Ola

People

02 June, 2017

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

18 May, 2017

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

18 May, 2017

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

11 May, 2017

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

10 May, 2017

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

08 May, 2017

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

03 May, 2017

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

01 May, 2017

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

28 April, 2017

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

28 April, 2017

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 ......