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Capital dumping is a non-issue, says Paytm's Vijay Shekhar Sharma

TMT

06 October, 2017

Capital dumping is a non-issue, says Paytm's Vijay Shekhar Sharma

Even as a group of startups is rallying under the leadership of Flipkart’s Sachin Bansal to form an industry body ......

Ola raises $400 mn from Tencent, Ratan Tata's UC-RNT Fund

TMT

04 October, 2017

Ola raises $400 mn from Tencent, Ratan Tata's UC-RNT Fund

Chinese Internet giant Tencent has led a $400 million (Rs 2,620 crore) capital infusion in cab-hailing firm Ola as part ......

Ola to raise $2 bn from SoftBank, Tencent, others

TMT

03 October, 2017

Ola to raise $2 bn from SoftBank, Tencent, others

India’s ride-hailing company Ola on Monday secured $2 billion in new funding from a group of investors, including SoftBank Group ......

VCC Startups weekly wrap: Flipkart, Amazon in war of words; Legal tussle at ShopClues

TMT

30 September, 2017

VCC Startups weekly wrap: Flipkart, Amazon in war of words; Legal tussle at ShopClues

Coming as it did on the heels of the festive sale frenzy, last week was another hectic one for India's ......

Delhi government to regulate Ola, Uber fares

TMT

29 September, 2017

Delhi government to regulate Ola, Uber fares

The Delhi government will soon launch a City Taxi Scheme 2017 which will see online taxi aggregators Uber and Ola ......

Flipkart, Ola, others launch lobby group for Indian e-commerce firms

TMT

28 September, 2017

Flipkart, Ola, others launch lobby group for Indian e-commerce firms

A number of prominent Indian consumer Internet companies, headed by e-commerce firm Flipkart, ride-hailing service Ola, and travel portal MakeMyTrip, ......

VC-backed cab aggregator Roder shuts operations

TMT

28 September, 2017

VC-backed cab aggregator Roder shuts operations

Delhi-based Vecto Technologies Pvt. Ltd, which operated inter-city cab aggregator Roder, has shut down operations, its co-founder Abhishek Negi told ......

Rapido set to acquire Hyderabad bike-sharing startup Getbike

TMT

22 September, 2017

Rapido set to acquire Hyderabad bike-sharing startup Getbike

Bike taxi company Rapido is in advanced stages of completing a deal to acquire Hyderabad-based Vave Infosolutions India Pvt. Ltd, ......

Uber reviews Asia business amid US bribery probe

TMT

20 September, 2017

Uber reviews Asia business amid US bribery probe

Uber Technologies Inc, which is the subject of a federal probe into whether it broke bribery laws, has started a ......

Ola hires former Flipkart exec Saikiran Krishnamurthy as senior vice-president

People

19 September, 2017

Ola hires former Flipkart exec Saikiran Krishnamurthy as senior vice-president

Homegrown cab hailing startup Ola has appointed former Flipkart executive Saikiran Krishnamurthy as its senior vice-president, a financial daily reported.Krishnamurthy, ......