Why Bhavish Aggarwal turned down a $1.1 billion SoftBank dealOla co-founder Bhavish Aggarwal is fighting to maintain his independence against SoftBank.
09 Apr, 2019, 12.42 PM IST
Bhavish Aggarwal’s new investor grouping distances Ola further from SoftBank as merger with Uber goes off the tableCab aggregator’s new investor group distances Ola further from its biggest stakeholder SoftBank as merger with rival Uber goes off the tabl...
01 Apr, 2019, 04.44 PM IST
Amit Jain to now independently handle APAC region of UberWhen Uber announced that Jain will be the regional GM of Apac in May this year, he reported to Andrew Macdonald, who led Latin America and ...
11 Jul, 2018, 08.13 AM IST
Ola revenue up 70% to Rs 1,286 cr in FY17The turnover includes revenue from subsidiaries Ola Fleet Technologies, Ola Electric Mobility, Ola Skilling and Zipcash Card Services.
08 Jun, 2018, 08.14 AM IST
Uber COO Barney Harford to visit India from Apr 17-20Confirming the visit, an Uber spokesperson said: "India is one of the core markets for Uber globally, and a focus for our investment in 201...
12 Apr, 2018, 06.54 PM IST
India one of our healthiest markets: Uber CEOCEO Dara Khosrowshahi is upbeat on the company's growth in India and says it is "a core market that we are going to really focus on going f...
01 Apr, 2018, 07.09 PM IST
Will invest whatever we have to for success in India: Uber CEOKhosrowshahi said India is already among the top three markets (besides the US and Latin America), accounting for 10 per cent of its trips ...
28 Mar, 2018, 04.41 PM IST
Day after selling SE Asia biz to Grab, Uber to intensify battle against OlaCEO Dara Khosrowshahi didn’t mention India, but indicated as much in a letter to Uber staff after the cab-hailing platform sold its SE busi...
27 Mar, 2018, 09.23 AM IST
Meru rides to marketplace to catch up with its rivalsOn the Meru Cabs app customers will be able to choose from up to 10 taxis whose fares, expected time of arrival, vehicle model and driver r...
15 Mar, 2018, 08.38 AM IST
Ola in talks with Temasek to add up to $1 billion to war chestOla was last valued at $4 billion when it raised $400 million from Chinese internet conglomerate Tencent in September.
06 Mar, 2018, 07.19 AM IST
Uber says it’s 100% committed to India“Our business in India is stronger than ever and we are 100% committed to serving our riders and driver partners in India,” an Uber spokesp...
22 Jan, 2018, 08.46 AM IST
Clash of the titans: From Tata-Mistry to Ola-Uber, the business wars of 2016The power struggle between the country's top business houses often spilt onto the virtual world.
30 Dec, 2016, 09.54 AM IST
Can become Indian if it helps: Uber CEOUber operates across 73 countries. India has became the largest market outside the United States for Uber and accounts for 12 per cent of a...
16 Dec, 2016, 12.18 AM IST
Uber launches ride-sharing in ChennaiWhile Ola has aggressively expanded and taken the early-bird advantage across categories and geographies in India, Uber has had a measured ...
08 Sep, 2016, 07.27 PM IST
8 reasons that made Uber yield in ChinaEven after raising and investing billions of dollars, Uber had failed to go beyond its 30-35% share in the Chinese market. The percentage i...
01 Aug, 2016, 04.37 PM IST
TaxiForSure co-founders may step down after merger with Ola, other employees likely to be retainedOla is in an advanced stage of finalising a deal to buy TaxiForSure at an estimated $200 million in stock, as it sets to take on Uber.
17 Feb, 2015, 07.04 AM IST
Why Uber missed a ride to drive TaxiForSure and swung deal Olacabs' wayDeal swung Ola’s way as investors felt that the Indian company, valued at $660 million in its last round of funding, is better value for mo...
30 Jan, 2015, 11.58 AM IST