Ola
Consumer
Tesla sets up India entity in Bengaluru
Elon Musk-owned electric vehicle (EV) company Tesla has registered a fully-owned subsidiary in Bengaluru, and looks to set up an ......
Consumer
Matrix Partners-backed OZiva dials VC investors for larger cheque
Plant-based nutrition brand OZiva is in discussions with a new set of venture capital firms to raise a larger round ......
Manufacturing
SoftBank-backed Ola to invest $326 mn in electric-scooter plant
Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, said on Monday it planned to invest 24 billion rupees ($326 ......
TMT
India to allow Uber and rivals to charge 20% commission
India will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20% commission on ride ......
TMT
How an Ola investor slashed its valuation by almost half after virus outbreak
Ride-hailing firm Ola’s valuation was cut by almost half earlier this year by one of its investors after a nationwide ......
TMT
London regulator strips Ola's licence over public safety failings
London's public transport authority stripped Indian ride-hailing company Ola of its London operating licence, saying that the taxi app was ......
Markets
India's secondary listing plan for firms joining foreign markets irks investors
Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by ......
General
Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer
The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......
TMT
Digital lender Avail Finance's valuation rises three-fold as Falcon Edge joins as investor
Avail Finance, a digital lender that seeks to provide instant collateral-free personal loans, has raised its Series B round of ......
TMT
Falcon Edge in talks to invest in another fintech firm
Falcon Edge Capital, a New York-based hedge fund and venture-stage fund that has invested in cab-hailing company Ola and online ......
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