs has raised an undisclosed amount from a bunch of Silicon Valley-based individuals including...

New US-based investors infuse fresh capital into Ola

TMT

05 February, 2019

New US-based investors infuse fresh capital into Ola

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of ......

Hong Kong investment firm leads Rapido's Series A funding round

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25 January, 2019

Hong Kong investment firm leads Rapido's Series A funding round

Bike taxi startup Rapido has raised $10 million (Rs 71 crore) in a Series A funding round led by Hong ......

Flipkart co-founder Sachin Bansal invests $21 mn in Ola

TMT

14 January, 2019

Flipkart co-founder Sachin Bansal invests $21 mn in Ola

Flipkart co-founder Sachin Bansal has invested Rs 149.99 crore ($21.18 million) in ANI Technologies Pvt. Ltd, which operates homegrown...

Steadview Capital invests more in Ola as valuation soars

TMT

10 January, 2019

Steadview Capital invests more in Ola as valuation soars

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding...

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