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Delhi govt issues warning to cab aggregators over continued use of bike taxis

Infrastructure

28 February, 2023

Delhi govt issues warning to cab aggregators over continued use of bike taxis

New Delhi authorities have warned Uber and its rival Ola for allegedly violating local transport rules by providing two-wheeler bike ......

Bike taxis continue to ply in Delhi, despite ban

TMT

22 February, 2023

Bike taxis continue to ply in Delhi, despite ban

Even as Delhi government’s transport department has asked app-based aggregators Ola, Uber and Rapido to stop their operation of motorbike ......

Elevation, Lowercarbon invest in energy platform SolarSquare

TMT

03 November, 2022

Elevation, Lowercarbon invest in energy platform SolarSquare

Mumbai-based energy platform SolarSquare Energy Pvt. Ltd on Thursday said it has secured Rs 100 crore (around $12 million) as ......

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BluSmart: The green future of cab aggregation, or not?

Infrastructure

27 September, 2022

BluSmart: The green future of cab aggregation, or not?

Sumit Kumar has seen the best of times, the worst of times. The 35-year-old driver has been driving cabs in ......

Sequoia Capital pares stake in Zomato

TMT

26 August, 2022

Sequoia Capital pares stake in Zomato

Sequoia Capital India has pared its stake in Zomato Ltd by selling shares in the open market, joining Tiger Global, ......

Uber sees road to profitability in India

Finance

09 August, 2022

Uber sees road to profitability in India

US ride-hailing platform, Uber, says it expects India to become a high-growth yet profitable market soon. Pradeep Parameshwaran, the company's ......

After Uber, Tiger Global divests partial stake in Zomato

Consumer

04 August, 2022

After Uber, Tiger Global divests partial stake in Zomato

Investment giant Tiger Global has sold over 184 million shares of food delivery service Zomato Ltd, representing a 2.34% stake ......

Uber likely to sell Zomato shares in block deal

Consumer

02 August, 2022

Uber likely to sell Zomato shares in block deal

On a day when shares of Zomato Ltd jumped 20% to hit the upper circuit following its Q1 earnings, a ......

Ex-Uber exec Amit Jain's new Web3 venture raises $25 mn led by Sequoia

TMT

15 July, 2022

Ex-Uber exec Amit Jain's new Web3 venture raises $25 mn led by Sequoia

Amit Jain – who recently quit as a managing director at Sequoia Capital India – has raised about $25 million ......

EV-ride hailing platform BluSmart set to raise $250 mn

TMT

14 July, 2022

EV-ride hailing platform BluSmart set to raise $250 mn

The chief executive of Indian ride-hailing start-up BluSmart Electric Mobility has said it is close to raising $250 million from ......