Ola
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After COO Nitin Seth, Flipkart loses two more senior executives
Two days after Flipkart’s chief operating officer Nitin Seth resigned from the company, the homegrown e-commerce firm is reportedly losing ......
TMT
Wary of investors taking control, Ola founders secure their place at the wheel
In a move to prevent a hostile takeover, cab hailing app Ola has rewritten the rules of engagement to restrict ......
TMT
Ola looks to conquer small cities with lightweight, app-like mobile site
In a bid to acquire customers in small cities, where Internet speeds are slow and low-end smartphones still popular, home-grown ......
TMT
Ola, Uber see first-ever dip in bookings, but unit economics improve: Report
A sharp focus on profitability, reduction in driver incentives and, consequently, driver strikes across the country put brakes on the ......
TMT
SoftBank posts $1.4-bn loss on Snapdeal, Ola investments
Japanese investor and Internet giant SoftBank Group Corp has reported a valuation loss of $1.4 billion on its two flagship ......
TMT
Ola's Aggarwal, Bhati lowest-paid unicorn founders, yet raked in millions
Bhavish Aggarwal and Ankit Bhati, co-founders of cab-aggregator Ola, may be the proverbial poster boys of Indian e-commerce, but they ......
TMT
Ola raises $104 mn more from Falcon Edge, Ratan Tata fund
Cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, has raised Rs 670 crore ($104.4 million) in a fresh round ......
TMT
Ola lost Rs 5 for each rupee earned in FY16
Cab-hailing firm Ola reported a three-fold rise in losses for the year through March 2016 as it spent heavily to ......
TMT
Ola forms new entity to train drivers
Bangalore-based ANI Technologies Pvt. Ltd, which operates homegrown cab aggregator Ola, has spun out a new entity that will train ......
TMT
SoftBank likely to invest $1.9 bn, pick up 20% in Paytm
Masayoshi Son’s media and Internet conglomerate SoftBank Group is likely to put in $1.9 billion (Rs 12,000 crore) into One ......