Ola
People
TDK Ventures ropes in former Ola exec to head India investments
TDK Ventures, the venture capital arm of Tokyo-based electronics manufacturer TDK Corporation, has roped in a former Ola executive to ......
General
Grapevine: TA Associates, Haier, Advent International, Ola, Everstone in news
US private equity firm TA Associates is set to acquire a majority stake in a revenue cycle management services provider ......
General
Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO
Ola Consumer has sought approval from its investors to change its registration to a public one, The Arc reported. This could mark ......
General
Grapevine: Kitchens@ raises PE funding; Ola to enter grocery delivery business
Cloud kitchen startup Kitchens@, operated and owned by Loyal Hospitality, has raised funds from London-based private equity firm Finnest as part of ......
TMT
Ola gets a breather after sharp valuation cut ahead of planned IPO
An Ola investor that last year slashed the Indian company’s valuation to a level seen nearly a decade ago has ......
General
Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts
CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical Research, an ......
Infrastructure
Uber's Indian competitor Ola gets another sharp markdown; hits nearly a decade-low
Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level ......
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 ......