| Date | Title | Description |
| 18.07.2024 | Google Maps cuts prices by 70% for developers after Ola Maps’ free offering | Google has slashed the pricing of Google Maps platform for developers in India by as much as 70% from August 1 as the company has introduced a new country-specific pricing structure.
It also said it will start accepting Google Maps subscrip... |
| 11.07.2024 | Каршеринг заезжает на обслуживание | - |
| 08.07.2024 | Ola’s Bhavish Aggarwal Asks Developers To Exit Google Maps, Offers Free Access To Ola Maps | SUMMARY
He also announced one-year free access to all developers to Ola Maps on AI-driven Krutrim platform
Besides, Aggarwal also claimed to offer over INR 100 Cr in free credits to developers
In an X post, Aggarwal said, “After #ExitAzure,... |
| 06.07.2024 | Ola Cabs Exits Google Maps, Moves To In-House Navigation Platform Ola Maps | SUMMARY
CEO Aggarwal claimed that the move will enable Ola Cabs to save INR 100 Cr annually in charges payable to Google
Aggarwal also said that Ola Maps will also “soon” add more features such as street view, NeRFs, indoor images, 3D maps,... |
| 06.07.2024 | Ola Cabs Exits Google Maps, Moves To Ola Maps After Azure exit last month, we've now fully exited Google Maps, says Bhavish Aggarwal, CEO, Ola | The ride-hailing cab aggregator, Ola, has announced a significant shift from Google Maps to its in-house Ola Maps for operations. This move is saving nearly INR 100 crore a year and it follows shortly after the company's recent exit from Mi... |
| 05.07.2024 | Bike Taxis In Bengaluru Under Transport Dept’s Lens After Protests By Auto, Cab Drivers | SUMMARY
The autorickshaw and cab drivers laid siege to the transport department’s head office in Shanti Nagar area, protesting against bike taxis and implementing a 'one city, one cab fare'
The transport also authority issued an order, dire... |
| 05.07.2024 | Rein in errant auto drivers first, then crack down on bike taxis in Bengaluru, netizens tell Karnataka govt | Karnataka transport department seized 133 bike taxis in Bengaluru on Friday
The Karnataka government's decision to crack down on bike taxis has not gone down well with Bengaluru citizens.
Many demanded that the state government first rein i... |
| 04.07.2024 | After auto drivers' protest, Karnataka transport department to crack down on bike taxis in Bengaluru | Auto and taxi drivers staged a protest in front of the transport head office in Shanti Nagar and demanded action against bike taxis, as well as the implementation of 'one city, one cab fare'
Auto and cab drivers staged a massive protest and... |
| 03.07.2024 | India Will Engage Startups For AI-Centric Digital Public Infrastructure: IT Minister Vaishnaw | SUMMARY
Union IT minister Ashwini Vaishnaw said the government plans to invest in an AI computing infrastructure with 10,000 or more GPUs through a public-private partnership
Additionally, the government will create AI innovation centres, a... |
| 02.07.2024 | Такси поделилось пассажирами | - |
| 28.06.2024 | Ola To Launch Grocery Delivery Via ONDC Soon, Eyes Major Share Of Food Orders On Network | SUMMARY
Bhavish Aggarwal led ridesharing unicorn Ola Mobility is now all set to roll out its grocery delivery over the next few days
The report also added that Ola is already the second largest buyer-side platform after Magicpin in the food... |
| 26.06.2024 | Индийские стартапы привлекли $3,9 млрд с начала года | - |
| 13.06.2024 | Google techie in Bengaluru shares 'one of the biggest perks': 'It helps me save a lot of money' | The software engineer said that since he lives 12 km away from the Google office, this benefit really helped him.
