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TDK Ventures ropes in former Ola exec to head India investments

People

12 November, 2024

TDK Ventures ropes in former Ola exec to head India investments

TDK Ventures, the venture capital arm of Tokyo-based electronics manufacturer TDK Corporation, has roped in a former Ola executive to ......

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Grapevine: TA Associates, Haier, Advent International, Ola, Everstone in news

General

11 November, 2024

Grapevine: TA Associates, Haier, Advent International, Ola, Everstone in news

US private equity firm TA Associates is set to acquire a majority stake in a revenue cycle management services provider ......

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Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

General

11 October, 2024

Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

Ola Consumer has sought approval from its investors to change its registration to a public one, The Arc reported. This could mark ......

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Cab-hailing firm Ola gets a mark-up as IPO-bound Ola Electric slashes expected valuation

TMT

30 July, 2024

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 ......

ResponsAbility, MS Dhoni lead pre-Series B funding of EV ride hailing co BluSmart

Infrastructure

15 July, 2024

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 ......

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Grapevine: Kitchens@ raises PE funding; Ola to enter grocery delivery business

General

28 June, 2024

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 ......

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Ola gets a breather after sharp valuation cut ahead of planned IPO

TMT

07 May, 2024

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 ......

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Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts

General

30 April, 2024

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 ......

Ola to stop ride-hailing operations in international markets

TMT

09 April, 2024

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 ......

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Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low

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 ......