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Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.- Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
- Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
- Ola's full stack AI plans shrink on A-level exits, funding woesKrutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and ...
- Unbelievable 600% rally in one day! Allbirds shares skyrocket as sneaker-maker plans AI pivotAllbirds shares skyrocketed nearly 600% in a single session after the footwear brand unveiled a dramatic pivot to AI compute infrastructure...
- Ola's AI smart assistant 'Kruti' goes dark across app platformsWhile 'Kruti' was not accessible via its direct website, kruti.ai, which showed a "site not found" error, users accessing it through Olakru...
- 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 ...
- Ola Electric shares nearly double from a record low: Is a comeback in sight?Besides luck, certain positive updates and improving numbers suggest the rally could be backed by real progress. Momentum is building as in...
- Ola Electric sees sales rebound in March but trails peers; lifetime sales cross 1 million markThis demand recovery is being driven by a structural transformation in service operations. Over 80 per cent of vehicles are now serviced on...
- Ola Electric reallocates IPO proceeds again, diverts Rs 575 crore from R&D to debt, growthThis marks yet another revision in the utilisation of IPO proceeds by the Bengaluru-based company after an earlier reallocation approved by...
- Ola Electric plans to raise Rs 2,000 crore via stake sale in Ola Cell TechnologiesOCT owns the Tamil Nadu-based lithium-ion cell manufacturing plant with 1.5 GWh of operational capacity and plans to scale to 6 GWh by the ...
- Ola Electric ropes in EY to bolster regional compliance amid retail expansionOla Electric has partnered with Ernst & Young to bolster regional compliance as it transitions to a direct-to-store retail model, phasing o...
- 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 begins pilot of quick grocery delivery serviceOla is starting a pilot of its 'Ola Store' in Bengaluru starting off with a few key localities, and then expanding across major cities in I...
- Ola begins pilot of quick grocery delivery service: SourcesThe sources said the service is available within the Ola app and is rolling out to select consumers in Bengaluru..
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