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RIDE HAILING VENTURE
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, ...- From rockets to brain implants, here's a look at Elon Musk's vast empireElon Musk, the world's richest man, leads a sprawling business empire. His ventures include electric vehicles, brain implants, underground ...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Uber, JSW Group tie up to deploy EVs in India's ride-hailing marketUber has allied with JSW Group to spearhead a new era of electric mobility in India, focusing on enhancing the ride-hailing experience thro...
- Quick-service apps compete to woo women workers away from the informal economyQuick-service apps like Snabbit and Pronto are formalising the domestic workforce with flexible shifts and attractive monthly payouts, draw...
- Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- Ola alumni’s Manav Robotics in talks to raise $15-20 million from Blume, Qualcomm VenturesManav Robotics, a startup founded by former senior Ola executives Suvonil Chatterjee and Slokarth Dash, is in discussions with early-stage ...
- Of rides & rivals: Travis Kalanick on Uber’s capital strategy, competition with LyftTravis Kalanick said the Uber–Lyft rivalry became a battle for venture capital as much as riders. Uber used fundraising as a strategic weap...
- Namma Yatri raises $11 million in funding round led by Blume Ventures, Antler, othersRide-hailing company Namma Yatri has raised Rs 92 crore or $11 million in a pre-Series A funding round. This was led by Blume Ventures and ...
- No more e-bike taxis in Bengaluru as Karnataka withdraws policy citing its misuseKarnataka, officials said, was the first state to have put out an exclusive policy to promote electric bike taxis, but the government did n...
- EV cab company BluSmart raises $25 million fundingBluSmart is one of the few mobility companies in India that use electric cars in the ride-hailing business. The company operates primarily ...
- BP leads $25 million funding round in EV ride-hailing startup BluSmartBluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional...
- Uber weighs purchase of BMW-Daimler ride-hailing ventureUber has been looking to shed minority holdings in several ride-hailing operations recently, including portions of its stakes in China’s Di...
- China's Didi, BYD to launch co-designed ride-hailing EVThe move underscores how tech firms, from software makers for self-driving vehicles to car-sharing platforms, are disrupting traditional au...
- BMW-Daimler ride-hailing venture steps up Uber challengeUber’s market value of $48.6 billion underscores investors anticipate technology firms will play a key role in shaping future transportatio...
- Go-Ventures adds $5 million to Rebel FoodIn March, the company raised around Rs 110 crore as part of its Series-D1 round from existing investors Sequoia Capital India, Lightbox Ven...
- BMW to offer ride hailing services in China from DecemberBMW Mobility Service Ltd, a fully-owned subsidiary of the BMW Group, obtained its ride-hailing licence in Chengdu, the capital of Sichuan p...
- Uber India offers free rides with top VC firms to aspiring entrepreneursTo hail 15 minutes with a VC, all an entrepreneur had to do was to fire up his or her Uber app and slide over to the 'UberPITCH' view betwe...
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