Bengaluru, 8th July 2024: In a significant development within the tech and transportation industry, Ola Cabs, under the leadership of Bhavish Aggarwal, has made a strategic transition to utilizing its proprietary online mapping service, Ola Maps. This move marks a pivotal shift for the Bengaluru-based ride-hailing company as it aims to enhance operational efficiency, reduce […]
Bengaluru, 27th Oct 2023: Ola Electric, a leading player in the electric vehicle (EV) industry, has recently secured an impressive funding amount of Rs 3,200 crore. This substantial investment comes from prominent investors, including Temasek and State Bank of India (SBI). In an official statement, Ola Electric proudly announced the successful conclusion of this funding […]
Ola Electric sold scooters worth close to $100 million on the first day of the sale of its model S1.
California, Aug 3, 2021: Video Conferencing platform Zoom will pay $85 million to settle a lawsuit alleging that weak privacy controls open the personal information of users for outsiders to disrupt video meetings during the start of the pandemic. Millions of people in the U.S. who have used Zoom since March 31, 2020, could be […]
India’s largest mobility platform Ola raises $100 million in debt funding for its EV unit OLA Electric.
Taboola is going public via a merger with ION, a publicly traded special purpose acquisition company or SPAC.
Ola inked an agreement with the Tamil Nadu government to invest $326 Million for setting up the world’s biggest electric scooter factory.
GM Vice Chairman Stephen Girsky, a member of the board, would replace founder Milton after resignation.
General Motors acquires 11 percent ownership of Nikola and the right to nominate one director at $2 billion.
Nikola received an order of 2,500 electric garbage trucks with the option to increase the order up to 5,000 units from Republic Services.
Ola Electric acquired Netherland based Electric scooter company Etergo BV.
Finance platform Ola Money has raised $27 million in funding from Matrix Partners and others.