For Priyansh Agarwal, the biggest perk of working with Google in Bengaluru is the free cab service the tech giant offers. For ... |
| 09.06.2024 | Такси взмывают в небеса | - |
| 05.06.2024 | A realm full of opportunity and test Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts th... | - |
| 03.06.2024 | Каршерингу назвали цену | - |
| 01.06.2024 | Таксистов застрахуют на день | - |
| 31.05.2024 | Gurugram police prohibits nighttime vehicle stops and traffic challans | - |
| 30.05.2024 | Ola Cloud Migration: Shifting IT Workload From AWS After Exiting Microsoft Azure | SUMMARY
Ola's migration from Azure resulted in an estimated daily revenue loss of INR 5-25 Lakh for Microsoft
Similarly, the shift from AWS is projected to cost Amazon INR 30-40 Lakh daily
Despite the significant revenue loss from Ola's dep... |
| 29.05.2024 | Ola Electric eyeing up to 500 job cuts before IPO: report | GreentechNewsTransportation
Samreen Ahmad · 2d ago · 1 min readOla Electric eyeing up to 500 job cuts before IPO: report
Photo credit: Ola Electric
India-based Ola Electric is planning to lay off 400 to 500 employees before its upcoming IPO... |
| 29.05.2024 | Using private car as a cab can lead to insurance claim rejection | - |
| 29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
| 28.05.2024 | Karnataka HC maintains 5% service charge cap on app-based autos | The Karnataka High Court on Monday dismissed the writ petitions filed by ride hailing companies against capping the service charge levied at 5% in the state.
The petitions challenged the state government’s notification fixing the service ch... |
| 25.05.2024 | Pune car crash: Action against bars affecting livelihood, employees protest | - |
| 25.05.2024 | Indian startup ecosystem is mature, set to bolster economy: AWS' Raghavan | - |
| 25.05.2024 | Indian startup ecosystem mature, set to bolster economy: AWS' Raghavan | - |
| 22.05.2024 | Pune case: Set limit on serving alcohol as customers drive home, says court | - |
| 22.05.2024 | Bhavish Aggarwal Vs Microsoft: Ola Claims Transition To Krutrim Cloud From Azure | SUMMARY
The founder further added that it has brought over 2,500 developers on board who will be working to get companies onto its cloud platform over the coming weeks
Aggarwal also invited other companies to exit Azure and move to its Indi... |
| 22.05.2024 | Why is India a developing, not developed nation? Amitabh Kant answers | - |
| 22.05.2024 | Paytm Q4 FY24 results: Loss widens to Rs 550 crore, warns of job cuts | - |
| 22.05.2024 | Ola moves tech workloads out of Microsoft's Azure, says Bhavish Aggarwal | - |
| 22.05.2024 | Navigating the Boom: How Investors Are 'AI-ing' Big in India While the startup ecosystem tries to leave the funding winter behind, the AI startups and investors are having a pleasant time | - |
| 21.05.2024 | Bengaluru airport suspends entry fee for vehicles amid public outrage | - |
| 20.05.2024 | Ola's next stop: Scaling up fintech, logistics, e-commerce businesses | - |
| 19.05.2024 | Decrease in road accident fatalities in Delhi till May 15, shows data | - |
| 17.05.2024 | Forbes 30 Under 30 Asia: Indian entrepreneurs shine among 300 trailblazers | - |
| 16.05.2024 | Watered down: Evaluating Bengaluru's future as India's IT capital | - |
| 16.05.2024 | After CEO, Ola CFO Kartik Gupta steps down | Kartik Gupta, chief financial officer (CFO) of Ola’s parent ANI Technologies, has quit after seven months of joining the ride-hailing company. This comes amid restructuring at the company ahead of its initial public offering (IPO).
Confirmi... |
| 16.05.2024 | Ola Cabs top-level exits continue as CFO Karthik Gupta steps down | Ola sees another C-suite level exit as Karthik Gupta, Chief Financial Officer (CFO) of ANI Technologies, the parent company of Ola Cabs, has stepped down, according to people in the know.
Karthik’s departure comes nearly two weeks after Ola... |
| 16.05.2024 | Another Top-Level Exit At Ola: Now, CFO Karthik Gupta Resigns Within Seven Months | Image Credit: hindustantimes.com
SUMMARY
Gupta’s departure is part of the wider restructuring exercise undertaken by the company to strengthen cost structures, focus on growth and increase its bottom line
As part of the restructuring exerci... |
| 14.05.2024 | Ola Electric’s CBO Ankush Aggarwal joins Ola Financial Services as CEO | ANI Technologies, the parent company of ride hailing company Ola, has appointed Ankush Aggarwal as the chief executive officer of Ola Financial Services.
