Olacabs to buy TaxiForSure to take on competitors like Uber; deal likely at Rs 1,250 croreAccording to three people directly involved in the negotiations, Olacabs, backed by Japan's SoftBank, will pay cash and offer stock.
29 Jan, 2015, 10.57 AM IST
Can Meru Cabs strike back after Ola and Uber come under regulatory scanner?This December, as newer and nimbler rivals Uber and Ola froze under the regulatory glare, Meru Cabs saw an unusual 25% spurt in business.
25 Dec, 2014, 01.09 PM IST
We are willing to go beyond prescribed standards: Bhavish Aggarwal, co-founder, OlacabsFor instance, post the meeting with the Transport Commissioner in Bengaluru, we have started working on the list of guidelines shared by th...
12 Dec, 2014, 11.05 AM IST
Post Uber case, taxi companies rush to add safety features to assuage fearsUber has pledged to set up call centers in India to ensure the safety of women, a departure from its global practice.
11 Dec, 2014, 04.00 AM IST
Uber under scrutiny: We need rules not bans, say InvestorsThe ban, which was announced on December 8, comes two days after an Uber-registered driver allegedly raped a woman passenger late last week.
10 Dec, 2014, 12.01 PM IST
Japan's SoftBank becomes largest investor in Indian startups after buying stake in Snapdeal, OlacabsSoftBank, which made an early bet on China’s Alibaba where it owns shares worth around $80 billion, is hoping to replicate its success in I...
29 Oct, 2014, 04.57 PM IST
Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b ClubThe taxi service aggregator joins the league of India’s most valuable startups and squares off against Uber as well as other such ventures.
25 Oct, 2014, 03.50 PM IST
Olacabs raises $210 million from Japan’s SoftBank Corp; enters $1b ClubThe taxi service aggregator joins the league of India’s most valuable startups and squares off against Uber as well as other such ventures.
25 Oct, 2014, 09.48 AM IST
Bhavish Aggarwal & Ankit Bhati: The men behind OlacabsBhavish, a computer science engineer from IIT-B, with co-founder Ankit Bhati took on Uber, & built Olacabs, one of India’s most valuable st...
25 Oct, 2014, 04.54 AM IST
SoftBank Corp in funding talks with mobile commerce company Paytm, cab rental startup OlacabsSoftBank and the Bharti Group have a joint venture — Bharti SoftBank — which invests in mobile technology companies.
23 Oct, 2014, 04.00 AM IST
Olacabs ready to ferry sweets and greeting cards this DiwaliTaxi aggregator Olacabs has offered to ferry sweet boxes and greeting cards across 16 cities this festival season.
16 Oct, 2014, 01.13 PM IST
Olacabs to launch luxury car services in Delhi, BangaloreCarzonrent last week said it ordered 120 Mercedes-Benz C-Class luxury sedans as it is investing Rs 100 crore this year to further strengthe...
25 Aug, 2014, 04.00 AM IST
Cab companies like Olacabs, Meru Cabs and Carzonrent sending drivers to finishing schoolA huge part of the training drivers at Ola also goes into sessions on road safety, personal hygiene, customer feedback and first aid.
23 Aug, 2014, 08.29 AM IST
Olacabs to secure investment from Hong Kong-based hedge fund Steadview CapitalThe deal marks rising investor interest in the fast-growing taxi services market, where nearly half a dozen startups are battling for prima...
14 Jul, 2014, 12.48 PM IST
Olacabs raises Rs 250 crore to expand operationsCar rental service provider Olacabs today said it has raised Rs 250 crore from a group of investors to expand their operations to newer mar...
10 Jul, 2014, 05.08 PM IST
Over 30% of our bookings come through the mobile app: Bhavish Aggarwal, Olacabs"We see bookings through the app growing at almost 100% quarter on quarter since Aug 2012," Bhavish Aggarwal, CEO & co-founder, Olacabs sai...
27 Apr, 2013, 04.40 PM IST
- New York-based Tiger Global Management to fund Olacabs.com
Olacabs will use the funds to scale up operations nationally and further strengthen its technology platform.
10 Apr, 2012, 11.32 AM IST