ANI Technologies

A week after Elon Musk disclosed his 9.2% stake in Twitter, the social media company’s chief executive officer Parag Agrawal said the tech billionaire had decided not to join its board. “I believe this is for the best,” he tweeted, just a…

Bengaluru: The board of ANI Technologies, the parent company of ride-hailing firm Ola, has approved the acquisition of Avail Finance, according to people briefed on the matter. They said the formal documentation of the deal was underway.…

New Delhi: Ola is making an investment of up to Rs 786.1 crore in Ola Financial Services (OFS), which will now become a 100% subsidiary of the ride-hailing platform, as per regulatory documents. As per documents submitted by ANI…

Moody's Investors Service has assigned a first-time B3 corporate family rating to ANI Technologies, which operates ride-hailing service Ola. It has also assigned a B3 rating to the company's proposed senior secured term loan. “Ola's B3 CFR…

Mumbai: Ola Group has made several key leadership appointments across verticals, amid plans to launch an initial public offering (IPO) early next year. According to a statement released on Tuesday, PV Harinarayan has joined as vice…

New Delhi: Ride-hailing platform Ola has started piloting a quick delivery service for items like grocery, personal care and pet care products in Bengaluru, making a foray into the quick commerce sector, according to sources. The sources…

New Delhi: Ola Electric has raised $200 million, or about Rs 1,500 crore, from a clutch of investors in a fresh funding round, valuing the electric vehicle maker at more than $5 billion, sources said. The fresh funding comes days after the…

Bhavish Aggarwal, founder and CEO at ride-hailing major and EV maker Ola, says that all two-wheelers sold in the country by 2025 should be electric. In a conversation with The Economic Times’ Alnoor Peermohamed, Aggarwal said that the…

Mumbai: India’s anti-trust regulator has approved global private equity fund Warburg Pincus’ investment in ANI Technologies, the parent of ride-hailing company Ola. Ola said on Friday the Competition Commission of India had approved the…