Ola launches self-drive car rental service in Bengaluru

Binu Paul

Home-grown ride-hailing unicorn Ola has launched a self-drive car-renting service named Ola Drive in Bengaluru. The service ....

17 October, 2019

Flipkart, Paytm and Ola see changes in top management teams: Reports

Team TC

Ecommerce giant Flipkart, digital payments unicorn Paytm, ride-hailing service Ola and Ola Electric Mobility are witnessing changes ....

16 October, 2019
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How Sachin Bansal is spending his $1 bn-plus Flipkart fortune

Supriya Roy

After selling his stake in Flipkart, the ecommerce firm he founded with IIT Delhi buddy Binny Bansal over a decade ago, Sachin ....

10 October, 2019

Former Foodpanda, Ola exec joins egrocer Milkbasket

Supriya Roy

Daily grocery delivery platform Milkbasket has appointed Nitin Gupta as its head of engineering. Gupta left food delivery platform ....

4 October, 2019

CCI raises concern over Hyundai- Kia’s $300 mn investment in Ola; Nitin Misra quits Paytm

Tanmay Tiwary

CCI raises concern over Hyundai- Kia investment in Ola The recently proposed $300 million investment in ride-hailing firm Ola ....

1 October, 2019

Ola raises $5.1 mn from Seoul-based ‘pre-IPO’ fund

Shashank Didmishe

Bengaluru-based ANI Technologies, which runs ride hailing platform Ola, has raised $5.1 million from ARK Ola Pre-IPO Private Investment ....

23 September, 2019
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Deal Roundup: Lenskart, Wow! Momo shine in a lacklustre week for startup funding

Shashank Didmishe

Fund raising activity remained tepid in the week ended September 20 with 23 technology startups garnering around $135 million ....

20 September, 2019

NPCI asks Whatsapp to make changes in data-localisation compliance framework; Ola targets top business schools for talent

Team TC

The National Payments Corporation of India (NPCI) has asked the Facebook-owned messaging app, Whatsapp, to make additional changes ....

18 September, 2019

Hyundai, KIA Motors seek CCI nod to invest in Ola EV arm, parent

Vijayakumar Pitchiah

South Korean automotive major Hyundai Motor and its sister company Kia Motors, have sought the approval of the Competition Commission ....

16 September, 2019

Ola primes for 3X growth in two-wheeler mobility business

Tanmay Tiwary

Ride hailing platform Ola has expanded its two-wheeler services to 150 cities across India. Ola claims it is making “inroads ....

13 September, 2019
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Zomato lays off 540 employees; Drivezy to deploy 1,200 bikes at OYO properties

Team TC

Restaurant aggregator Zomato has laid off over 500 employees. Gurugram-based hospitality chain OYO has entered into a commercial ....

9 September, 2019

Amazon food delivery launch gathers steam with promise of lower restaurant commissions: Report

Vijayakumar Pitchiah

Seattle-headquartered ecommerce major Amazon’s food delivery launch plans for India have gathered steam even as it is onboarding ....

6 September, 2019

Mahindra buys a controlling stake in Meru to take on Ola, Uber

Vijayakumar Pitchiah

Automobile major Mahindra & Mahindra (M&M) has signed an agreement to acquire a 55% stake in Mumbai headquartered radio ....

3 September, 2019

Amazon may launch food delivery biz through Prime Now; Suvidhaa to foray into ecommerce

Team TC

Ecommerce giant Amazon might use Prime Now to deliver groceries.  Shapoorji Pallonji-backed fintech platform Suvidhaa is ....

19 August, 2019

Hero group promoter, Micromax co-founder, others back electric cab-hailing platform Blu Smart

Vijayakumar Pitchiah

Ahmedabad- and Gurugram-based Blu Smart, which operates intra-city electric cab aggregation platform, has raised $2.2 million ....

16 August, 2019

Ola acqui-hires Pikup.ai; to focus on deep tech solutions for mobility

Shweta Sharma

Bengaluru-based ride-hailing platform Ola, owned by ANI Technologies, has acqui-hired Pikup.ai, an artificial intelligence (AI) ....

13 August, 2019

Cab aggregators face regulatory music, CCI rules in favour of OYO

Payal Ganguly

Tough norms are likely to be implemented by the central government to check ride-hailing firms. Competition Commission says OYO ....

2 August, 2019

Ola expands Australia ops with services in Queensland’s Sunshine Coast

Team TC

Bengaluru-based ride-hailing platform Ola is expanding its presence in Australia by launching services in Queensland’s Sunshine ....

2 August, 2019

Supreme Court wants centre to regulate Uber, Ola

Payal Ganguly

The Supreme Court has asked the central government to frame laws governing taxi aggregators like Ola and Uber to ensure the safety ....

1 August, 2019

Amazon India plans to acquire UberEats’ local unit; Paytm Money to get Rs 250 cr

Team TC

Retail giant Amazon’s India arm now wants to deliver food as it is planning to buy UberEats’ local unit. Paytm Money ....

29 July, 2019

Exclusive: Falcon Edge-backed mobility startup Bounce in talks to raise $50 mn for EV push

Vijayakumar Pitchiah

Wickedride Adventure Services Pvt Ltd, the Bengaluru-based company that operates dockless urban mobility platform Bounce, is lining ....

8 July, 2019