Ola

Ride hailing platform Ola will roll out its new premium service, Prime Plus, to all users in Bengaluru on Monday, and to several other cities during the month, the company’s cofounder and chief executive Bhavish Aggarwal said on…

Multiple tech and internet industry bodies such as Nasscom, IndiaTech and IAMAI have urged the Delhi government to relax electric vehicle (EV) transition timelines prescribed by the state in its draft aggregator policy. ET had reported last…

Rajeev Misra is the CEO of SoftBank Investment Advisers, which manages the $100-billion Vision Fund I with investments in several Indian startups including Ola, Oyo and Paytm. He has also set up his own fund, One Investment Management, with…

A fund run by financial services giant Fidelity Investments has marked down the valuation of its investment in Gupshup, a messaging software-as-a-firm, by 37.4%, according to a regulatory disclosure as of May 31 2023.In June 2021, the fund…

Electric vehicle company Ola on Wednesday said it has commenced construction of its 100GWh gigafactory at its manufacturing facility in Tamil Nadu. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu…

Startups have outpaced established automobile manufacturers in launching electric two-wheelers, accounting for more than 10 of the 18 new models on offer in 2022-23, even as the legacy firms continued to dominate the electric passenger…

India’s top internet firms like Flipkart have been fertile breeding grounds for entrepreneurs who left jobs to start something of their own. Drawing on a record inflow of venture capital in the past decade, 297 founders set up some 253 new…

New Delhi city authorities will start impounding the bike taxis of companies such as Uber and local rival Ola if they do not cease operations in line with a court order backing a ban on them, a senior government official told Reuters on…

India's digital payments landscape is undergoing a major shift as credit cards gain prominence. Recent data from the Reserve Bank of India showed a significant rise in credit card transactions, surpassing the traditionally dominant debit…

In what can be called a setback for Uber, Ola and Rapido, the Supreme Court on Monday (June 12) revoked the Delhi High Court's order and reinstated the ban on bike taxiservices in Delhi. The decision comes about 20 days after the lower…