His appointment comes on the backdrop of resignation of Hemant Bakshi as CEO of the ri... |
| 14.05.2024 | Amid Restructuring, Ankush Aggarwal Returns To Ola Cabs’ Ride Hailing Biz | SUMMARY
Aggarwal is a part of the senior leadership team or what is being internally referred to as the ‘CXO team’
Aggarwal is set to take on multiple responsibilities within Ola Cabs, akin to his role at the electric vehicle maker
This mov... |
| 11.05.2024 | Ola to move entire workload out of Microsoft's Azure to Krutrim: Aggarwal | - |
| 11.05.2024 | Bhavish Aggarwal Vs LinkedIn: Ola To Stop Using Microsoft Azure, Migrate To Krutrim AI Cloud | SUMMARY
Amid his ongoing tussle with Microsoft-owned LinkedIn, Aggarwal said that Ola would stop using cloud computing platform Azure and migrate to Krutrim AI’s cloud
The announcement comes just a week after Krutrim announced opening its c... |
| 10.05.2024 | LS polls: Job promises galore as Odisha scores low on employment index | - |
| 09.05.2024 | Indian PE, VC investments decline 35% to $39 billion in 2023: Report | - |
| 09.05.2024 | LS polls: Delhi voters to get free bike taxi ride to booths on voting day | - |
| 08.05.2024 | Election tourism: 27% surge in inter-state travel during Lok Sabha polls | - |
| 07.05.2024 | A comprehensive list of 2024 tech layoffs | The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companie... |
| 07.05.2024 | Nandan Nilekani-backed people+ai partners with 24 tech organisations | - |
| 06.05.2024 | Ola Launches Krutrim Cloud to Provide Access to AI Computing Infrastructure With a made-in-India twist, Ola's Krutrim aims to take on AI chatbots such as ChatGPT and Gemini AI, focusing on developers. | - |
| 05.05.2024 | Hyundai antes up $1B for AV startup Motional and Elon unplugs the Tesla Supercharger team | Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Before I jump into the all the news — and boy there was a lot! — I have an important update for all of you lovely readers. TechCru... |
| 04.05.2024 | Ola's AI to outdo global players in energy-efficient data centres: Founder | - |
| 03.05.2024 | A comprehensive list of 2024 tech layoffs | The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companie... |
| 03.05.2024 | «Работу в такси нельзя рассматривать как подработку» | - |
| 02.05.2024 | Петербург открыл сезон слежки за самокатчиками | - |
| 29.04.2024 | Indian ride-hailing giant Ola cuts 180 jobs in profitability push | Ola has let go its chief executive, Hemant Bakshi, merely four months after appointing him to the post, and is cutting about 180 additional jobs, a source familiar with the matter told TechCrunch.
The move from the Indian ride-hailing start... |
| 29.04.2024 | Ola Cabs CEO Hemant Bakshi quits after just three months | Hemant Bakshi, the chief executive officer of Ola Cabs, has reportedly quit the ride-hailing firm. Bakshi was roped in as the firm’s CEO in January this year.
