The government plans to invite prominent international startups to enter India’s growing new economy. The department of industrial policy and promotion will organise a start-up conference next January to coincide with the first anniversary of the StartUp India initiative, according to an official…
Tag: Ola
I foresee a lot of automation & intelligence coming out of cloud telephony use-cases | S Ganesan, CEO & Co-Founder, Exotel
In this growing era of development, Cloud telephony is poised to change the way businesses look at customer communications.Cloud telephony refers specifically to voice services where they deliver scalability and reliability, allowing businesses to communicate better with their customers and vendo…
Ola to become India’s first app-based ride-hailing service to operate under valid licence
Ola will soon become the first app-based ride-hailing service in India to operate under a valid licence issued by the Karnataka state road transport authority. This comes after two months of the implementation of the Karnataka On-demand Transportation Technology Aggregator Rules 2016. HG Kumar, A…
Ola and Neev Finance now help driver-partners’ Children Get to School
India’s most popular mobile app for transportation, has partnered with Neev Finance, to provide easy school education for the children of Ola’s driver-partners as part of its reward-oriented program for its driver-partners, Ola Stars. This first of its kind initiative allows loan options for driv…
7 Indian startups valued over $1 billion
Flipkart Flipkart as a startup 9 years ago was a company with ambitions in the e-Commerce domain. The company started as an online platform for selling books in 2007 by Sachin Bansal is now valued at $ 15 billion offering a huge range of products categories. Snapdeal Snapdeal the e-commerce compa…
ixigo launches 1-Tap Cab Booking, that books cabs even without internet or GPS
ixigo, India’s leading travel search app has announced the launch of “1-Tap Cab Booking” on the ixigo cabs app – an innovative feature that allows booking the nearest available cab in one tap of a button on the user’s home screen. Currently available for Android, 1-Tap Cab Booking will wor…
Matrix partners raises 730 crore to boost its corpus
Venture firm Matrix Partners India, an early investor in ride hailing app Ola and classifieds portal Quikr, has raised a further Rs 730 crore or $110 million to boost the corpus of its second fund. The fund raise comes at a time when a Co-Founder Rishi Navani is leaving the firm, which will now b…
Large companies, not varsities are new startup garages| Anand Mahindra
Large corporations, and not necessarily reputed tech schools like IITs or MIT, are the new startup garages as big businesses race to stay relevant, Mahindra Group Chairman Anand Mahindra has said. “The new garage is not necessarily in the MIT or Stanford or the IITs. It is in fact, back in …
Tork Motorcycles bags funds from Ola founders and other angels
Tork Motorcycles, which is building an electric motorcycle, has raised angel funding from a host of investors including Ola founders Bhavish Agarwal and Ankit Bhati and a group of angels led by Co-Cubes CEO Harpreet Grover. Tork was founded by Kapil Shelke, a mechanical engineer with a passion fo…
Tech startups, e-commerce companies cut down on joining bonuses
With the funding frenzy cooling down and concerns of a valuation bubble rising, India’s tech startups and e-commerce companies are cutting back on plum joining bonuses. “Joining bonuses, used to lure quality talent fast, are being offered to about 10% of the staff now from 30%-40% a y…