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Micro VCs Artha, Rockstud hit dream returns in partial exit from mobility firm

Finance

04 October, 2023

Micro VCs Artha, Rockstud hit dream returns in partial exit from mobility firm

Early-stage micro venture capital firms Artha Venture Fund and Rockstud Capital have made partial exits from an investment in a mobility company, clocking ......

Govt plans welfare measures for gig workers ahead of elections

Economy

14 August, 2023

Govt plans welfare measures for gig workers ahead of elections

India plans to roll out welfare measures for "gig" workers employed through platforms like Amazon, Uber and India's Zomato as ......

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Everest Fleet snags debt funding after Uber-led $20 mn round

Infrastructure

10 August, 2023

Everest Fleet snags debt funding after Uber-led $20 mn round

Mobility startup Everest Fleet Pvt. Ltd has secured debt capital from an investor, less than two months after raising $20 ......

Premium
Deals Digest: Funding value jumps as Amp Energy, Lenskart score big cheques

TMT

16 June, 2023

Deals Digest: Funding value jumps as Amp Energy, Lenskart score big cheques

The total value of private equity and venture capital deals in India grew more than three times this week, despite ......

Uber leads $20 mn round in Everest Fleet

TMT

14 June, 2023

Uber leads $20 mn round in Everest Fleet

Ride-hailing company Uber on Wednesday said it has led a $20 million (around Rs 164 crore) funding round in Everest ......

Delhi to impound bike taxis if Uber, Ola do not comply with ban

TMT

13 June, 2023

Delhi to impound bike taxis if Uber, Ola do not comply with ban

New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if ......

Uber steps up EV push in India with Uber Green

TMT

24 May, 2023

Uber steps up EV push in India with Uber Green

Ride-hailing platform Uber Technologies is stepping up its efforts to go green in India by introducing more electric vehicles, partnering ......

How BP Ventures-backed taxi startup BluSmart is picking EV fight with Uber, Ola

TMT

19 April, 2023

How BP Ventures-backed taxi startup BluSmart is picking EV fight with Uber, Ola

Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on ......

Delhi govt issues warning to cab aggregators over continued use of bike taxis

Infrastructure

28 February, 2023

Delhi govt issues warning to cab aggregators over continued use of bike taxis

New Delhi authorities have warned Uber and its rival Ola for allegedly violating local transport rules by providing two-wheeler bike ......

Bike taxis continue to ply in Delhi, despite ban

TMT

22 February, 2023

Bike taxis continue to ply in Delhi, despite ban

Even as Delhi government’s transport department has asked app-based aggregators Ola, Uber and Rapido to stop their operation of motorbike ......