A former Unilever executive, Bakshi was leading Ola’s mobility business along wit... |
| 29.04.2024 | E-commerce market to hit $325 billion by 2030, rural India to lead growth | - |
| 29.04.2024 | Ola Cabs CEO Hemant Bakshi resigns; company to lay off 10% employees | - |
| 29.04.2024 | Ola Cabs Fires 10% Workforce, CEO Hemant Bakshi Quits | SUMMARY
Ola Cabs laid off the employees in line with its IPO plans. The restructuring exercise impacted employees across departments, Inc42 has learnt
Earlier this month, it was reported that the Bhavish Aggarwal-led startup has restarted i... |
| 29.04.2024 | Ola Cabs CEO Hemant Bakshi quits; company to lay off 10% employees | - |
| 28.04.2024 | Startups grew over 300 times in ten years: Union Minister Jitendra Singh | - |
| 26.04.2024 | Indian startup funding declines 3.1% to $2.3 billion in Q1 CY2024 | - |
| 26.04.2024 | Сам себе таксопарк | - |
| 26.04.2024 | Оштрафованный областной депутат вскрыл нюанс пользования каршерингом | - |
| 26.04.2024 | Ola trims workforce, CEO steps down | News
Lokesh Choudhary · 30 Apr 2024 · 1 min readOla trims workforce, CEO steps down
Ola founder Bhavish Aggarwal / Image credit: Timmy Loen
Ola Cabs is looking to cut about 180 of its workforce – or 10% of its total – as part of a restructu... |
| 24.04.2024 | SWAT Mobility raised additional $3.8 M to expand across Asia | In order to expand its AI-powered transportation platform throughout Asia, Singapore-based SWAT Mobility has raised an additional US $3.8 million in funding. According to CEO Jarrold Ong’s confirmation to the media, this brings the total ca... |
| 24.04.2024 | Bengaluru to experience Zero Shadow Day today: What you need to know | - |
| 23.04.2024 | GenAI Revolution in Asia and Oceania | The rise of Generative AI (GenAI) in Asia and Oceania is reshaping the tech landscape, with projected software revenue exceeding $18 billion by 2028. Leading markets like China, Japan, and South Korea are spearheading GenAI development, lev... |
| 23.04.2024 | Ola In Talks With Banks For IPO Advisors: Report This marks Ola's second try at going public, following a failed attempt in 2021 to raise USD 1 billion. | - |
| 20.04.2024 | Ola Cabs Revs Up for $500 Million IPO | Ola Cabs, India's answer to Uber, is gearing up for an initial public offering (IPO) to raise a whopping $500 million, sources revealed. The SoftBank-backed company is eyeing a valuation of around $5 billion, making waves in the ride-hailin... |
| 20.04.2024 | Ola Cabs plans $500 million IPO, to appoint banks soon, sources say | Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct knowledge of the matter told Reuters on Friday.
SoftBank-backed Ola is India's answer to Uber ... |
| 19.04.2024 | Exclusive-India's Ola Cabs plans $500 million IPO, to appoint banks soon, sources say | MUMBAI :Indian ride-hailing firm Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct knowledge of the matter told Reuters on Friday.
SoftBank-back... |
| 19.04.2024 | PE, VC investments decline marginally to $13.5 bn in March quarter: Report | - |
| 19.04.2024 | After Ola Electric, Bhavish Aggarwal Plans $500 Mn IPO For Ola Cabs | SUMMARY
Ola Cabs plans to file draft IPO papers with the Securities and Exchange Board of India (SEBI) within three months
Ola Cabs’ IPO preparations started right after Bhavish Aggarwal’s other startup, Ola Electric, filed its DRHP in Dece... |
| 17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
| 17.04.2024 | Omdia: Generative AI software revenue in Asia and Oceania to exceed $18 billion by 2028 | LONDON, April 17, 2024 /PRNewswire/ -- Since ChatGPT emerged, Generative AI (GenAI) development and deployment have been gaining significant momentum in Asia and Oceania, Omdia's new, Generative AI in Asia & Oceania – 2024: Democratizat... |
| 16.04.2024 | Ola cuts entry-level scooter price: A look at what competitors are doing | - |
| 14.04.2024 | TechCrunch Mobility: Cruise robotaxis return and Ford’s BlueCruise comes under scrutiny | Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.
It was ... |
| 12.04.2024 | Intel's Gaudi 3 AI Chip Challenges Nvidia's Dominance | Intel's Gaudi 3 AI chip is set to shake up the AI accelerator market, offering strong performance and efficiency compared to Nvidia's H100. With faster training and inference times, Intel aims to compete head-to-head with Nvidia's popular G... |
| 09.04.2024 | HDFC Bank Misses MSCI Threshold by a Hair's Breadth | HDFC Bank's foreign legroom inches close to the MSCI threshold but falls short by a mere 5 basis points, causing a ripple in the investment world. The potential for further selling this quarter could lead to a weight-up adjustment in the up... |
| 09.04.2024 | Indian ride-hailing giant Ola quits UK, Australia and NZ in international pullback | Indian ride-hailing giant Ola is shutting down its operations in the U.K., Australia and New Zealand, six years after expanding to international markets, as it shifts focus to shoring up its domestic business ahead of an initial public offe... |
| 09.04.2024 | Intel Vision 2024 Offers New Look at Gaudi 3 AI Chip | After first announcing the existence of the Gaudi 3 AI accelerator last year, Intel is ready to put the chip in the hands of OEMs in Q2 2024. Intel announced this and other news, including a new Xeon 6 brand and an open Ethernet standard fo... |
| 09.04.2024 | Ola ceases operations in UK, Australian, and New Zealand markets | Indian ride-hailing service provider Ola is exiting from the UK, Australia and New Zealand. The move comes nearly six years after it launched its services in these three markets.
