Ola is reportedly considering setting up an independent food-tech company after acquiring food ordering app Foodpanda in December and began negotiations to acquire additional private food firms. Ola has already held talks with Freshmenu officials and another firm operating in the same market segment, according to three anonymous sources close to Ola. As of yet, no […]
Ola, the Indian Ride Hailing company announced that the firm acquired public transport app, Ridlr whose software will be integrated in Ola and bring new facilities to users in helping with their commuting needs. This acquisition consolidates Ola’s efforts in digitalizing the public transport facilities in India and is undoubtedly an additional asset for the Indian […]
Several news sources are reporting that Japanese giant investor SoftBank Group is putting pressure on Indian ride-hailing company Ola to merge with American rival Uber as part of a consolidation plan in India which represent the fastest growing market for ride hailing. SoftBank is currently the largest investor in both the companies and are reported […]
The IRCTC-Ola collaboration will give customers the chance to book an Ola ride whenever they visit the IRCTC Rail Connect App or the website. The Ola-IRCTC Partnership The railway Public Sector Undertaking (PSU) and Indian Railway Catering and Tourism Corporation (IRCTC) announced on Monday they were tying up with Ola, the cab aggregator, in […]
Mumbai based diamond manufacturer and distributor Laxmi Diamond Pvt Ltd’s Ashok Kumar Gajera has invested Rs 2 crore in food technology startup Holachef a financial daily reported. Holachef is a food delivery service from its “innovative food combos”. The funding is raised at the same valuation as its $5 million Series B round which was […]
Indian cab aggregator Ola has announced that it is shutting down its bus unit Ola Shuttle, as a part of a “re-balancing” of its mobility portfolio, reported Economic Times. Ola’s Shuttle bus service will now be terminated in cities of Delhi-NCR, Mumbai, Kolkata,Hyderabad and Chennai. The news is surprising as the SoftBank backed Ola on […]
Indian cab aggregator Ola is set to go international with the launch of its operations in Australia in the coming weeks, a move that will further intensify its battle with US-based rival Uber. The SoftBank-backed firm is now onboarding private hire vehicle owners onto its platform in Sydney, Melbourne and Perth, Ola said in a […]
The Reserve Bank of India will be issuing new Rs 10 notes under Mahatma Gandhi series. The new Rs 10 notes will soon be available in chocolate brown color as the base with a picture of Konark Sun Temple. As per the source, the government has already printed around 1 billion pieces of the new […]
Indian cab-aggregator unicorn Ola has acquired Foodpand India, run by Germany-based Delivery Hero Group. Run by ANI Technologies Pvt Ltd, Ola will also be investing around $200 million in Foodpanda’s Indian business over an undisclosed period of time. “Foodpanda India will benefit from Ola’s scale and efficiencies as a platform, also having leveraged learnings from […]
The world’s biggest 1 billion yuan($151 million) floating solar project in China, has connected to the grid. according to press-statement on December 10. Started by a unit of China Three Gorges Corp., China Three Gorges New Energy Co. the 150MW project started in July, 2017 is located in Panji District, Huainan City, Anhui Province. The […]
Google’s YouTube has updated its recommendation feature to spotlight videos users are likely to find the most gratifying, brushing aside concerns that such an approach can trap people in bubbles of misinformation and like-minded opinions. The new feature, which arrived in January but has not previously been reported, uses a measure of satisfaction derived from […]
Indian ride-hailing firm Ola said it has tied up with Microsoft to build a connected-car platform and will use the U.S tech giant’s Azure cloud-computing service to power its in-car entertainment offering. Microsoft is separately also in talks over a potential investment in Ola, a source told Reuters, declining to be named as the discussions […]