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4 mins read
“They took away my only source of livelihood” — As police impound bike taxis in Bengaluru, captains cry in despair
After Bengaluru auto-rickshaw drivers protested against bike taxis, captains have faced strict and …
1 min read
Popular Vehicles and Services to float IPO on March 12
The IPO comprises a fresh issuance of equity shares worth Rs 250 crore and an Offer For Sale (O…
PTI
1 min read
Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise
Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…
1 min read
DotPe raises $58 mn, plans to foray into financial services
The platform, which "plans to foray into financial services", currently serves over 7.5 million …
1 min read
Ola fined by RBI for failing to comply with its KYC norms
The Reserve Bank of India (RBI) on Tuesday fined Ola Financial Services Private Ltd over Rs 1.67 cr…
1 min read
Ola to invest up to ₹786 crore in Ola Financial Services
As per documents submitted by ANI Technologies (which operates Ola) to the Registrar of Companie…
PTI
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…
1 min read
Xiaomi shuts Mi Financial Services in India to focus on core biz services
Global technology brand Xiaomi on Friday said it has closed the Mi Financial Services in India as p…
2 mins read
Ola Electric, Ather to refund charger cost to e-scooter buyers
Ola Electric and Ather Energy on Thursday said they will reimburse the cost of chargers to buyers o…
PTI
1 min read
Goa govt launches taxi service app to facilitate easy travel for tourists
Speaking on the occasion, Sawant said the tourist footfall in the state will increase, once visi…
PTI
6 mins read
Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment
Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…
2 mins read
Ola may end up firing another 500 people to save up costs
As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is pla…
2 mins read
Ola Electric’s HR Director quits after fourteen months as top executives depart
According to sources, Kondeshan would depart from Bhavish Aggarwal-run electric mobility company o…
2 mins read
Ola shuts it used car and quick commerce businesses
Ride-hailing platform Ola has shut down its used vehicle business Ola Cars as well as Ola Dash, its…
4 mins read
BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun
The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…
6 mins read
At least 16 top executives have left Ola in the last two years
Ride hailing giant Ola — run by ANI Technology — has been undergoing a series of high profile exits…
2 mins read
Bhavish Aggarwal is reportedly stepping away from day-to-day functions of Ola to focus more on tech
ANI Technologies’ founder and chief executive officer (CEO) Bhavish Aggarwal has reportedly decided…
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
Ola is going to acquire CEO Bhavish Aggarwal’s brother’s firm Avail finance
Ride hailing giant Ola on Friday announced that it has entered an agreement to acquire online lendi…
2 mins read
Ola S1 and S1 Pro test rides to begin on November 10
Test rides will allow users to see how the vehicle works and if it is suitable for them. …