Tag: OLA
Ola to lay off 400-500 employees to cut costs
The ride-hailing service Ola is apparently considering making huge expense cuts in the midst of the fundraising winter, which would require the unicorn to...
Two-wheeler rental company Vogo raises $11.5 million
Vogo, a two-wheeler rental company, announced on Thursday that it had raised $ 11.5 million (about Rs 83.6 billion) from existing investors, including Lightrock,...
Facebook ties up with Matrix Partners India
Tech- giant Facebook said it has joined hands with early stage venture capital fund Matrix Partners to scale small businesses in India.
The tie-up is...
Ola acquires Amsterdam-based electric scooter Etergo
In a major move, Ola electric has acquired Amsterdam-based electric scooter manufacturer Etergo. Ola electric is mulling to launch its own two-wheelers globally next...
Acko raises $16 Mn in funding round led by Ascent Capital
The Mumbai-based digital insurance platform Acko has announced that it has raised USD 16 million in a funding round led by Ascent Capital, a...
CCI gives nod to Hyundai-Kia’s $300 Mn investment in Ola
The Competition Commission of India (CCI) has today given the approval to the Hyundai and Kia Motors to invest USD 300 million into the...
OLA likely to get $200 Mn funding from Microsoft
Ola, the ride-hailing company is all set to raise funding of about USD 150-200 Mn from the tech giant Microsoft, as per the sources.
The...