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Flipkart co-founder Sachin Bansal invests $21 mn in Ola

TMT

14 January, 2019

Flipkart co-founder Sachin Bansal invests $21 mn in Ola

Flipkart co-founder Sachin Bansal has invested Rs 149.99 crore ($21.18 million) in ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing ......

Ola, 1mg and Eruditus lead VC funding this week

TMT

11 January, 2019

Ola, 1mg and Eruditus lead VC funding this week

Cab-hailing firm Ola topped the venture capital dealmaking chart during the week, followed by online pharmacy 1mg and ed-tech startup ......

Steadview Capital invests more in Ola as valuation soars

TMT

10 January, 2019

Steadview Capital invests more in Ola as valuation soars

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding ......

ReNew Power, Macquarie eye IL&FS assets; Tata Steel may sell Southeast Asia units

General

09 January, 2019

ReNew Power, Macquarie eye IL&FS assets; Tata Steel may sell Southeast Asia units

ReNew Power, Macquarie Infrastructure and Real Assets are among six companies looking to acquire the renewable energy business of cash-strapped ......

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Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat

Finance

24 December, 2018

Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat

Dealmaking in India hit a record high this year, crossing the milestone of $100 billion for the first time ever, ......

Ola to pump $100 mn into scooter-sharing startup Vogo

TMT

18 December, 2018

Ola to pump $100 mn into scooter-sharing startup Vogo

Ride-hailing unicorn Ola announced on Tuesday that it will invest $100 million (around Rs 720 crore) in scooter-sharing firm Vogo ......

Uber, Ola get clean chit from competition watchdog over price-fixing allegations

General

08 November, 2018

Uber, Ola get clean chit from competition watchdog over price-fixing allegations

In response to a complaint against cab aggregators Uber and Ola, the Competition Commission of India (CCI) has ruled that ......

Blackstone, Temasek eye stake in Wonder Cement; Steadview may invest in Ola

General

31 October, 2018

Blackstone, Temasek eye stake in Wonder Cement; Steadview may invest in Ola

Private equity major Blackstone and Singapore state investor Temasek are in separate talks to pick up 15-20% stake in Wonder ......

Foodpanda India confirms acquisition of food-tech company Holachef

TMT

16 October, 2018

Foodpanda India confirms acquisition of food-tech company Holachef

Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef for ......

Zydus Cadila eyes Kraft's India consumer biz; Sachin Bansal may back Ola

General

11 October, 2018

Zydus Cadila eyes Kraft's India consumer biz; Sachin Bansal may back Ola

Zydus Cadila Group is in advanced negotiations with US-based food and beverage major The Kraft Heinz Company to acquire its ......