Ace Cab-hailing Company Ola Raises Rs. 232 Crores from Existing Investors
03 August 2017, India:
One of India's ace cab-hailing company Ola has raised Rs. 232 Crores from the existing investors as per the report by VCCircle.
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Cab service
Ola Set to Raise $400 Million Funding from Chinese Internet Giant Tencent Holdings
27 July 2017, India:
Bangalore-based Ola is all set to raise a whopping $400 Million funding from the Chinese internet giant Tencent Holdings.
“Tencen...
HPE’s Meg Whitman to be Uber’s New CEO?
27 July 2017, India:
Every week, there's a new name popping up for the role of CEO of Uber. Latest addition to the list is Meg Whitman, current CEO of He...
Grab to Raise $2.5 Billion from Softbank, Didi Chuxing
24 July 2017, India:
Southeast Asia's Grab, Uber Technologies's biggest rival is raising $2.5 billion in funding from Japan's SoftBank and China's top ri...
Ola Raises $50 Million Funding from US-based Tekne Capital
14 June 2017, India:
One of India's leading ride-hailing company Ola has raised additional $50 million funding. The round was led by US-based hedge fund ...
SBI Suspends Loans For Uber And Ola Cab Operators
29 May 2017, India:
While Ola might be aiming for Electric cars and Uber for Business expansion in India, the cab drivers of both the companies are facin...
Bengaluru-based Ola Loses Rs. 2313.7 Crore in FY16
1st May 2017, India:
India's leading ride-hailing startup, Ola has widened its losses in the Financial Year 2016 to Rs. 2313.7 crore as per the report by...
Post the Fresh Funding of $5 Billion, Didi Chuxing Will Become Second Most Valuable Startup in World
27 April 2017, India:
China's top ride-hailing firm, Didi Chuxing is set to raise up to $6 billion with Softbank Group Corp leading the round. It'll incr...
Inspite of Double the Bookings, Uber lost $2.8 Billion in FY16!
15 April 2017, USA:
The ride-hailing service Uber, for the very first time, opened up about the finances. The company shared financial data with Bloomber...
Turning Point for Ola If SoftBank Invests Rs 2,000 cr!
24 October 2016, India :
Ola is always a step behind Uber, investment might be one of the key factor but that soon is going to change. As per the ET repo...