Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...

This April, Bhavish Aggarwal registered a new company named Krutrim SI Designs Private Ltd. He and Tenneti Venugopala Krishnamurthy are the...

Matrix had previously raised a $300 million fund in 2019.

Sources said Ankush Aggarwal has informally updated some of Avail’s investors about the deal’s progress.

Matrix Partners will hold 26.4% in Avail Finance, while Alphawave has picked up 11.5% in the company following the funding.

The deal also comes after Ola Electric Mobility saw its valuation jump to $960 million in July from $250 million in February when it raised...

The startup, which has already launched OneScore App for credit tracking, will also look to offer credit cards to consumers in partnership ...

Avail aims to build customised financial solutions for Ola, including micro-savings and micro-insurance products for the Bengaluru-based co...

Many people in Bengaluru now hire them for short trips instead of calling a cab.

State had imposed 6-month suspension on co for running ‘illegal bike taxi services’;Chief Minister ‘wanted order to be revoked’

IndiaTech CEO Rameesh Kailasam said that this would allow startups to access a new market opportunity and, at the same time, government dep...

The round also saw participation by Aprameya Radhakrishna, founder of TaxiForSure, Rajesh Yabaji, founder of Blackbuck and Mayank Bidawatka...

The deal marks Ola's expansion as a broader transportation company as it gets into public transport as well. The deal is primarily a stock ...

Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge founder Kunal Shah, Flipkart cofounder Binny Bansal and Mswipe founder Manish Patel ...

Reports suggested that Ola investors, including founders Bhavish Aggarwal and Ankit Bhati may sell stake to its US-based rival Uber.

In its submissions to trade regulator, Fast Track had charged Ola with abusing its dominant position, creating entry barriers for emerging ...

The VC firm, whose portfolio companies include online classifieds major Quikr and cab hailing app Ola, will move managing director Vikram V...