India’s largest cab aggregator Ola is testing a service to provide bike taxis in Bengaluru, close on the heels of its main rival Uber which recently launched a similar service in the city. The service, the latest from the Ola stable following the launch of a shuttle-bus as well as an auto-r…
Tag: Ola
DriveU raises $1 million from Unitus seed fund
DriveU, an on-demand driver service, has raised funds from Unitus Seed Fund, a move that will help the company compete with taxi-aggregators like Ola and Uber. While the Bengaluru-based company declined to disclose the investment details, sources said Unitus has pumped in about $1 million (about …
Ola signs pact with UP govt to create over 50k entrepreneurs
Taxi aggregator Ola on February 24 entered into an agreement with the Uttar Pradesh government to create over 50,000 entrepreneurship opportunities across the state. As per the pact, Ola will work with the state government towards skill development of youth in state and providing entrepreneurship…
Ratan Tata, US varsity to invest in Indian Start-ups
The private company of Tata Group doyen Ratan Tata will jointly invest with the $100-billion investment arm of the University of California, in start-ups and companies in India that focus on the segments of mobile telephony, energy, health care and emerging technologies. The investment cycle woul…
Cabsguru – ORIX to launch premium services from 8 cities
Cabsguru, a meta-search engine for road travel, has signed a deal with ORIX Auto Infrastructure Services Limited (OAIS) to launch a premium category of intercity cab services in eight cities in India including Delhi – NCR, Mumbai, Bangalore, Pune, Kolkata, Chennai, Jaipur and Hyderabad. OAI…
UrbanClap to get funding from Ratan Tata
Leading services marketplace UrbanClap, where Ratan Tata made his latest investment, wants to be counted among the top five internet businesses in India within a year. Co-founder and Chief Executive Abhiraj Bhal told Business Standard, “We are looking to become the Amazon for services’’. The comp…
Ola To Launch In Chandigarh; Jugnoo Cries Foul
Ola is planning to launch its auto-rickshaw hailing service in Chandigarh soon. Jugnoo, an auto-rickshaw aggregator funded by Paytm, has accused larger rival Ola of poaching employees and lifting its employee and driver database in Chandigarh. In a letter dated December 1, Jugnoo’s founder …