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2 mins read
Ola electric scooter factory will be run only by women, says CEO Bhavish Aggarwal
He also shared a video featuring the first batch of women hired to work at the facility. In a …
PTI
2 mins read
Maruti Suzuki to discontinue petrol-powered cars in 10 years
With emission and fuel efficiency norms getting tighter, India's largest car maker Maruti Suzuki In…
2 mins read
Ola restructuring biz ahead of IPO, narrows losses
New Delhi, Nov 28 () Ride-hailing major Ola is undertaking a restructuring exercise ahead of its pl…
PTI
1 min read
SoftBank would cut startup funding by half this year as losses cross $13 billion
Japanese investment giant SoftBank on Thursday reported a huge net loss of 1.708 trillion yen ($13.…
3 mins read
Ola is facing an external and internal crisis as drivers threaten strike and seven CXOs have exited in past eight months
Until late last year, Ola was hiring top CXO executives as it was preparing for an IPO by 2021.
8 mins read
April Fool’s Day: Brands that pulled the best pranks this year
Volkswagen, MTV India, Flipkart, Urban Company, Ola, Airpro -- here are a few April Fool’s Day camp…
2 mins read
Ola founder Bhavish Aggarwal explains why he is not chasing rival Uber's autonomous cars
While Ola took advantage of Uber’s license failure in London, Uber is leading the stage when it …
2 mins read
Bhavish Aggarwal gives 500 Ola cabs to transport doctors and medical workers during coronavirus
The Deputy Chief Minister of Karnataka confirmed the news on Twitter. Considering that …
1 min read
Ola races for a London launch as Uber loses licence— and it has facial recognition to vet drivers
Ola is now onboarding drivers in London, days after Uber’s licence in London was revoked. The In…
1 min read
SoftBank records loss of nearly $350 mn from Snapdeal, Ola
The figures comes after Softbank reported a loss of over $550 million for the six-month period endi…
4 mins read
One of India’s youngest billionaires, Ola’s Bhavish Aggarwal, is talented— but he was also in the right place at the right time
While Aggarwal deserves the credit for Ola’s success, there were also other factors that aided…
2 mins read
Ola is shedding flab and getting a makeover as it rides to a big-bang IPO in 2 years
Ola’s founder Bhavish Agarwal knows that investors on Dalal Street like leaner and meaner organis…
1 min read
Ola spends heavily to maintain lead, ends up in losses
Ola had earned total revenue of Rs 421 crore in the same period, which was an eight-fold increase o…
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…
1 min read
Ola waives lease rentals for driver-partners who operate vehicles owned by company
"We can confirm that we are fully waiving away lease rentals, akin to an EMI (equated-monthly inst…
PTI
1 min read
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…
8 mins read
Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?
In this same time span, CarTrade has hit the public market and Droom has formally announced its …
1 min read
TVS Motor jumps 5% as company reports profit after a loss-making quarter last year
Shares of TVS Motor rallied 5%, on July 30, as net profit made by the company in the June quarter a…
2 mins read
Uber’s IPO filing in the US cites Ola, Zomato, and Swiggy as threats to its India business
Uber finally filed for its much talked about IPO, just weeks after its global rival Lyft went publi…