Ola
TMT
Ola may lay off 225 employees as SoftBank-backed firm gears up for IPO
Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group Corp, aims to begin the IPO process by the end of ......
Economy
Govt plan to cap commissions could ruffle Ola, Uber feathers
India plans to cap the commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a ......
General
Grapevine: Mitsui mulls fresh-food supply venture with Future Group; Vogo eyes funds
Japan’s Mitsui & Co. is considering investing in a venture with Future Group that will supply fresh food to Foodhall, ......
TMT
Why India's B2B unicorns are more capital-efficient than B2C startups
Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their business-to-customer counterparts, a new ......
TMT
Uber CEO expects India, other developing markets to drive growth
Uber pinned its growth over the next decade on developing markets like India on Tuesday, despite the problems it has ......
Manufacturing
Two-wheeler maker Hero Electric ropes in foreign investor
Hero Electric Vehicles Pvt. Ltd has raised fresh capital in a round led by a Europe-based private equity firm, a ......
TMT
Ola acqui-hires AI startup Pikup.ai to beef up deep-tech skills
Ride-hailing company Ola said on Tuesday it has acqui-hired Pikup.ai, an artificial intelligence-based platform that provides technological solutions to businesses. Ola, ......
Finance
Ola investor Steadview Capital hires adviser for Indian tech deals
London-based hedge fund Steadview Capital has appointed an Indian investment professional to advise on its local technology-related deals, two persons ......
TMT
Amazon plans India food delivery service in tie-up with Narayana Murthy's Catamaran
Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware ......
Finance
Temasek India execs on key investment factors, evaluating new platforms and more
Singapore state investment firm Temasek Holdings is one of the most active private equity-style investors in India. The firm has ......