Ola
General
Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts
CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical Research, an ......
Infrastructure
Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low
Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level ......
Manufacturing
Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target
SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but likely missed ......
TMT
Ola gets a sharp valuation markdown as EV arm readies for public float
Cab aggregator Ola, which is preparing to take its electric vehicle unit public, has recorded a sharp markdown from an existing ......
General
Grapevine: Ex-Reckitt Benckiser exec rolls out fund; TAQA eyes stake in Adani's energy business
Former global chief executive of consumer goods giant Reckitt Benckiser Group plc, Rakesh Kapoor, has floated an India-focussed fund that ......
TMT
Ola investor wields the axe again, slashes valuation
Cab aggregator Ola, that is believed to be prepping its electric vehicle arm to go public, continues to be on ......
Finance
Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more
Matrix Partners India, one of the most active venture capital investors in the country and a backer of unicorns like ......
TMT
Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO
An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-month ......
Consumer
Temasek strikes 5x in India exit move
Singapore state investment firm Temasek Holdings, which has been on a hectic investment as well as exit activity in India ......
TMT
Layoffs at startups continue in 2023 amid funding winter
Indian startups continued to lay off employees in 2023, with at least 11 tech startups firing 1,400 employees in the ......
