Tag: Ola

Ola raises Rs 400 crore for electric mobility business

Ola raises Rs 400 crore for electric mobility business

Bengaluru: Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early investors, including Tiger Global and Matrix India, to fund its electric mobility business. “The Rs 400 crore fund from the first round of investment will be used for rolling out one million electric[Read More…]

Social media to be monitored for poll code violations: Telangana CEO

The bigotry of Indians and social media

A tweet by a man, Abhishek Mishra went viral on Twitter for all the wrong reasons. He claimed to have cancelled an Ola cab booking because the driver was a Muslim. In his tweet, he announced that he doesn’t want to give money to “Jihadi people”. As people raged against[Read More…]

Ola, Microsoft to build new connected vehicle platform

Domestic ride-hailing platform Ola and Microsoft on Tuesday announced a new connected vehicle platform that will use Azure Cloud, Artificial Intelligence (AI) and productivity tools to transform passenger experience. Microsoft will use Azure to power Ola Play — the company’s existing connected car platform — in a bid to transform[Read More…]

Delhi: Ola, Uber pool rides might no longer be allowed

While car-pooling by app-based taxi aggregators such as Uber and Ola has cut the travelling cost of regular commuters, those in Delhi might soon face inconvenience as shared cab rides might soon be illegal.  The move is a part of the Delhi government’s soon-to-be-implemented City Taxi Scheme, which is aimed[Read More…]

UberPASS to benefit riders in four metro cities

UberPASS to benefit riders in four metro cities

Uber India has started its pilot service UberPASS in four major cities. The cities include Delhi, Mumbai, Chennai and Kolkata. UberPASS service is similar to Ola select. A rider holding the UberPASS will get several benefits including discounted fares, waiver on cancellation charges and much more. However, the offer has[Read More…]

Guess who schooled Sehwag on global warming?

Guess who schooled Virender Sehwag on global warming?

Former Indian cricketer Virendra Sehwag, who is known for his hilarious tweets otherwise, got slammed by Twitterati on Thursday, as he spoke on concentrating on ‘real issues’, instead of climate change. He stated the fact that climate change was a problem in the US and not in India, so it[Read More…]

Ola shuts TaxiForSure, lays off 700 employees

App-based aggregator Ola has ended its TaxiForSure operations, laying off around 700 employees in the process. Ola acquired its domestic rival a year and a half ago to take on Uber. The acquisition, which cost $200 million, was to increase Ola’s market share. Since the merger, Ola has been integrating[Read More…]

5 things the Uber-Didi Chuxing deal tells us

Ride-hailing app Uber has decided to merge its China business with market leader Didi Chuxing. Uber global will receive 5.89 percent in the combined company that would be valued at $35 billion. Chairman of Didi Cheng Wei, will join the board of Uber while Travis Kalanick, Uber Chief Executive, will[Read More…]

Who’s more ‘desi’: Uber or Ola?

Acrimony among unicorn startups is the latest trend. Gone are the days when companies made their dissent for the competition known in hushed circles. Today’s startups are far more aggressive. After several Twitter repartees between online e-tailers, Snapdeal and Flipkart, the latest fight is between taxi aggregators, Ola and Uber.[Read More…]

Ola plans to launch services in New Zealand soon

In war-mode, Ola offers outstation, rental deals

Ola is introducing outstation rides and rental deals this month. The outstation facility will allow customers to book a cab two hours in advance for intercity travel while rental enables customers to rent a car on an hourly basis. Facing stiff competition from Uber, the taxi-hailing app may launch self-drive[Read More…]

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