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Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...
Ola chief Bhavish Aggarwal floats new company, likely to enter AI spaceThis April, Bhavish Aggarwal registered a new company named Krutrim SI Designs Private Ltd. He and Tenneti Venugopala Krishnamurthy are the...
Ola’s valuation slashed 35% to $4.8 billion by US investor VanguardThe development comes on the back of Ola exiting verticals like food and grocery delivery and second-hand car sales, to focus on its mainst...
Ola to sell 5,000 used cars to Dbest cars for Rs 125 croreOla Fleet Technologies leased cars to cab drivers who operated exclusively on the Ola app pre-pandemic, when demand for the service exceede...
Now, Ola Electric’s head of charging network quits; 32nd resignation in last two yearsThe high-profile exits come at a time when Ola is reportedly planning its IPO this year at a lower valuation than planned earlier as severa...
Ola Electric's HR Director Ranjit Kondeshan quits as top executives departOla Electric, facing a government probe in battery fires along with other EV players, has seen some high-profile exits in recent months.Nid...
Ola shuts down used cars and quick commerce businesses to focus on EVs, ride hailingIn an official response, the company spokesperson confirmed the development and said, Ola has reassessed its priorities and decided to shut...
Ola’s top engineering honcho Dinesh Radhakrishnan quitsRadhakrishnan was chief technology officer of Ola Electric when he left the company, as per his LinkedIn profile. His departure only highli...
Ola Electric set to launch autonomous car in about 2 years"Ola Electric began testing an autonomous vehicle nearly six months ago and will launch it in global markets by late 2023 or early 2024," C...
Roadblocks on Bhavish Aggarwal’s way to building a super app for OlaIn the run-up to its IPO, Ola is aggressively looking to diversify and position itself as a super app. But that may not be easy.
Ola building 'new mobility ecosystem' with consumer at its core, says CEO Bhavish AggarwalOla Electric is manufacturing electric scooters at a 500-acre site in Krishnagiri, Tamil Nadu. Its S1 and S1 Pro e-scooters were made avail...
India’s used car market to see significant, tech-driven growth: ReportThe car services and repairs market is likely to grow at a compounded annual growth rate of 12% to reach $25 billion by 2030, as compared t...
After electric scooter, Ola wants to sell used cars onlineOla is likely to enter retailing of used cars, a segment that is growing fast as consumers look for affordable personal mobility amid the p...
Mobility firms Ola, Zoomcar may downsize fleet as rides thin outZoomcar owns more than 10,000 cars that customers rent on a self-drive basis. A large portion of their fleets has been unused since the beg...
Ola, Uber told to withdraw ride-sharing services in BengaluruThe ride hailing taxi operators were told to comply with the rule immediately.
Ola to make Wi-Fi services available across categories soonOla announced the launch of Ola Wi-Fi that will allow users to auto connect to Internet in an Ola cab without having to enter credentials e...
Ola to add 2,000 CNG cabs every month in Delhi NCROla in September announced to invest Rs 5,000 crore to add 1 lakh cabs in its service by 2016 that it will lease out to drivers.