June 19th, 2018The Indian retail fashion brand Lifestyle is reportedly investing about Rs 140 crore for the purpose of expansion during the current financial year. The company will open new stores, the investment of which is estimated to be Rs 8 crore to Rs 10 crore per store.
“We are planning to open 12 to 14 stores during the current fiscal,”...
May 23rd, 2018OYO, the leading hotel aggregator, has taken a huge step towards expansion, after opening hotels in China and Indonesia making it one of the few Indian consumer technology companies expanding businesses in the world’s second largest economy.
The developments come only eight months after the Gurugram-headquartered company raised $10...
May 22nd, 2018Ola, the homegrown cab-hailing service is now expanding its operations in Australia to include the cities of Brisbane, Gold Coast and Canberra.
“Customers in these cities can book discounted rides using Ola app starting Tuesday,” said the Bengaluru-based online cab aggregator in a statement.
Ola was founded in 2011 by Bhavish...
April 21st, 2017Cab aggregator Ola's board has approved raising up to USD 100 million from existing shareholders, primarily to fund its expansion plans.
The company, which is locked in an intense battle with American rival Uber, had recently raised funds to the tune of Rs 1,675 crore from its Japanese investor, SoftBank.
The approval was for...
