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Tata-owned JLR bets on ride-sharing startup Lyft

TMT

12 June, 2017

Tata-owned JLR bets on ride-sharing startup Lyft

InMotion Ventures Ltd, the new-generation mobility solutions investment arm of Tata Motors-owned luxury car maker Jaguar Land Rover, has invested ......

Flipkart- and Ola-backer DST Global sees $4 tn of new Internet firms by 2025

TMT

09 June, 2017

Flipkart- and Ola-backer DST Global sees $4 tn of new Internet firms by 2025

A surge in online consumer spending globally in coming years will create $4 trillion worth of new internet companies by ......

Uber felt Delhi rape case was Ola's ploy; Ola calls it ‘all-time low'

TMT

08 June, 2017

Uber felt Delhi rape case was Ola's ploy; Ola calls it ‘all-time low'

Ride-hailing company Uber Technologies Inc. has reportedly fired Eric Alexander, president of the company’s Asia-Pacific business, for obtaining and keeping ......

After COO Nitin Seth, Flipkart loses two more senior executives

People

02 June, 2017

After COO Nitin Seth, Flipkart loses two more senior executives

Two days after Flipkart’s chief operating officer Nitin Seth resigned from the company, the homegrown e-commerce firm is reportedly losing ......

Wary of investors taking control, Ola founders secure their place at the wheel

TMT

18 May, 2017

Wary of investors taking control, Ola founders secure their place at the wheel

In a move to prevent a hostile takeover, cab hailing app Ola has rewritten the rules of engagement to restrict ......

Ola looks to conquer small cities with lightweight, app-like mobile site

TMT

18 May, 2017

Ola looks to conquer small cities with lightweight, app-like mobile site

In a bid to acquire customers in small cities, where Internet speeds are slow and low-end smartphones still popular, home-grown ......

Ola, Uber see first-ever dip in bookings, but unit economics improve: Report

TMT

11 May, 2017

Ola, Uber see first-ever dip in bookings, but unit economics improve: Report

A sharp focus on profitability, reduction in driver incentives and, consequently, driver strikes across the country put brakes on the ......

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

TMT

10 May, 2017

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

Japanese investor and Internet giant SoftBank Group Corp has reported a valuation loss of $1.4 billion on its two flagship ......

Ola's Aggarwal, Bhati lowest-paid unicorn founders, yet raked in millions

TMT

08 May, 2017

Ola's Aggarwal, Bhati lowest-paid unicorn founders, yet raked in millions

Bhavish Aggarwal and Ankit Bhati, co-founders of cab-aggregator Ola, may be the proverbial poster boys of Indian e-commerce, but they ......

Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

TMT

03 May, 2017

Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

Cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, has raised Rs 670 crore ($104.4 million) in a fresh round ......