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India's economic narrative brighter; takes charismatic lead in global economic evolution: K M Birla

"With a government-led push to infrastructure investments and pragmatic policies such as the pr…

PTI   


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1 min read

From Zomato’s IPO to Delhivery’s fundraise to Paytm’s DRHP — These were the biggest developments this week

The Indian startup ecosystem is going through a watershed moment, with the thirteen-year-old Zomato…

Kritti Bhalla   


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Credit Fair, which offers loans to Indians without credit score, has raised $15 million in seed

Consumer lending fintech startup Credit Fair raised $15 million as a part of its seed funding round…

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Tech layoffs to continue for sometime thanks to a slowdown in demand and an uncertain economic environment

Bipin Singh, a business development manager at Byju’s with over 11 years experience in the EdTech i…

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70-plus Indian startups show exit door to 21K techies, more pink slips coming

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…

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Ola's talent acquisition head Shikharr Sood quits too

Shikharr Sood, the head of Ola's Talent Acquisition, and in charge of talent acquisition for the en…

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Ola may end up firing another 500 people to save up costs

As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is pla…

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1 min read

Ola likely to lay off nearly 1K employees to ramp up EV plans

As Bhavish Aggarwal-owned Ola is aiming to ramp up its electric vehicle business, the ride-hailing …

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Only 1% of Indians plan to buy e-scooters in 6 months over safety, performance concerns: report

As the government probes multiple fires in electric two-wheelers, only 1 per cent household consume…

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1 min read

Delhi Police bust pan-India Ola electric scooty scam, 20 arrested

Delhi Police have busted a pan-India Ola electric scooty scam and arrested 20 persons in connection.

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Ola Electric is now looking to invest $100 million in setting up an R&D centre in UK that will hire 200 engineers

After building the world’s largest electric two-wheeler factory in India, Ola Electric is now looki…

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DotPe raises $58 mn, plans to foray into financial services

The platform, which "plans to foray into financial services", currently serves over 7.5 million …

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Hero Electric tops two-wheeler EV sales charts in August, Ola Electric saw declined

Hero Electric once again led the Indian electric vehicle (EV) two-wheeler segment in August, sellin…

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Ola has bought a geo-spatial startup ahead of its IPO

Initial public offering (IPO)-bound Ola has acquired geo-analytics company GeoSpoc in order to furt…

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10 million people tried Ola for the first time last fiscal year, says CEO Bhavish Aggarwal

Ten million people tried Ola for the first time in the financial year 2021, the ride hailing giant’…

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Rupee gains 8 paise to close at 81.22 against US dollar

At the interbank foreign exchange market, the local unit opened at 81.08 and touched an intra-…

PTI   


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4 mins read

SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’

Misra also told ET that SVF1 has invested $81 billion so far and has also returned $10.7 bil…

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2 mins read

Ola expands ESOP pool to ₹3,000 crore, issues stock worth ₹400 crore to employees

Ride hailing giant Ola has expanded its employee stock option plan (ESOP) pool to ₹3,000 crore. It …

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Ola Electric has raised $100 million in debt to start producing its electric scooters soon

Ola Electric has raised $100 million of debt from the Bank of Baroda.

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These are the top 10 most-funded Indian startups of the decade

Indian startups are closing the decade with a bang. India will enter 2020 with a tag of being the w…