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2 mins read
Ola Electric has raised $100 million in debt to start producing its electric scooters soon
Ola Electric has raised $100 million of debt from the Bank of Baroda.
2 mins read
Ola raises half a billion dollars in debt to fuel its food delivery and quick commerce dream
Ride hailing firm Ola has raised $500 million in debt from undisclosed institutional investors as t…
2 mins read
4-year old Ola Electric is now worth over a half of its older sibling Ola
Electric vehicles (EV) giant Ola Electric has raised $200 million led by Falcon Edge, SoftBank and …
4 mins read
Indians are borrowing heavily against gold— but it may have been wiser to borrow money to buy the precious metal instead of homes
The average Indian household has been taking on more debt for nearly half a decade now. In fact, de…
5 mins read
Indian drivers may finally be taking cues from global movements against on-demand cab services
In a statement to the press, an Uber spokesperson said: We regret the disruption caused to ou…
1 min read
Are Ola and Uber actually trying to prove “poor people should never think big”?
Everything seemed hunky-dory until this year when both the cab aggregators, having acquired enough …
2 mins read
PharmEasy falls into difficult times, lays off employees for the second time this year
After delayed its plans to go for an IPO in August 2022, Mumbai-based healthtech startup PharmEasy …
2 mins read
Rupee could slide to 82 as a strengthening dollar is nullifying RBI efforts
Rupee has been extremely volatile this year despite the Reserve Bank of India efforts to keep it fr…
1 min read
Anil Ambani's Reliance Infra wins arbitration case against Delhi Metro
In a major victory, Reliance Infrastructure Ltd. on Thursday won a four-year battle for control of …
3 mins read
CMS Info Systems’ IPO to open on December 21 — Here are the important dates and details
Mumbai-based cash management company CMS Info Systems is all set to open its initial public offerin…
4 mins read
Common financial mistakes to avoid in your 30s
The 30s are a crucial period of one’s life. At this point in life, most of you must be juggling sev…
4 mins read
INTERVIEW: Grofers founder explains why he rushed to rebrand the startup and his plans seem ambitious
“We were doing it [rebranding and focusing on faster delivery] out of the mind that we either out-i…
2 mins read
Fashion retailer H&M has led a $45 million round in video discovery and commerce app Trell
Trell has raised $45 million in a Series B funding round led by Mirae Asset and H&M Group.
1 min read
Sachin Bansal invests in boAt headphones, which says it sells five units every minute
The three-year old brand has already registered ₹100 crores in FY'18 as gross sales and is eyein…
3 mins read
Stock buybacks and cutting losses: SoftBank, the Japanese investment giant behind WeWork, is under immense pressure to shield itself from an upcoming downturn
SoftBank still has a 16% stake in Uber, whose stock is still down about 45% because of the coronavi…
Bani Sapra
3 mins read
A $31.6 billion hedge fund is calling for a major overhaul of laws meant to prevent another financial crisis
"Calling for the repeal or reform of Dodd-Frank is not the same as saying that the financial system…
Rachael Levy
2 mins read
Nikesh Arora will leave SoftBank - what next?
Arora's resignation comes a day after SoftBank gave him the clean chit after a special committee re…
12 mins read
3 reasons why Uber will win in the end
Dylan's prescient 1964 song applies to today's transportation and ride-sharing industry almost as p…