Ola raises $330 mn in fresh round led by SoftBank: Report

Untitled-2_feBengaluru-based cab-hailing firm Ola, run by ANI Technologies Pvt. Ltd, has raised $330 million (Rs 2,200 crore) in fresh funding led by existing investor SoftBank Group Corp, a media report said on Monday. Citing sources it did not identify, Business Standard reported that the Japanese tech giant and two other existing investors participated in the […]

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Ola names Pepsi veteran Vishal Kaul COO

ola_feCab-hailing service Ola said on Monday it has appointed Vishal Kaul as chief operating officer in place of Pranay Jivrajka, who has been named a founding partner. Kaul is an 18-year veteran at beverages giant PepsiCo Inc, where he was most recently general manager at Pepsico Foods for Thailand, Myanmar and Laos. At Ola, he […]

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Ola names Pepsi veteran Vishal Kaul COO

ola_feCab-hailing service Ola said on Monday it has appointed Vishal Kaul as chief operating officer in place of Pranay Jivrajka, who has been named a founding partner. Kaul is an 18-year veteran at beverages giant PepsiCo Inc, where he was most recently general manager at Pepsico Foods for Thailand, Myanmar and Laos. At Ola, he […]

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Exclusive: Ola’s head of luxury cab business quits

Abhimanyu RawalIt turns out that Ola’s head of new initiatives Sundeep Sahni’s wasn’t the only senior-level exit from the company last week. Abhimanyu Rawal, head of Ola’s luxury cab category, also left the taxi aggregator last week and joined a US retail firm, he told TechCircle. TechCircle first reported about the exit of Sahni, former MD […]

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Ola’s Bhavish Aggarwal again takes a potshot at Uber

Bhavish Aggarwal, Co-Founder & CEO, OlaWinning in a competitive market is as much about making tactical pronouncements at opportune moments as it is about making the right business decisions at the right time. It ain’t politicians alone who pick ideas or popular beliefs they know will resonate with their target audience and use them against their rivals. Corporations do the […]

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Uber, Ola target wedding season with tailor-made logistics services

For-Uber-Story_20161013_AK_Uber-Taxi-Cab-008_AJust as the wedding season starts in the country, cab-hailing companies Ola and Uber have introduced new services to cater to all wedding-related travels in a market where the two are battling to establish a position of dominance. While Uber announced its wedding logistics transport offering christened UberWEDDINGS in 12 Indian cities, Ola rolled out […]

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Uber, Ola target wedding season with tailor-made logistics services

For-Uber-Story_20161013_AK_Uber-Taxi-Cab-008_AJust as the wedding season starts in the country, cab-hailing companies Ola and Uber have introduced new services to cater to all wedding-related travels in a market where the two are battling to establish a position of dominance. While Uber announced its wedding logistics transport offering christened UberWEDDINGS in 12 Indian cities, Ola rolled out […]

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Ola looks to extend market share over Uber with offline cab booking services

OLA-by-Shah-Junaid-(2)As the battle for market dominance intensifies in the taxi aggregator services space in the country, home-grown cab-hailing startup Ola, run by ANI Technologies Pvt. Ltd, has introduced a key feature named Ola Offline enabling its users to book cabs without Internet through a text message, the company said in a press statement. When attempting […]

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Electric bike startup Tork raises funding from Ola co-founders, others

tork_feTork Motorcycles, which claims to be building country’s first electric motorcycle, has raised an undisclosed amount in an angel round of funding from a group of investors led by Bhavish Aggarwal and Ankit Bhati, co-founders of cab aggregator Ola Cabs. A group of angels led by CoCubes CEO Harpreet Grover has also put money into […]

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