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OLA ACQUISITION
MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...- Stocks in news: Ola Electric, Eicher Motors, Axis Bank, Anant Raj, WiproMarkets faced pressure on Monday, with key indices declining over half a percent due to weak global cues. Ola Electric approved its QIP iss...
- Government rules out blanket ALMM List-II extension beyond June 1; case-by-case relief for solar projectsThe Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Projects commissioned after this date...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Zerodha traders saved Rs 25,620 crore brokerage: Nithin Kamath shows the calculationZerodha traders saved Rs 25,620 crore in brokerage between 2016 and 2025 due to the firm’s zero-delivery brokerage model, founder Nithin Ka...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Stocks in news: Torrent Power, GAIL, J&K Bank, Ola Electric, Vedanta, InfosysMarkets ended higher for the third consecutive session amidst volatility. Today's trade will focus on ceasefire developments and the MPC me...
- BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
- Ola says it will acquire financial services firm Avail FinanceThe $50 million share swap deal will give Avail Finance’s founder Ankush Aggarwal, the brother of Ola chief executive Bhavish Aggarwal, a s...
- Ola eyes NBFC acquisition to expand financial services businessOla already offers its Buy Now, Pay Later product - Ola Postpaid that is available to over 40 million customers and is projected to grow to...
- Ola acquires GeoSpoc to build next-gen location technologyAs part of the Ola-GeoSpoc acquisition deal, GeoSpoc CEO Dhruva Rajan and his team of geospatial scientists and engineers will join the rid...
- Onus on industry to make cleaner mobility solutions which make people feel safe: Ola CEO Bhavish AggarwalThe COVID-19 pandemic has had a huge impact on the business of companies like Uber and Ola as the number of rides have fallen drastically. ...
- CCI okays Hyundai, Kia's stake buy in ANI Technologies, Ola Electric"The Commission approved the proposed combination subject to the carrying of modifications proposed by Hyundai Motor Company and Kia Motors...
- Ola acquires public transport ticketing and commuting app RidlrThe deal marks Ola's expansion as a broader transportation company as it gets into public transport as well. The deal is primarily a stock ...
- Ola lays off 700 employees, shuts down TaxiForSure businessSince the acquisition, Ola has been silently shutting down TaxiForSure as an independent brand across various cities and has been integrati...
- Ola acquires Chennai-based Qarth Tech for payment solutionsOla is already investing on building digital payment solutions that will help create a seamless experience for users and merchants, it said.
- DST Global may invest up to $500 million in Ola at $2.5 billion valuationThe latest round of fund-raise for Ola, puts it right up in the league of the most valuable internet firms domestically.
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