With 22-24% stake, Japanese conglomerate becomes single largest investor in the EV unit.

As deep-pocketed rivals corner pie, firm plans to make its private label brands the pivot of growth

Investors are looking at new bylanes for growth as they scout for a new Unicorn ride in Startupland.

Growth in daily rides declines to 20% on average in 2018, from 57% in 2017 & 90% in 2016.

Ride-hailing company raises $50 m from two new Chinese investors at $3.7-4.3 b valuation.

The deal marks Ola's expansion as a broader transportation company as it gets into public transport as well. The deal is primarily a stock ...

Tencent is the majority shareholder in Tencent Music Entertainment, China’s largest music streaming business, and also operates JOOX, a lea...

The Ma investment, which may come from either Alibaba Group Holding or payments affiliate Ant Financial, would bring his competition with a...

Bankers who spoke to ET believe the defaults are higher among drivers on Ola as they accept more payment by cash compared with those drivin...

Cab aggregator gets on the road to partner with restaurants; looking to hire staff to create network for on-demand food delivery

RNT Capital is expected to lead the round with an investment of $60 mn with the rest coming from New York-based hedge fund Falcon Edge Capi...

Coverfox will provide assistance in insurance policy purchases and facilitate car insurance solutions for Uber’s driver partners.

US fund Valic has marked up the valuation of its Flipkart shares by 10 per cent to $108.04 each for the May-ended quarter, compared with $9...

Sachin Dalal, cofounder of BSE-listed ecommerce firm Infibeam, will spearhead Japanese ecommerce giant Rakuten’s thrust into Indian shores.

The app firms are required to pay a security deposit of Rs 1 lakh for a fleet of up to 1,000 taxis, Rs 2.5 lakh for up to 10,000 taxis and ...

Waze is planning a stronger foray in India and is exploring tie-ups and partnerships with local startup poster boys such as Ola and Flipkar...

WeChat has become an important promotional tool for companies trying to reach affluent Chinese.