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1 min read

OfBusiness joins Ola and InMobi in a special club of unicorns

Oxyzo Financial Services — the lending arm of existing unicorn OfBusiness — has raised $200 million…

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1 min read

Ola's valuation slashed by more than half by Vanguard

Leading US asset manager Vanguard has further slashed its holding in ride-hailing major Ola by more…

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2 mins read

Bhavish Aggarwal does an Elon Musk, hints at an electric car launch on Twitter while struggling with electric scooter deliveries

Even as Ola Electric is currently struggling to meet the delivery deadlines of its electric scooter…

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9 mins read

Anupam Mittal to Snapdeal founders: Meet the smartest Indian angels cracking the unicorn code

Anand Chandrasekaran, Kunal Shah, Kunal Bahl, Rohit Bansal, and Anupam Mittal have been identified …

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1 min read

Ola’s investors back its electric company – Ola Electric – welcome it to the unicorn club

Ola Electric has become India’s latest unicorn after it raised $250 million from Softbank, accordin…

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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.

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29 mins read

Zepto, Dunzo among the next 122 unicorns from India — here's the complete Hurun list

Even as the Indian startup ecosystem is in the throes of a funding winter, a latest report by Hurun…

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2 mins read

The designer for Bentley, Aston Martin and Jaguar will now work on Ola Electric's new models

Burgess is the man behind the designs of Bentley Arnage, Aston Martin’s DB9 in the mid 2000s and…

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2 mins read

Ola will become a two-wheeler maker with a new electric scooter plant in Tamil Nadu where it is investing ₹2,400 crore

Six months after it acquired the Dutch startup Etergo, Ola Electric has announced a ₹2,400 crore ($…

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2 mins read

Ola loses another founding member as Pranay Jivrajka leaves the ride-hailing giant

Ola confirmed the news to Business Insider, but said that for Jivrajka, who had been in the comp…

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2 mins read

Darwinbox, which helps Adani Group with its HR needs, is the third unicorn of 2022

Though Darwinbox has not revealed their valuation, the company has confirmed that it has cross…

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2 mins read

Ola Electric plans to hire 2000 — co-founder Bhavish Aggarwal says electric two-wheeler launch soon

Ola co-founder Bhavish Aggarwal in an email to employees said that the company plans to hire 200…

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3 mins read

Ola is facing an external and internal crisis as drivers threaten strike and seven CXOs have exited in past eight months

Until late last year, Ola was hiring top CXO executives as it was preparing for an IPO by 2021.

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1 min read

Ola completes a million rides in the UK and expands to two more cities

Indian ride-hailing unicorn Ola expanded its offerings in the UK and launched in two more cities – …

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2 mins read

Ola Electric acquires Amsterdam-based EV startup Etergo – will now manufacture electric scooters in India

Ola Electric, the unicorn subsidiary of ride-hailing giant Ola, has acquired Amsterdam-based EV sta…

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2 mins read

INTERVIEW: Don’t want to get distracted with the unicorn status, says Jupiter’s Jitendra Gupta

After being valued at a whopping $710 million last December, neobanking startup Jupiter wants to st…

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2 mins read

Two-year-old Apna is among the fastest unicorns of India, despite making no revenue

Apna, a job platform for blue collar workers, has been valued at $1.1 billion merely two years afte…

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1 min read

Ola Electric partners with BSES to set up EV charging stations in Delhi

With this partnership, Ola Electric will work with utility companies and set up charging and bat…

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1 min read

The brains behind Hyundai Santro will now join the board of Ola Electric

Ola’s subsidiary Ola Electric brought B V R Subbu on board as a director. Subbu was the former pres…