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OLA GROCERIES SEGMENT
US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
ONDC retail order numbers decline as financial incentives fadeONDC initially provided financial incentives to onboard sellers, drive transactions, and fund customer discounts and offers. However, it ha...
Ola Consumer’s FY24 revenue falls 21% to Rs 2,368 croreOla's full-year Ebitda, excluding discontinued operations, grew more than threefold to Rs 271 crore, from Rs 87 crore in the previous year,...
Ola to go live pan-India soon on ONDC in F&B categoryOla will soon offer food and beverages throughout India on ONDC. Uber is considering joining ONDC for transit and bus services. ONDC aims t...
Ola Electric to offer products on ONDCBhavish Aggarwal announced on X that all products by Ola Electric will be available on the government's ONDC. He said the products can be b...
Ola drawing up a route map to join quick commerce partyWith Ola Electric preparing to list on the bourses later this week, CEO Bhavish Aggarwal is simultaneously sharpening his focus on the cab-...
Ola eyes grocery and fashion foray on ONDCOla expands e-commerce via ONDC, adding groceries and fashion. Uber may use ONDC for diversification. Ola sees profitability with Rs 250 cr...
Acer enters India's electric scooter market with ebike priced at Rs 99,999The electronics and hardware company unveiled the MUVI 125 4G on Sunday, its first electric vehicle offering in India
Ola revenue doubles in FY22, but losses widen 36% to Rs 1,522 croreANI Technologies, the parent firm of ride-hailing startup Ola, reported consolidated revenue more than doubling to Rs 1,970.4 crore from th...
Quick commerce on a slow burnThe value perception limits the scope of charging delivery fees. But premium services for, say, peak time orders could eventually become a ...
Swiggy’s Instamart push; 8i Ventures eyes larger second fundThe capital commitment comes at a time when ultra-fast grocery delivery has become highly competitive with a slug of investor capital comin...
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..
Amazon to use Prime Now for food delivery launchPrime Now will serve as a platform focusing on high-frequency use cases of both food and grocery delivery, as Amazon looks to capture a big...
Startups need scalable interests in 2018, with investor interest waningThe past 12 months have seen a sharp downturn in investor sentiment, as startups have struggled to enthuse VCs wary of backing ventures in ...
ET Awards: Ola's Bhavish Aggarwal wins Entrepreneur award for corporate excellenceBhavish Aggarwal graduated from the Indian Institute of Technology with a degree in computer science. Today, he’s battling Uber, one of the...
Online grocer BigBasket in talks to raise $150 million for expansionThe new fundraising could more than double BigBasket's valuation to nearly $1 billion, according to one of the investors involved in the di...
Indifi Expands loan portfolio through partnership with Edelweiss for SME FinancingWith this association, Edelweiss Retail Finance will now extend lending to small businesses across multiple segments that Indifi operates a...
Abraaj, others put $150 million in the BigBasketOnline grocer BigBasket has raised $150 million (about Rs 1,000 crore) in funding led by Dubai’s Abraaj Group, as it seeks to establish.
US-based Uber in top gear, catching up fast with its rival OlaUber has been growing its network of drivers at a faster pace and ferrying more passengers, data obtained from the companies and investors ...