Bhavish Aggarwal

Flipkart co-founder Sachin Bansal invests $92 mn in Ola

Binu Paul

Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing ....

19 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
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Ola’s long-serving exec and interim COO quits company

Vijayakumar Pitchiah

Ola old-timer and interim chief operations officer (COO) Pallav Singh has quit the company after serving almost seven years, The ....

14 January, 2019

Exclusive: Ola gets $74 mn from Steadview Capital, valuation jumps

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding ....

10 January, 2019

Ola to invest $100 mn in Vogo, add scooter fleet to app

Kavya Kothiyal

Ride-hailing unicorn Ola announced on Tuesday that it will invest $100 million (around Rs 720 crore) in scooter-sharing firm Vogo ....

18 December, 2018

SoftBank offers to invest $1 bn more in Ola: Report

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank may invest another $1 billion in homegrown cab-hailing major Ola, a report in a financial ....

4 December, 2018
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Flipkart co-founder Sachin Bansal may invest $100 mn in Ola

Dearton Thomas Hector

Richer after his exit from his first venture Flipkart, Sachin Bansal seems all set to make his biggest personal investment ever ....

11 October, 2018

Why MakeMyTrip’s Deep Kalra is worried about the future of Indian startups

Binu Paul

MakeMyTrip chairman and group chief executive officer Deep Kalra has warned about a potential takeover of the Indian startup ecosystem ....

1 October, 2018

Ola’s new initiative uses AI to ensure customer safety

Kavya Kothiyal

Homegrown cab-hailing major Ola, run by ANI Technologies Pvt. Ltd, on Tuesday launched project Guardian, a real-time monitoring ....

25 September, 2018

Ola dials Naspers, Temasek and others for new investment round: Report

Payal Ganguly

ANI Technologies Pvt. Ltd, which owns ride-hailing company Ola, is in discussions with South African internet conglomerate Naspers ....

24 September, 2018
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Ola founders, Temasek to acquire 10% stake in ride-hailing firm

Vijayakumar Pitchiah

Ola’s co-founders, along with Singapore’s state investment arm Temasek, are in the process of buying out a less than ....

7 September, 2018

Two more senior executives quit cab aggregator Ola

Kavya Kothiyal

Cab-hailing firm Ola, run by Bengaluru-based ANI Technologies Pvt. Ltd, has seen some more senior-level exits. Saikiran Krishnamurthy, ....

6 September, 2018

Aim to aid local startups but not looking at protectionism: IndiaTech CEO Kailasam

Dearton Thomas Hector & Anand J

The debate around a ‘level-playing field’ for Indian startups intensified towards the end of 2016 when Flipkart co-founder ....

4 September, 2018

Ola hires former Google executive to head UK ops

Vijayakumar Pitchiah

Days after announcing its foray into Britain, homegrown ride-hailing firm Ola on Monday announced the appointment of a managing ....

13 August, 2018

After India and Australia, Ola will now lock horns with Uber in UK

Vijayakumar Pitchiah

Homegrown ride-hailing unicorn Ola announced on Tuesday that it will foray into a second international market by launching services ....

7 August, 2018

Quikr, Paytm bosses top techpreneurs pay chart - who else got fat cheques?

Dearton Thomas Hector & Keshav Sunkara

Founders of India’s largest and best-funded internet and digital technology firms took home an average hike of 20% in gross ....

13 July, 2018

SoftBank-backed Ola hires former eBay Australia head to lead biz Down Under

Dearton Thomas Hector

Homegrown cab-hailing major Ola has appointed Simon Smith, the former chief executive of online retailer eBay Australia, as the ....

4 July, 2018

Uber India's support unit sees growth stagnate in FY17, profit up a tad

Dearton Thomas Hector

The key India unit of US-based ride-hailing app Uber saw its revenue growth flatten for the financial year ended March 2017. Mumbai-based ....

21 June, 2018

Ola lost Rs 4 for every rupee earned in revenue for FY17

Dearton Thomas Hector

Homegrown cab aggregator Ola more than doubled its revenue in the year through March 2017 but reported a wider loss as it continued ....

13 June, 2018

Ola unveils electric vehicle programme focusing on e-rickshaws, auto-rickshaws

Shweta Sharma

Homegrown cab-hailing major Ola has announced Mission Electric, a programme to launch 10,000 electric vehicles, most of them three-wheelers, ....

16 April, 2018

Lobby group Indiatech’s CEO quits over differences with promoters

Binu Paul

Indiatech.org, a lobby group launched by Indian internet unicorns Flipkart, Ola, and MakeMyTrip, suffered a setback as its chief ....

2 April, 2018