Ola to open tech centre in San Francisco Bay Area in push for electric, autonomous mobility

Payal Ganguly

Homegrown ride-hailing company Ola has said that it will set up its first technology centre in the San Francisco Bay Area, which ....

14 June, 2019

Now, Uber zips around Bengaluru in Bajaj buggies

Shweta Sharma

Ride-hailing company Uber has rolled out quadricycles branded as Qute for Bengaluru operations in partnership with Bajaj Auto, ....

13 June, 2019
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How Uber’s India tech centres have become a breeding ground for innovation

Anand J

US-headquartered Uber will soon make its cab-hailing app available in Indian languages amid efforts to rack up another billion ....

21 May, 2019

Uber ties up with Yulu to offer e-bikes in Bengaluru

Om Athavale

Ride-hailing company Uber Technologies Inc. has tied up with micro-mobility platform service Yulu to offer electric bikes to users ....

10 May, 2019

Breaking: Hyundai, Kia Motors lead $351 mn round in Ola at $6.2 bn valuation

Vijayakumar Pitchiah

Bengaluru based ANI Technologies Pvt Ltd, which operates ride hailing service Ola, has raised $351.50 million (Rs 2469.80 crore ....

10 May, 2019

Ola’s electric mobility arm gets funding from Ratan Tata as part of Series A round

Binu Paul

Ola’s electric vehicles arm has raised an undisclosed sum from Ratan Tata, chairman emeritus of Tata Sons, it said in a ....

6 May, 2019
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Ola board okays proposal to issue fresh shares worth $355 mn for fundraising

Vijayakumar Pitchiah

Ola’s board has allowed the homegrown cab-hailing firm to issue new shares worth $355 million (Rs 2,469.80 crore at current ....

2 May, 2019

Uber’s APAC head Amit Jain resigns

Binu Paul

Cab-hailing major Uber Technologies Inc's Asia Pacific head Amit Jain has resigned from the company. Jain will leave at the ....

24 April, 2019

Ola drives into three more cities in Britain

Kavya Kothiyal

Ola has launched its cab-hailing services in three more cities in the United Kingdom as the homegrown unicorn presses on with ....

29 March, 2019

Karnataka govt lifts ban on ride-hailing firm Ola

Payal Ganguly

Two days after suspending its cab aggregator licence for operating bike-taxi services, the Karnataka government lifted the ban ....

25 March, 2019
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Karnataka transport department suspends Ola’s aggregator licence

Binu Paul

In a major setback to Ola, the Karnataka transport department has suspended the cab-hailing unicorn’s aggregator licence ....

22 March, 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

Swiggy’s revised byelaws ask investors to operate at arm’s length from Uber

Payal Ganguly

Indian online food delivery service Swiggy’s board has approved tweaks to its articles of association that, among other ....

11 March, 2019

Uber ropes in former Axis Bank exec as India marketing head

Vijayakumar Pitchiah

Cab hailing major Uber has appointed former Axis Bank executive Manisha Lath Gupta as the head of marketing for its Indian operations, ....

5 March, 2019

Outstation taxi service firm Gozo Cabs raises funding

Binu Paul

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

5 March, 2019

Mahindra & Mahindra’s electric vehicles drive into shared mobility space

Anirban Ghoshal

Listed carmaker Mahindra & Mahindra Ltd has entered the shared mobility space with an electric vehicles-based ride-hailing ....

26 February, 2019

Uber posts $50 bn in 2018 bookings but profit remains elusive

Reuters

Uber Technologies Inc had $50 billion in total bookings for its ride-service and food-delivery businesses last year, a testament ....

18 February, 2019

Fleet platforms MoveInSync, Routematic foray into ride-hailing space

Payal Ganguly

Fleet platforms MoveInSync Technology Solutions Pvt. Ltd and Routematic will enter the ride-hailing segment focusing on office-goers ....

14 February, 2019

Ola raises $16 mn in fresh capital from new US-based investors

Kavya Kothiyal

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

5 February, 2019

Ola lost Rs 1.5 for every rupee earned in FY18

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing major Ola, reported a nearly 57% rise in operating revenues and ....

1 February, 2019

Uber starts pilot speedboat service in Mumbai

Kavya Kothiyal

Ride-hailing company Uber Technologies Inc. started a pilot speedboat service in Mumbai on Wednesday as part of its plans to provide ....

30 January, 2019