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Tracing Rocket Internet's exits in India

TMT

26 December, 2017

Tracing Rocket Internet's exits in India

The two-year-long efforts of Rocket Internet, the German venture capital firm-cum-startup incubator, to sell off Foodpanda India came to fruition ......

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

TMT

26 December, 2017

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

Ride-hailing firm Ola’s second shot at the food business after acquiring the Indian business of Foodpanda is undoubtedly the most ......

VCC Startups Weekly Wrap: Ola buys Foodpanda; Quikr picks up HDFC Realty

TMT

23 December, 2017

VCC Startups Weekly Wrap: Ola buys Foodpanda; Quikr picks up HDFC Realty

Cab aggregator Ola was the newsmaker of the week as it opened up a new battle front against global rival ......

Ola to acquire Foodpanda India, invest $200 mn

TMT

19 December, 2017

Ola to acquire Foodpanda India, invest $200 mn

Homegrown cab-hailing major Ola has agreed to acquire the Indian business of food delivery platform Foodpanda from its Germany-based parent ......

India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals

TMT

14 December, 2017

India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals

The Competition Commission of India (CCI) has cleared SoftBank Group Corp’s purchase of a minority holding in Flipkart and Alibaba ......

VCC Startups weekly wrap: Google backs dunzo; Paytm to merge Little and Nearbuy

TMT

09 December, 2017

VCC Startups weekly wrap: Google backs dunzo; Paytm to merge Little and Nearbuy

Google’s investment in daily tasks management app dunzo was one of the key highlights of the week as it marked ......

Ola appoints PayU India co-founder Nitin Gupta as head of Ola Money

People

08 December, 2017

Ola appoints PayU India co-founder Nitin Gupta as head of Ola Money

Bangalore-based ANI Technologies Pvt. Ltd, which owns cab-hailing app Ola, has appointed Nitin Gupta, co-founder and former chief executive of ......

Chinese bicycle sharing unicorn Ofo enters India

TMT

05 December, 2017

Chinese bicycle sharing unicorn Ofo enters India

Alibaba-backed Chinese bicycle sharing unicorn Ofo has entered India, likely intensifying competition in a market where three homegrown companies have ......

Mumbai Uber, Ola drivers call for strike over falling income, rise in suicides

TMT

04 December, 2017

Mumbai Uber, Ola drivers call for strike over falling income, rise in suicides

Drivers and car partners of app-based taxi aggregators Uber and Ola in Mumbai have called for an indefinite strike to ......

VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds

TMT

02 December, 2017

VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds

Japanese investor SoftBank was in focus this week as it moved ahead on its share purchase of Indian e-tailer Flipkart ......