Delhi bans bike taxi services offered by Ola, Uber, Rapido: Levies hefty fine on passengers, companies
The Delhi government has dealt a blow to cab aggregators like Ola, Uber, and Rapido, announcing an immediate ban on bike taxi services. According to a notice released by the Delhi transport department, two-wheelers that bear non-transport (private) registration...
When Uber charged Rs 3,000 for 45km ride from Delhi Airport to Noida
The skyrocketing price of app-baed cab booking service providers is leaving customers baffled. A recent bill from Uber may force you to think twice before you hit their app to book a ride next time. Uber's prices are rising and...
Uber offloads Zomato: The first step to exit the Indian market?
Zomato's ride of Uber is over! Last month rumours were making rounds on the internet that Uber was exploring options to exit the Indian market. While the debates and discussion related to Uber's possible exit were far from over, last...
Pay 5% GST on Auto Rides Booked Via Ola, Uber From Next Year
If you frequently book auto from Ola or Uber, be ready to spend more on services availed. The government of India has decided to that auto-rickshaws offered through online platforms will be subject to GST of 5 percent from...
Ola Scooter Launch: Mark August 15 As A Big Day!
The launch of Ola Scooter would be commenced on August 15 - the independence day of India. Bhavish Aggarwal, Co-founder & CEO of ANI Technologies, the company which owns Ola, has hinted that preparation to launch Ola's first electric...
Ola IPO: No Earlier Than FY23 To Make The Most of Electric Vehicle Hype
Neeraj M -
Excited by the historic response to Zomato IPO, many other Indian startup unicorns have started gearing up for IPO. And the latest name, many wanted to hear, is ANI Technologies, the company doing business as Ola. According to few people Dazeinfo...
Ola’s Valuation Cut To Half Prior To Its EV-Market Pivot!
The valuation of Ola, the app-based ride-hailing startup unicorn, has been brutally slashed into half prior to its pivot into EV mobility market space! A recent media report found that the U.S-based investment firm Vanguard Group, one of the first...
Devised to Disrupt: Ola’s $2 Billion Game Plan to Take the EV Market in India By Storm
It has already made a name for itself in the ride-hailing sphere in India. Ola’s next aim – to power charge the country towards an electric mobile future. And boy, does it have the stratagem to back that claim! Tucked away...
Uber and Ola In Hot Water: India Authorities Launch Fresh Probe!
The Directorate General of Goods and Services Tax Intelligence (DGGI) sent a summons to Uber and Ola officials on Monday regarding tax evasion allegations against the two companies, Business Standard has reported. The investigation will look into alleged tax evasions...
Uber, Ola Surge Pricing: SC Says All Is Well
While the Indian Government is busy introducing rules to further tighten the noose around cab aggregators. Uber and Ola, in a recent court victory, had a momentary sigh of relief. On Tuesday, Supreme Court, the country’s topmost judiciary body, ruled...
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From Unicorns to Thrift Warriors: How Indian Startups Slash Appraisals in a Battle for Survival
In the wake of the Covid-19 pandemic, Indian companies, particularly the much-celebrated startup unicorns, have found themselves caught in...
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