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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 cab-hailing ......

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 ......

Uber, rival Lyft file IPO papers simultaneously as race heats up to go public

TMT

10 December, 2018

Uber, rival Lyft file IPO papers simultaneously as race heats up to go public

Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, ......

Uber, Ola get clean chit from competition watchdog over price-fixing allegations

General

08 November, 2018

Uber, Ola get clean chit from competition watchdog over price-fixing allegations

In response to a complaint against cab aggregators Uber and Ola, the Competition Commission of India (CCI) has ruled that ......

Careem acqui-hires bus aggregator Commut; Shuttl to take over local ops

TMT

24 September, 2018

Careem acqui-hires bus aggregator Commut; Shuttl to take over local ops

UAE-headquartered ride-hailing firm Careem has acqui-hired app-based Indian bus shuttle operator Commut as it readies to launch bus booking services ......

Hyundai picks up stake in car rental startup Revv

TMT

20 August, 2018

Hyundai picks up stake in car rental startup Revv

Hyundai Motor Company has invested in Indian self-drive car rental startup Revv, joining a raft of global carmakers backing new ......

Sequoia, Accel back online two-wheeler rental firm Wickedride

TMT

22 June, 2018

Sequoia, Accel back online two-wheeler rental firm Wickedride

Wickedride Adventure Services Pvt. Ltd, which runs separate online motorbike and scooter rental platforms, has raised Rs 62.13 crore (around ......

Uber elevates India head to Asia-Pacific chief

People

28 May, 2018

Uber elevates India head to Asia-Pacific chief

Uber India and South Asia chief Amit Jain will now head the ride-hailing app’s operations in the Asia-Pacific, with his ......

Bike and car pooling startup Pooltoo gets seed funding

TMT

04 April, 2018

Bike and car pooling startup Pooltoo gets seed funding

New Delhi-based intra-city bike and car-pooling startup Pooltoo, headed by three women entrepreneurs, have raised an undisclosed amount in seed ......

Ola acquires transport-ticketing app Ridlr

TMT

03 April, 2018

Ola acquires transport-ticketing app Ridlr

Homegrown cab-hailing major Ola has acquired Ridlr, a public-transport ticketing app, for an undisclosed sum, amid growing rivalry with foreign ......