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TREND | 09 Jun 2023

Ola Electric to start meeting investors for IPO next week in Singapore

Business Standard

With the IPO still some way off, Ola is embarking on investor meetings earlier than usual to explain the business potential of India's nascent EV market

Mobile Apps

TREND | 08 Jun 2023

No need to own a car, just borrow one for a trip! Uber is expanding its carshare platform

livemint

Uber is expanding its Carshare service in North America, allowing users to borrow a car when they need one. The service will start in Boston and Toronto, with car owners setting their own daily and hourly pricing.

BluSmart places order for 500 units of MG's ZS EV electric vehicle

Business Standard | 08 Jun 2023

Mobile Apps

TREND | 05 Jun 2023

Customer Ratings Have Become Meaningless. People Hand Out 5 Stars Like It's Candy.'

livemint

Riddled with confusion and guilt, Americans are handing out perfect Uber and Airbnb scores; Don't have to earn it anymore'

Mobile Apps

TREND | 04 Jun 2023

Ola Electric likely to cross $1-bn revenue this year: CBO Ankush Aggarwal

Business Standard

The firm is leading in the electric two-wheeler segment and has sold over 35,000 units in May. Riding on its highest-ever monthly sales in May, Ola has captured a market share of over 30 per cent

EV startups set to spawn India's next unicorns amid climate tech push

Business Standard | 04 Jun 2023

Mobile Apps

TREND | 02 Jun 2023

Janus Henderson further downgrades PharmEasy valuation to $ 2.7 billion

Business Standard

Several other Indian startups such as Meesho, Swiggy, Byju's, Pine Labs, and Ola have seen similar cuts in their valuations

Ola's Bhavish Aggarwal to enter AI space, registers new company

livemint | 01 Jun 2023 4 more

Mobile Apps

TREND | 31 May 2023

Uber stops ride discounts, to offer cash backs

Business Line

Uber One subscription service was launched in 2021

Uber to offer cashback as it drops ride discounts for subscribers

Business Standard | 31 May 2023

Mobile Apps

TREND | 29 May 2023

Conventional 2W makers take prime spot in EV sales, courtesy Bajaj, TVS

Business Standard

Ola has said it is ramping up its two-wheeler capacity from 500,000 to 2,000,000 with incremental investment

Ola pilots a no-cancellation cab service in Bengaluru

Business Line | 29 May 2023 2 more

Mobile Apps

TREND | 28 May 2023

Uber partners with GeM portal for taxies to govt offices at fixed price

Business Standard

Soon personnel from the government ministries, departments, agencies and public sector units will be able to book taxis for official purposes from cab aggregator Uber as the company has partnered with public procurement portal GeM to provide the service. "It will be a kind of corporate service. At present, we have started the service on a pilot basis and gradually it will be available for all the government ministers, departments, agencies and public sector units (PSUs). We are planning to go phase by phase," an official said. The company would provide the service at a fixed price with zero cancellation charges and no surge pricing. The company has registered at the portal of government e-marketplace (GeM), which was launched in 2016 by the commerce ministry for buying goods and services by central ministries and departments with a view to bringing transparency in government procurement. There is a growing demand for taxi services in the government and all the departments spend hug

Mobile Apps

TREND | 25 May 2023

Ola Electric taps Kotak Mahindra, Goldman Sachs as it eyes IPO by 2023-end: Report

livemint

Backed by investors such as SoftBank Group Corp and Tiger Global Management, Ola Electric was valued at $5 billion in its last fundraise in 2022.

Ola Electric gears up for India's largest automotive IPO by early 2024

Business Standard | 25 May 2023

Mobile Apps

TREND | 24 May 2023

Going 'Green': Uber gears up to add 25,000 electric vehicles to fleet

Business Standard

Uber has also signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SDBI) to support drivers to purchase EVs and CNG vehicles

Uber goes Green' with plans to add 25,000 electric cars by 2026

Business Line | 24 May 2023 3 more