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OLA CABS IPO
Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...- 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 ...
- Titan Capital closes Rs 200-crore fund to double down on existing portfolio startupsTitan Capital, founded by Kunal Bahl and Rohit Bansal, has raised Rs 200 crore for its new fund. The company aims to focus on its existing ...
- Lowered IPO price to rope in a wider set of investors: Ola Electric CEO Bhavish AggarwalAhead of its IPO, Ola Electric CEO Bhavish Aggarwal discusses the EV industry’s lowering dependency on government subsidies, taking Ola Ele...
- Ola Electric secures Sebi approval for Rs 5,500 crore IPOOla Electric's IPO would be the first by an EV startup in the country and amongst the biggest new-age IPOs this year. The Bengaluru-based c...
- Ola Electric gets Sebi nod for public offerOla Electric, set for a $6 billion IPO, plans layoffs amid IPO filings by Swiggy and FirstCry.
- Ola Electric eyes leaner road to profitability, to cut 400-500 rolesOla Electric, eyeing an IPO, is reportedly trimming its workforce by 400-500 employees to streamline operations. This number may change as ...
- Ankush Aggarwal returns to Ola Cabs; declining H-1B visas for IT staffHappy Tuesday! Ola Cabs founder Bhavish Aggarwal’s brother Ankush is back at the ride-hailing business. More on this in today’s ETtech Morn...
- Ola plans $500 million IPO, to appoint banks soonSoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months...
- Ola Cabs plans $500 million IPO, to appoint banks soon: ReportSoftBank-backed Ola is India's answer to Uber and plans to file papers for approval with the country's market regulator within three months...
- Ola Cabs Ebitda profitable; electrification, premiumisation the future: new CEO BakshiAt an ebitda level, the standalone ride-hailing business earned Rs 250 crore in FY23, Bakshi said, against an ebitda-level loss of Rs 66 cr...
- Ola sees FY23 loss narrow by 65% to Rs 1,082 croreOLA FY23 Revenue: ANI Technologies also houses Ola’s subsidiaries including Ola Financial, Ola Fleet and Ola Stores. On a consolidated basi...
- Ola resumes bike-taxi service in Bengaluru with electric S1 scootersChief executive Bhavish Aggarwal said Ola will now use its electric S1 scooters for ride-hailing. Aggarwal added that Ola bike rides will c...
- Ola plans Bengaluru EV cab service pilot with 1,000 carsOla’s rival Uber also recently started an EV cabs pilot in Delhi.
- Ola's cab business recovers to pre-pandemic levels ahead of IPOThe recovery in the ride-hailing business comes at a time when Ola has diversified into manufacturing electric vehicles and lined up plans ...
- Ola picks banks for $1 billion IPO, may file papers in OctoberThe 11-year-old Ola would be joining a strong pipeline of Indian startups that are ready to tap the IPO market in the coming months.
- Mahindra group’s Alyte to be cab aggregator for corporatesAlyte, run under Mahindra Logistics; Meru Cabs, in which Mahindra group owns 55%; etaxi service Glyd; and First Choice, M&M’s used car busi...
- Cab aggregator Ola aims to become Infosys, gears up for IPOCFO Rajiv Bansal termed initiatives like Ola Cafe and Ola Store as “experiments”, while the cab aggregation and wallet business will be cri...
- Uber a good brand, but its products not tuned to Indian customers' needs: Ola's Bhavish AggarwalOla's Co-Founder and CEO Bhavish Aggarwal feels it trails in India because its products are not tuned to the needs of the Indian consumer.
- US-based Uber in talks to buy Meru CabsMeru Cabs is expecting a valuation of $400 mn and sources indicate that Uber will be looking at buying a majority stake in the Indian compa...
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