Ola
TMT
Cab-hailing firm Ola gets a mark-up as IPO-bound Ola Electric slashes expected valuation
The see-saw in the valuation of private equity-backed cab-hailing company Ola and electric scooter maker Ola Electric, which is floating ......
Infrastructure
ResponsAbility, MS Dhoni lead pre-Series B funding of EV ride hailing co BluSmart
Homegrown electric vehicle (EV) ride-hailing company BluSmart Mobility Monday said it has completed a pre-Series B round raising $24 million ......
General
Grapevine: Kitchens@ raises PE funding; Ola to enter grocery delivery business
Cloud kitchen startup Kitchens@, operated and owned by Loyal Hospitality, has raised funds from London-based private equity firm Finnest as part of ......
TMT
Ola gets a breather after sharp valuation cut ahead of planned IPO
An Ola investor that last year slashed the Indian company’s valuation to a level seen nearly a decade ago has ......
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 ......
TMT
Ola to stop ride-hailing operations in international markets
Ola said on Tuesday it was exiting its ride-hailing businesses in the UK, Australia and New Zealand as the startup ......
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 ......
TMT
Bhavish Aggarwal becomes second Indian behind three unicorns with Krutrim
Ola co-founder Bhavish Aggarwal has become only the second Indian behind three unicorns after his artificial intelligence startup Krutrim raised ......
Manufacturing
Ola Electric slashes sales targets, delays profit goal ahead of planned IPO
India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving ......
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 ......
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