Browsing Tag

ola

134 posts
Ola

Ola raises $104 million from Ratan Tata backed UC-RNT and Falcon Edge

Indian cab aggregator Ola has raised INR 670 crores in a fresh…
ola, uber

Ola’s losses tripled to over ₹2,313 crore in the fiscal year 2015-16

Ola, the homegrown ride-hailing giant giving Uber a run for its money,…
ola, uber

SBI stops disbursing loans to Ola drivers in Bengaluru due to high number of defaulters

State Bank of India, one of the biggest public sector banks in…
ola, uber

After raising $250 million from SoftBank, Ola is still looking to raise additional $100 million

We recently reported that Ola had raised $250 million in a funding…
ola, uber

Delhi HC restrains driver unions from disrupting ride-hailing services of Uber and Ola

In a relieving move for ride-hailing service providers and its users, the…
ola, uber

Ola raised $250 million from SoftBank at a valuation of $3 billion

Ola, India’s leading cab hailing service provider, has raised $250 million in…
ola, uber

Ola in talks with Hyderabad-based automaker GMW for its electric vehicle fleet

About a week back, we reported that the home-grown cab aggregator Ola…
Ola

Ola in talks to raise $100 million from Falcon Edge and RNT Capital

Ola, the homegrown cab-haling service provider, is now reportedly in advance talks…
ola, uber

Ola to debut electric cabs across major Indian cities in next three months

To further strengthen its operations in India, Softbank-backed Ola is turning to…
ola, uber

Ola and Uber could face competition from soon-to-launch newcomer ‘HDK Cabs’ in Karnataka

Beating other competitors, Ola and Uber have been leading the ride-hailing initiative…
Uber

Uber in talks with Government to seek approval for ride sharing services via private cars in India

Uber has been surrounded by controversies and criticism due to prolonged strikes…
ola, uber

Ola invests ₹50 crore in its cab leasing subsidiary ‘Ola Fleet Technologies’

On the heels of its massive $350 million capital infusion last week,…
ola, uber

Ola raises $350 Mn in a down round led by existing investor SoftBank, now valued at $3.5Bn

Ola had been mulling over the decision to accept fresh funds at a…
ola-uber-cab-taxi-aggregator

Karnataka Transport Department extends deadline for ban against UberPOOL and OlaShare

The Karnataka state government banned Ola and Uber from operating their car-pooling…
ola, uber

Ola loses COO of offline initiatives, onboards former InMobi and CellWorks execs to strengthen top leadership

The companies which were once known as poster boys of the Indian…
Uber

Apex Consumer Commission denies ‘surge pricing’ plea demanding $1.38Bn refund from Uber and Ola

Prominent cab aggregators Ola and Uber have faced massive criticism against certain…
ola, uber

Ola’s CFO Rajiv Bansal and CMO Raghuvesh Sarup depart, Dr. Badri Raghavan appointed as chief data scientist

On the heels of a recent valuation markdown by Vanguard, homegrown ride-hailing…

SoftBank COO Jonathan Bullock resigns from boards of Ola and Snapdeal, due to personal obligations

Over the last couple of years, SoftBank Group was responsible for investments…
ola, uber

Uber and Ola partner with NSDC to impart training to 500k drivers in next three years

Cab aggregators, particularly Ola and Uber, have always prioritized building up their…
ola-uber-cab-taxi-aggregator

Government seizes 30 Ola and Uber cabs defying carpooling ban in Bengaluru

Earlier this week, the Karnataka Government’s transport department issued a notice banning…
ola, uber

U.S-based Vanguard marks down Ola’s valuation by 40% to $3Bn

Ola, the homegrown ride-hailing giant, has been faced with the fears of a…