cab aggregators
Infrastructure
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 ......
TMT
EV-ride hailing platform BluSmart set to raise $250 mn
The chief executive of Indian ride-hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from ......
Finance
Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?
Earlier this year, India’s top ride-hailing venture Ola scaled the valuation chart to become the second-most valued startup, behind Paytm ......
TMT
Regulation needed for Ola, Uber to ensure women safety: Supreme Court
Adopting a stricter stance on safety of women, the Supreme Court has said that rules need to be put in ......
TMT
Ola raises $36 mn from New York-based hedge fund
ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing firm Ola, has raised $36 million (Rs 231 crore) from New York-based ......
TMT
Ola to get $36 mn top-up from existing investors
Homegrown cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, is raising an additional Rs 232 crore ($36 million) from ......
TMT
Ola, Uber cut driver incentives significantly in March quarter: RedSeer
With a sharp focus on unit economics, cab-hailing companies Ola and Uber reduced driver incentives significantly in the first quarter ......
TMT
Ola, Uber see first-ever dip in bookings, but unit economics improve: Report
A sharp focus on profitability, reduction in driver incentives and, consequently, driver strikes across the country put brakes on the ......