Ola
Consumer
Matrix Partners leads Series A round for nutrition brand OZiva
Early-stage venture capital firm Matrix Partners India has led a $5 million (Rs 37crore) Series A funding round in plant-based ......
TMT
Ola's financial services arm leads VC funding this week
Taxi aggregator Ola's financial services arm Ola Financial Services Pvt Ltd raised its first institutional funding round to lead the ......
TMT
Startup stress test: Which VC-backed ventures have the shortest capital runway?
A large number of technology startups in India have laid off employees and cut salaries over the past couple of ......
TMT
Ola Electric acquires Dutch scooter maker Etergo
Ola Electric Mobility Pvt Ltd, a unit of ride-hailing company Ola, has acquired Amsterdam-based electric scooter maker Etergo BV. The move ......
TMT
Ola Financial bags funding from Matrix Partners, others
Ola Financial Services Pvt. Ltd, the financial services arm of taxi aggregator Ola, has raised Rs 205 crore (approximately $27.10 ......
TMT
Uber India cuts a quarter of jobs as lockdown hits business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23% of its ......
TMT
Ola to cut one-third workforce as revenue slumps in lockdown
Cab aggregator Ola is letting go 1,400 employees as the coronavirus pandemic has hurt its core ride-hailing business, joining a ......
TMT
Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary
Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary ......
Finance
India's new foreign investment rules worry Chinese investors
India’s plan to screen foreign direct investments from neighbouring countries has Chinese firms concerned that such scrutiny will affect their ......
Finance
For SoftBank's Masayoshi Son, coronavirus turns vision to illusion
SoftBank Group Corp founder Masayoshi Son's dream of a global tech empire is unravelling, with the coronavirus crisis compounding losses ......
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