This Is Uber’s Answer To Ola Play, Coming Soon To A Cab Near You

Uber is taking a page out of Ola’s playbook as it pushes to expand business in India, its largest overseas market. Months after its Indian rival introduced its “connected platform” called Ola Play, Uber is set to launch its own infotainment system across several of its cab tiers in the country.

Why Uber and Ola Drivers are Unlikely to Go on Another Strike Anytime Soon

As Ola and Uber started to gain ground in cities, the companies began to actively experiment with exactly how much money they needed to spend like this. Could drivers hit 40 rides in three days, and do it for less money? Uber and Ola both kept tweaking the figures.

Ola’s Aggarwal, Bhati Lowest-Paid Unicorn Founders, Yet Raked In Millions

Bhavish Aggarwal and Ankit Bhati, co-founders of cab-aggregator Ola, may be the proverbial poster boys of Indian e-commerce, but they are the lowest paid among all unicorn—a business valued at more than a billion dollars—founders in the country.

Ola’s Cab-Leasing Arm Swings To A Loss In FY16

Ola Fleet Technologies Pvt. Ltd, the cab-leasing arm of taxi aggregator Ola, has posted a loss of Rs 13.3 crore for FY16 compared to a profit of Rs 3.9 crore the previous year, show filings with the Registrar of Companies (RoC).

How Start-Ups Die Plop!

Start-ups, the playfield of the young and the restless, have had a hard reality check.

Indian Startups Should Focus On Sustainability, Stop Chasing Unicorn Tag

The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator.

Uber Drivers Are Just An Unhappy Lot In This Country

Uber’s desperate attempt to turn India into its next big market isn’t chugging along smoothly.

Is it End Of Road For Ride-Sharing By Uber And Ola, Over Safety, Legality Debate?

Rideshare, which allows two or more people going in the same direction to use one cab, might be a good concept, but when did a good concept come in the way of law? It has in the case of cab aggregators Ola and its American rival Uber.

With UberEATS, Is Uber Biting Off More Than It Can Chew?

Online food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the world’s biggest startup by valuation, announced last week that it will soon launch its global on-demand food delivery app, UberEATS, in India. To roll out the service, it is currently inviting restaurants and delivery partners.

Flashback 2016: Uber Sharpens Focus On India After Losing China Battle

Mid-way through the year, something unexpected happened with Uber – the largest startup in terms of valuation. It gave up in the world’s most populous country. In an apparent move to stop a bloodbath in terms of losses, US-based Uber Technologies Inc, co- founded by Travis Kalanick, agreed to sell its China business to home grown rival Didi Chuxing. That made India, the second biggest market for Uber after the US the focal point. It was the biggest highlight for Uber in India in year 2016.

Funds Dried Up And Valuations Fell: The Year That Was For Startups

The biggest change for technology startups came on November 8, when the government announced its decision to ban currency notes of Rs 500 and 1,000. Suddenly technology became a large driver for commerce. While retail sales in pockets dropped up to 50%, sales for e-tailers fell 20%. It was also a year of large cultural shifts – more number of buyers shopped online than ever before, and demonetisation added to the drive.

The New Era Of Startups

The startup ecosystem has become a hot topic for all and sundry. They have taken off and matured because of various factors such as availability of funding, consolidation activities by a number of firms, evolving technology space and a burgeoning demand within the domestic market has led to the emergence of startups.

SoftBank Group Writes Down $555 Million In Ola, Snapdeal Investments

Japan’s SoftBank Group Corp. has written down as much as 58.1 billion yen ($555 million) in two of its biggest investments in India, cab-hailing firm Ola (ANI Technologies Pvt. Ltd) and e-commerce marketplace Snapdeal (Jasper Infotech Pvt. Ltd), the company said.