ANI Technologies Pvt Ltd
TMT
Ola raising $250 mn from existing investors
Cab-hailing firm Ola has decided to raise Rs 1,675 crore ($250 million) from existing shareholders, as it seeks to beef ......
TMT
Uber, Ola clock half a billion rides in 2016, says RedSeer
Ride-hailing companies Uber and Ola carried out approximately 500 million rides in 2016, according to a report by RedSeer Management ......
TMT
Top-level churn continues at Ola
The exodus of key personnel at cab-hailing firm Ola shows no signs of stopping, with another top-level resignation coming to ......
TMT
Vanguard joins SoftBank in lowering Ola's valuation
A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in ANI ......
Infrastructure
Meru Cabs CEO steps down, CTO Nilesh Sangoi to take over
Meru Cabs CEO Siddhartha Pahwa has resigned from the Mumbai-based radio taxi firm and will be replaced by CTO Nilesh ......
TMT
Karnataka HC upholds ban on surge pricing by Ola, Uber
In a blow to ride-hailing apps Uber and Ola, the Karnataka High Court on Thursday upheld the state’s ruling on ......
TMT
SoftBank pares down investment value in Snapdeal, Ola again
Japanese telecom and internet giant SoftBank Group Corp has once again marked down the value of its investments in its ......
TMT
Ola burnt around Rs 3 for every Re 1 in revenue in FY15
Ola, India's largest on-demand cab hailing service, burnt as much cash as the country’s top three legacy online travel agencies—MakeMyTrip, ......
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