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Global startups rope in Indian engineersSeveral mid- to senior-level executives are now finding jobs in global teams at growth-stage startups and young companies in Germany, the U...- SoftBank to invest up to Rs 2,000 crore in OlaThe final size of the round is yet to be determined. Ola is looking to raise about $500 million in the financing round, which could go up t...
- Uber merging China operations with Ola investor Didi Chuxing in a $35 billion dealUber will reportedly continue to operate its own app in China for now. Uber declined to comment on this to the publication.
- Ola investor Didi Kuaidi close to raising $2 billion at $25 billion valuation: ReportDidi Kuaidi is an investor in India's largest taxi aggregator Ola and both of them have a common investor in form of SoftBank.
- With Alipay and Paytm, Uber covers China, India and the worldThe San Francisco-based company, which is locked in a fierce battle for market share in China, can now gain access to Alipay’s user base of...
- Uber, Alipay enter into global partnership; targets growth in China, IndiaInterestingly, Alipay's parent company Alibaba Group Holding owns a stake in Uber rival Didi Kuadi. Didi Kuadi is also an investor in Uber'...
- Two senior executives end their ride with OlaPradeep Dodle, head of cabs category management has quit the company while Harsha Kumar, associate vice president of products is serving he...
- ETiC: Kerala's Government Law College wins ET in Campus Quiz finalJis John Sebastian and Feny Joy from the Government Law College, Kochi emerged champions at the all-south finals of the ET in Campus (ETiC)...
- I lose sleep over competition, says Uber CEOHe lauded the action plan announced by the government to promote startups in the country and said the move is "putting fuel on the fire".
- Uber rival Lyft now brings General Motors' $500 million to battleGM will invest $500 mn in Lyft, giving the ride-hailing startup a valuation of $5.5 bn and a major ally in the global battle against Uber.
- Uber to set up its 1st engineering centre in IndiaRide-hailing app Uber is setting up its first engineering centre in India in Bengaluru to customize solutions for the local market.
- Ola appoints Joy Bandekar to lead new initiativesWith over 20 years of experience, Bandekar will be part of Ola's core leadership team, focussing on new initiatives for the company, Ola sa...
- Uber plans to raise $2.1 bn for investment in India, ChinaApp-based taxi aggregator Uber is looking to raise $2.1 billion in a fundraising round led by Tiger Global and other investors, valuing the...
- Ola, Didi Kuaidi, Lyft, GrabTaxi enter into a partnership to counter Uber’s reach“This will be a win for the diversity and vitality of the global ridesharing industry,” said Cheng Wei, CEO of Didi Kuaidi.
- Bike ride-hailing app Baxi raises Rs 10 crore in fundingBike ride-hailing app Baxi has raised Rs 10 crore in funding from a number of high-profile investors, making this one of the largest seed r...
- Chinese car-hailing app Didi makes inroads into IndiaChina's leading ride-hailing app Didi Chuxing today made inroads into India by becoming part of a group of investors channeling $500 millio...
- Ajay Lakhotia quits Vertex Venture Management; to start own investment companyAjay Lakhotia, the India head of Vertex Venture Management has quit the investment firm to start his own investment entity.
- Ola in talks with investors to raise of Rs 3,000 crore at a valuation above $5 billion“The investors in the round are still being finalised and it is getting oversubscribed, so it may be expanded a bit,” this person said.
- Uber's China rival Didi Kuaidi may join Ola fundraisingDidi's investment in Bangalore-headquartered Ola comes close on the heels of it picking up stakes in San Francisco-based Lyft and Malaysia'...
- China's Hillhouse may lead $50 million investment funding in CardekhoGirnar Software, which owns Cardekho, Bikedekho and Pricedekho, had received $15 million from Sequoia in Nov 2013, in its 1st round of fund...
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