In Brief: CCI approves Amazon’s plan to buy a minority stake in Future Group; Ola restructures operations

Tanmay Tiwary

Anti-trust regulator Competition Commission of India has approved Amazon’s plan to acquire a minority stake in Mumbai headquartered ....

29 November, 2019

In Brief: Govt plans 10% commission cap for Ola, Uber; BlackBuck offers truck owners free FASTTags

Tanmay Tiwary

The central government is planning to cap the commission earned on rides by cab aggregators like Uber and Ola to a maximum of ....

28 November, 2019

WeWork to cull 2,400 jobs; Uber, Bounce to partner for two-wheeler rentals

Supriya Roy

The much talked-about layoffs at coworking startup WeWork have reportedly begun as the severely loss-making company sets about ....

22 November, 2019

Shared mobility startup Vogo widens FY19 losses; expenses shoot up to Rs 46.3 crore

Supriya Roy

Scooter sharing startup Vogo Automotive widened losses to Rs 39.2 crore in financial year 2018-2019 against Rs 3.3 crore a year ....

15 November, 2019

Shared mobility major Uber pumps $246 mn into India arm

Shashank Didmishe

Uber India Systems, the local arm of San Francisco headquartered shared mobility firm Uber, has raised $246 million from parent ....

13 November, 2019

Travis Kalanick building India team for cloud kitchen venture; Tencent invests in PolicyBazaar: Reports

Tanmay Tiwary

Uber co-founder Travis Kalanick building an India team to operate CloudKitchens Uber co-founder Travis Kalanick has begun building ....

11 November, 2019

Uber ride sharing and food delivery businesses in India valued at $369 mn

Shashank Didmishe

Uber’s ride sharing and food delivery businesses in India have been valued at $265 million and $104 million respectively, ....

5 November, 2019

The reason behind Uber India’s restructuring; Govt flags digital payments risks amid WhatsApp breach

Tanmay Tiwary

Uber recently restructured its India business. The government has expressed concerns over allowing social media companies into ....

4 November, 2019

Rapyd appoints ex-Uber executive Mahesh Muraleedharan to lead India operations

Shweta Sharma

Global Fintech-as-a-Service platform Rapyd has appointed Mahesh Muraleedharan to lead its operations in India.  In his ....

1 November, 2019

Uber to double engineering headcount in India, launches public transport on app

Payal Ganguly

Uber chief executive Dara Khosrowshahi believes India is central to the company’s product development strategy for the next ....

22 October, 2019

Half a dozen senior Ola executives quit; Delhi HC seeks govt response over VoIP breach

Tanmay Tiwary

Ride-hailing giant Ola sees several senior executives quit. Government likely to wait before placing the draft Personal Data Protection ....

22 October, 2019

Swiggy to hire 3 lakh delivery executives; Centre reviews surge pricing by cab aggregators

Tanmay Tiwary

Food tech company Swiggy wants to hire more delivery executives. The government is reviewing cab aggregators’ surge pricing. ....

21 October, 2019

Uber trims India workforce; LimeRoad raises fresh funds

Tanmay Tiwary

Ride-hailing giant Uber has sacked its employees in India. Gurugram-based A M Marketplaces, which runs the social commerce platform ....

16 October, 2019

SC scraps plea to link Aadhaar with social media accounts; Govt to invest more in startups

Tanmay Tiwary

No mandatory Aadhar linking with social media accounts. Indian government wants to increase funding in startups.  SC scraps ....

15 October, 2019

Uber Works goes live in Chicago

Supriya Roy

Ride-hailing giant Uber launched an app to connect blue-collar workers with small businesses that need to fill shifts with temporary ....

4 October, 2019

P2P lenders ask govt to relax credit norms; Uber restructures India operations

Tanmay Tiwary

An industry body for peer-to-peer (P2P) lending platforms has approached the government to relax credit norms for the sector. ....

4 October, 2019

Enterprise Tech Dispatch: US ups the battle against China in AI, Noida startup aids battery analytics

Anirban Ghoshal

Even as governments across the world seek to capitalise on frontier technologies for security and defence capabilities, two countries, ....

13 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

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

Uber may launch bus services soon; Zomato fires customer support employees

Team TC

SoftBank-backed payments firm Paytm saw a drop in UPI transactions during the month of July, even as overall UPI transactions ....

8 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