Tag: Qarth technologies

Ola acquires Chennai-based Qarth technologies

Ride-hailing app Ola said it has acquired Chennai-based Qarth Technologies, which has developed a mobile payments app X-Pay, in a move aimed at strengthening its payments business — Ola Money. Ola did not disclose the size of the deal. The IIT-Madras-incubated startup, founded in 2012, offers a p…