Transportation

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Infrastructure

30 January, 2024

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 ......

Infrastructure

15 January, 2024

Go First's lenders set Jan 31 deadline for investor bids

Lenders to India's Go First have set Jan. 31 as the deadline for financial bids to acquire the airline, two ......

Infrastructure

05 January, 2024

Competition Commission of India probes DHL, FedEx, UPS for alleged price collusion

India's antitrust body is investigating domestic units of global delivery companies, such as Germany's DHL, U.S.-based United Parcel Service and ......

Infrastructure

21 December, 2023

Electric ride hailing service BluSmart raises $24 mn in fresh funding

Electric mobility startup BluSmart has raised $24 million (Rs 200 crore) in a fresh funding round, which saw participation with ......

Infrastructure

19 December, 2023

SpiceJet to submit bid for bankrupt Go First

SpiceJet is considering an offer for bankrupt carrier Go First, the cash-strapped airline said on Tuesday, days after it barely ......

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Infrastructure

20 September, 2023

Uber-backed Everest Fleet raises fresh funding from PE firm

Fleet management company Everest Fleet has raised funding from an Indian mid-market private equity firm, less than a month after ......

Infrastructure

06 September, 2023

Hybrid Shifting buys IAN-backed Pikkol

Bengaluru-based new age relocation-focussed firm Hybrid Shifting, led by former Interem Solutions CEO Rahul Pillai has acquired packers and movers ......

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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 ......

Infrastructure

14 July, 2023

LetsTransport gets $25 mn cheque from existing investor, others

Logistics marketplace LetsTransport on Friday said that it has raised $25 million (around Rs 205 crore) led by its existing ......

Consumer

13 July, 2023

Swiggy enters retail distribution market with Lynk acquisition

Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company from listed ......