Ola
TMT
Bhavish Aggarwal becomes second Indian behind three unicorns with Krutrim
Ola co-founder Bhavish Aggarwal has become only the second Indian behind three unicorns after his artificial intelligence startup Krutrim raised ......
Manufacturing
Ola Electric slashes sales targets, delays profit goal ahead of planned IPO
India's Ola Electric has slashed its sales goals for 2023-2025 by more than half and delayed its target of achieving ......
Manufacturing
Ola Electric's FY23 net loss almost doubles, revenue jumps but misses target
SoftBank-backed electric scooter maker Ola Electric posted a wider loss in the financial year through March 2023 but likely missed ......
TMT
Ola gets a sharp valuation markdown as EV arm readies for public float
Cab aggregator Ola, which is preparing to take its electric vehicle unit public, has recorded a sharp markdown from an existing ......
General
Grapevine: Ex-Reckitt Benckiser exec rolls out fund; TAQA eyes stake in Adani's energy business
Former global chief executive of consumer goods giant Reckitt Benckiser Group plc, Rakesh Kapoor, has floated an India-focussed fund that ......
Consumer
SoftBank-backed Ola Electric's FY22 loss spirals 4x
Cab aggregation unicorn Ola’s electric mobility arm, Ola Electric reported a four-fold rise in its net loss for the financial ......
TMT
Ola investor wields the axe again, slashes valuation
Cab aggregator Ola, that is believed to be prepping its electric vehicle arm to go public, continues to be on ......
TMT
Uber leads $20 mn round in Everest Fleet
Ride-hailing company Uber on Wednesday said it has led a $20 million (around Rs 164 crore) funding round in Everest ......
TMT
Delhi to impound bike taxis if Uber, Ola do not comply with ban
New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if ......
Finance
Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more
Matrix Partners India, one of the most active venture capital investors in the country and a backer of unicorns like ......
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