Quick commerce is rapidly emerging as one of the most competitive sectors in India. Leading companies like Zomato, Swiggy, and Zepto are leaving no stone unturned to capture the largest market share. After Reliance, Tata, and Flipkart, now ANI...
The highly anticipated Ola Electric IPO is scheduled to launch on August 2, 2024. With a target of raising over Rs 6,100 crore, it is set to become India's biggest IPO this year and the first-ever IPO for an electric...
India, as a whole, is being encouraged to take up social distancing in the wake of the Covid-19 outbreak to slow down its spread. The biggest ride-hailing giants operating in India Ola and Uber are now pitching in to...
As the much talked and anticipated IPO of Ola seems to be on the cards, the domestic unicorn OLA is reportedly taking measures to restructure its business model.
The aim of this reorganization is to increase profits in order to...
Ola, already in a bruising battle for market leadership in the Indian market against American rival Uber, has registered a loss as high as Rs. 4,897.8 Crore in FY16-17. This loss has been widening its gap irrespective of the...
Indian taxi aggregator, Ola Cabs, who is backed by SoftBank among others, is in talks with Russian Billionaire Yuri Milner’s investment firm DST Global to rope in an investment of $400-$500 million at a valuation of $2.5 billion, according to The Times Of...
