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TREND | 22 May 2023

Ola Electric valuation to rise to $6 bn with latest $300 mn fund-raise

Business Standard

Paper work to be finalised in a few weeks; firm's first investor Softbank stays away

Mobile Apps

TREND | 18 May 2023

Netflix, Ola, Uber not integrated with PIPOnet app, says NuRe Bharat CEO

Business Standard

3i Infotech-led consortium NuRe Bharat Network has not integrated Netflix, Ola, Uber or any other company with its PIPOnet app, a senior official of the company said. NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app with aims to provide all services, including e-ticketing, travel, stay reservations, and entertainment apps, for railway passengers. The company in its presentation had used the names of Netflix, Uber, Ola as partners on PIPOnet app. "Nure Bharat Network would like to clarify that Netflix, Ola, Uber and any other company names that have been used were only mentioned as part of an example to introduce the kind of integrated entertainment, travel and other facilities that PIPOnet will be providing. We have not yet onboarded or integrated with any other company as it cannot be done without a partnership agreement," NuRe Bharat Network, Chief Executive Officer, Sax Krishna said in a statement. NuRe Bharat has bagged exclusive rights to sell and monetise

Mobile Apps

TREND | 18 May 2023

Uber introduces 'teen accounts' with safety features in US, Canada

Business Standard

With 'always-on support', parents will be able to contact the driver directly during a trip, contact Uber's support team, or report an issue on behalf of their teen

Uber Wants to Be Your Kids' Chauffeur

livemint | 17 May 2023

Mobile Apps

TREND | 16 May 2023

Peak Bengaluru Moment! Man's post on Uber auto's waiting time during peak hours leaves Twitter in shock

Business Today

Twitter user Anushank Jain posted a screenshot of the Uber app's auto trip request, which showed that the auto was at a distance of 24 km

Mobile Apps

TREND | 15 May 2023

NuRe, Railtel tie up for passenger services app on revenue share basis

Business Standard

3i Infotech-led consortium NuRe Bharat Network and RailTel on Monday unveiled PIPOnet mobile app which aims to provide all services, including e-ticketing, travel, stay reservations, and entertainment apps, for railway passengers. NuRe Bharat Network CEO Sax Krishna said that the app will become available on Android Play Store in the next two weeks. "We have integrated Netflix, Uber, Ola with the app. Through PIPOnet, passengers will be able to book e-ticket, platform tickets, porters, stay, food and many other things. It will have space for advertisers who want to reach out to passengers. The scope is huge. We expect to generate revenue of Rs 1,000 crore in the next five years," Krishna said. He said that PIPOnet will allow the advertisers to connect deeply with the people of Bharat across Tier 1,2,3 and 4 towns of India. Nure Bharat Network will share 40 per cent of the revenue earned from the services or minimum of Rs 14 crore per year with RailTel, RailTel Corporation, Director

Mobile Apps

TREND | 14 May 2023

Ola aims to open 500 more experience centres by August 2023

Business Line

This will take the total number of Ola experience centres to 1,000

Mobile Apps

TREND | 13 May 2023

Ola Electric expanding fast, to cross 1,000 experience centres this year

Business Standard

As part of that strategy, the SoftBank-backed electric vehicle company on Saturday opened its 500th experience centre (EC) in Srinagar

Mobile Apps

TREND | 11 May 2023, 08:29PM

Electrification of fleet: NITI sets FY31 target for Ola, Uber in green push

Business Standard

Ride-hailing company Uber has committed to 100% of rides taking place in zero-emission vehicles, on public transit, or with micro-mobility by 2040

Mobile Apps

TREND | 11 May 2023, 06:42PM

US investment firm Vanguard slashes Ola's valuation by 35% to $4.8 billion

Business Today

The US index fund pioneer marked down the holding of its Ola shares to $33.8 million from its purchase price of $51.7 million, show regulatory filings

Mobile Apps

TREND | 11 May 2023, 12:27PM

Uber launches flight bookings in UK, plans to double down on growth

Business Standard

The introduction of commercial flight bookings is "the latest and most ambitious step" in Uber's strategy, said its UK general manager Andrew Brem