Ride-hailing firm Grab signs up for Qubole’s cloud-native big data platform

Tanmay Tiwary

Singapore-based ride-sharing company Grab has selected Qubole’s cloud-native big data platform on Microsoft Azure for Presto-based ....

20 June, 2019

Ola raises $300 mn from Hyundai Motor, Kia

Binu Paul

Ride-hailing company Ola has raised $300 million (Rs 2,050 crore) from South Korean automakers Hyundai Motor Co and Kia Motors ....

19 March, 2019
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OYO to invest $200 mn in India & Southeast Asia ops this year

Vijayakumar Pitchiah

Hospitality unicorn OYO has committed to invest Rs 1,400 crore (around $200 million) in its Indian and Southeast Asian operations ....

12 March, 2019

SparesHub, EroNkan secure fresh capital; Reliance looks to snap up Fynd

Binu Paul

Automobile parts marketplace SparesHub, run by Iradium Automobiles Pvt. Ltd, has raised Rs 3.5 crore  ($500,710 at current ....

11 March, 2019

Reliance acquiring majority stakes in Grab, C-Square to boost hybrid commerce biz

Vijayakumar Pitchiah

Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery ....

4 March, 2019

OYO marks close of $1 bn funding round with Didi Chuxing investment

Binu Paul

Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm ....

14 February, 2019
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OYO makes top-level appointments to expand overseas business

Kavya Kothiyal

Budget hospitality chain OYO has strengthened its top deck by making a slew of international appointments to expand across different ....

10 January, 2019

Budget hospitality chain OYO unveils staff stock option buyback

Vijayakumar Pitchiah

Former and current staffers of Gurugram-based Oravel Stays Pvt. Ltd, which owns budget hospitality chain OYO, are set for a bonanza ....

28 December, 2018

For Uber, 11% of global rides come from India: Report

Dearton Thomas Hector

Uber’s India and South Asia head Pradeep Parameswaran said in an internal email to company executives that 11% of the cab-hailing ....

6 December, 2018

OYO gets $100-mn cheque from ride-hailing firm Grab

Dearton Thomas Hector

Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing ....

5 December, 2018
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OYO in talks to raise funding from Singapore ride-hailing firm Grab

Kavya Kothiyal

Budget hospitality chain OYO is in advanced discussions to raise $100 million (Rs 697.7 crore) from Singapore-based ride-hailing ....

3 December, 2018

BookMyShow joins Grab’s accelerator programme to expand Southeast Asia biz

Kavya Kothiyal

Bigtree Entertainment Pvt. Ltd, which owns and operates online ticketing platform BookMyShow, has joined Grab Ventures Velocity, ....

23 November, 2018

Singapore says Grab-Uber merger reduced competition, proposes penalties

Reuters

Singapore's Competition and Consumer Commission said on Thursday the merger of Grab and Uber had substantially lessened competition ....

5 July, 2018

Uber shrinks quarterly loss, plans new share sale

Reuters

Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services ....

24 May, 2018

Uber 'doubling down' on India investments, says top executive

Reuters

Ride-hailing giant Uber Technologies Inc is "doubling down" on its investments in India, one of its biggest markets, ....

18 April, 2018

SoftBank-backed Grab acquires Uber's Southeast Asia business

Team TC

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

26 March, 2018

Uber CEO says car ownership bigger threat than Ola, vows to invest more in India

Anirban Ghoshal

Uber's chief executive officer Dara Khosrowshahi said on Wednesday that the ride-hailing company will continue to invest in ....

22 February, 2018

Now Chinese ride-hailing major Didi Chuxing wants to go global

Dearton Thomas Hector

Chinese taxi-hailing firm Didi Chuxing has expressed its ambitions to go global. Didi's president Jean Liu made it clear at an ....

21 October, 2016

Apple-backed Didi plans self-driven cars

Dearton Thomas Hector

The Chinese ride hailing firm Didi Chuxing is reportedly working on self-driving cars. According to Bloomberg Businessweek, Didi ....

7 October, 2016

Uber's Southeast Asia battle intensifies as rival Grab raises funding

Dearton Thomas Hector

Southeast Asian cab-hailing firm Grab has raised $750 million in a round led by Japan's SoftBank Group Corp. This has increased ....

21 September, 2016

IAN invests in relocation service provider Pikkol

Arti Singh

Bangalore-based relocation service provider Pikkol has raised an undisclosed amount of funding from Indian Angel Network. Angel ....

17 August, 2016