Ola Electric acquires Amsterdam-based AppScooter maker Etergo, to launch electric two-wheeler next year
Ola Electric, without disclosing the deal value, said it aims to launch its electric two-wheeler in India in 2021, and the acquisition of Etergo will further bolster OEM's engineering and design capabilities.
Uber cuts 600 jobs in India due to COVID-19; 'made the decision so that we can look to future with confidence', says country head
Uber announced it is laying-off a fourth of its total headcount of 2,400 in the country across customer and driver support, business development, legal, finance, policy and marketing verticals.
Electric vehicle startup Tork Motors on Monday said Ratan Tata has decided to invest an undisclosed amount in the company
Ratan Tata invests in Ola Electric Mobility, says e-vehicle ecosystem evolving dramatically every day
Tata is also an early investor in ANI Technologies, Ola's parent company. He had invested in ANI Technologies in July 2015.
Hyundai, Kia invest $300 million in Ola to develop electric vehicles ecosystem, smart mobility solutions
The partnership will offer Ola drivers various financial services, including lease and instalment payments, while vehicle maintenance
Ola last year said it planned to bring 1 million electric vehicles to Indian roads in a few years.
The investment is headed by common investor Matrix Patners—which has invested in Ola, too. The deal is expected to close by end-January
Vogo, which provides services in the southern Indian cities of Bengaluru and Hyderabad, will use the money to expand its fleet by 100,000 scooters.
ANI Technologies, which operates Ola, has raised well over $2 billion and counts among its investors names like SoftBank Group, Tiger Global and Sequoia India.
While fuel prices in India have risen, drivers say fares have not grown at the same rate.
Ola, which competes against US-based Uber counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among others
Ola appoints Ben Legg as managing director of UK operations; to launch its services in South Wales in coming weeks
The UK is the second international market after Australia for the Bengaluru-based Ola.
Ride hailing app Ola saw its losses widening to Rs 4,897.8 crore, even though its total income grew 70 percent during FY2016-17 as compared to the previous fiscal, as per regulatory documents.
Bharti Airtel and Ola Cabs has announced a strategic partnership to offer digital services to consumers
Airtel Payments Banks will now integrate with Ola app to offer convenient digital payments solutions to customers for their rides.
The partnership will also have Airtel and Ola build content solutions for the customers of Ola Play
Ola plans big electric vehicles push in India next year, pilot scheme to start next week in Telangana, Nagpur
In the next few weeks the first wave of electric vehicles under Ola's pilot scheme, including two-wheelers, rickshaws and cars, will roll out in the southern state of Telangana and Nagpur city in central India
As CEO, Seth will drive supply growth through leasing and other driver focused initiatives, to consolidate Ola’s position as the market leader in the Indian ridesharing space.
Uber CEO Travis Kalanick takes a dig at Ola CEO Bhavish Aggarwal, says he is ready for Indian citizenship
Kalanick said "I will apply for Indian citizenship if it this gets over the top," on the matter of nationalism in Indian startups.
Sachin Bansal and Bhavish Aggrawal have put together a lobby group, which should give Indian startups consideration against the invasion of foreign businesses.