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OLA INCOME MODEL
Rapido's early backers look to sell shares worth Rs 100 croreAngel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, ...- Ola Consumer turns free cash flow positive in H2 FY26 post biz rejigIndia's oldest cab aggregator, Ola Consumer, has achieved free cash flow positivity in the second half of FY26, marking a significant turna...
- 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...
- MBA guy becomes Ola driver, ignores 'padhai barbaad' taunts after quitting Rs 25 LPA job. Now, after 3 years, earns Rs 6.5 lakh monthly from 12-car businessAn MBA graduate’s unconventional career move is sparking debate online after he quit an Rs 25 LPA corporate job due to frustration and lack...
- Ola launches zero percent commission model across India; drivers to keep entire fare earningsHowever, according to Shaik Salauddin, founder president of the Telangana Gig and Platform Workers Union, before the ride, the drivers have...
- Ola rolls out zero per cent commission model nationwide, allows drivers to retain full fare earningsOla has introduced a zero per cent commission model across India, allowing over a million drivers to retain their full earnings without any...
- Tariffs cloud tech outlook; Oyo hits IPO wallAmazon and Apple beat estimates, but their forecasts amid Trump’s trade war raised investor concerns. This and more in today’s ETtech Top 5.
- Govt to launch 'Sahkar Taxi' service across India to compete with Ola, UberThe Indian government will soon launch the Sahkar Taxi service nationwide, offering an alternative to platforms like Ola and Uber. This coo...
- 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 rejigs commissions to retain driversIn 2018, the incentive structure was based on different targets for drivers with no standardisation. SoftBank-backed Ola has been trying to...
- Govt wants private carpooling to be a no-profit no-loss servicePrivate ridesharing to be app-based, non-commercial, KYC compliant, according to a draft proposal.
- Ola, Uber strike: Trade unions see delivery boys, drivers as the new 'oppressed'Fadnavis promised to get the transport secretary and commissioner, unions and representatives from Ola and Uber at one table to thrash thin...
- Government considers cap on number of shared rides by private car ownersThe task force was set up to formulate an action plan to reform the country’s transport system and make it less polluting.
- India's online food aggregators are taking lessons from ChinaAs food-delivery startups try every trick in the book to increase the number of orders, the strategy that has emerged front and centre for ...
- Changing fares & sops make the ride bumpy for TN cabbiesThe latest to shift its system was Chennai-based UTOO, which announced last week that it was migrating from monthly salaries to a finance-l...
- Two apps to take on Ola and UberThe apps will be available on Google Playstore and AppStore, and allow a customer to pay using digital wallets like Paytm and MobiKwik, or ...
- Uber, Ola drivers to protest low earnings, cuts in incentives"We have listened to both parties and there are some reasonable demands that the striking drivers have made, which we are acting upon," sai...
- Uber’s India arm makes profit in first two years of operationThe company, which provides marketing and support services to Uber, posted a net profit of Rs 3.2 crore on income of Rs 69 crore in the yea...
- Ola to invest Rs 5,000 crore in cab leasing businessDrivers can lease a car for a deposit of Rs 35,000 and monthly lease payments (of about Rs 15,000) with option to own vehicle after 3 years.
- Power of ideas 2012: Online taxi startups like Ola Cabs, Savaari spell good business for taxi driversThe success for taxi derivers proves that “doing good” is good for business, as happy drivers mean better customer service, which in turn l...
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