Ola

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People

12 November, 2024

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 ......

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General

11 November, 2024

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 ......

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General

11 October, 2024

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 ......

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28 June, 2024

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 ......

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TMT

07 May, 2024

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 ......

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General

30 April, 2024

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 ......

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Infrastructure

30 January, 2024

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 ......

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Manufacturing

30 November, 2023

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 ......

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TMT

30 October, 2023

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 ......

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General

18 August, 2023

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 ......