“Our ride hailing business is growing rapidly, and we remain ... |
| 09.04.2024 | Ola Cabs Shuts Ride-Hailing Business In UK, New Zealand, and Australia | SUMMARY
In a statement, a spokesperson of Ola Cabs said that the startup has reassessed its priorities and is highly focussed on the Indian market
Ola drivers in Australia received an email informing them about the abrupt closure and forbid... |
| 09.04.2024 | RBI launches manufacturing cos survey, a key input for policy formulation | The Reserve Bank has launched the next round of quarterly order books, inventories and capacity utilisation survey of manufacturing companies, a key input for the monetary policy formulation.
The 65th round of survey is for the reference pe... |
| 06.04.2024 | New Electric Mobility Scheme: Ather, Ola, TVS, Others Get Govt Nod To Sell EVs | SUMMARY
The prospective subsidies can be claimed for sales made in the upcoming four months
Last month, the Ministry of Heavy Industries (MHI) announced a new scheme to promote sale of electric two- and three-wheelers
The launch of the Elec... |
| 05.04.2024 | BlaBlaCar's Road to Growth and Profitability | BlaBlaCar, the world's leading community-based travel app, has secured a €100 million revolving credit facility to fuel its growth ambitions. This funding brings the company's total to over €637 million, marking a significant milestone in i... |
| 05.04.2024 | How These Powercouples are Transforming the Startup Landscape From tech startups to traditional businesses, couples are redefining the entrepreneurial landscape in India, embodying resilience, innovat... | - |
| 05.04.2024 | Why Global Investors are Looking to Invest in Indian Startups Investment in India is being driven by a confluence of factors, including educated young talent, cheap data availability, digital infrastr... | - |
| 02.04.2024 | After reaching profitability, carpooling platform BlaBlaCar secures $108M debt line | BlaBlaCar is an iconic name in the French startup ecosystem. The carpooling and bus ticketing company has been around for so long that it’s hard to consider it a startup anymore. Still, BlaBlaCar is an extremely interesting company today du... |
| 01.04.2024 | Gautam Adani's APSEZ cargo grows 24% at 420 million tonnes in FY24 | Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) – India’s largest port operator – handled 420 million metric tonnes (mmt) of cargo in the financial year 2023-24, registering a significant 24 per cent growth, the company sai... |
| 31.03.2024 | Кандидатам в водители прописали правила | - |
| 29.03.2024 | India’s top-funded tech startups reined in FY23 losses as revenue growth slowed | Premium
Credit: 123RF.com
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture capital funding, reined in their operating losses in the financ... |
| 20.03.2024 | Local chip design firms can cater to e2Ws worldwide: Cadence's India MD | Cadence Design Systems, the world’s leader in electronic systems design and automation, headquartered in San Jose in the US, sees a huge opportunity for homegrown chip and electronic design startups to make products catering to the global e... |
| 11.03.2024 | Magicpin launches delivery service to enter logistics aggregation segment | Hyperlocal delivery startup Magicpin announced the launch of its delivery-as-a-service vertical Velocity, which the company plans to scale to 100,000 orders daily.
The platform is currently witnessing an average of 5,000 orders per day. Wit... |
| 07.03.2024 | Large representation of Indian data differentiates us: Krutrim's Ravi Jain | Krutrim, an artificial intelligence (AI) venture co-founded by Bhavish Aggarwal of Ola, has entered the increasingly competitive AI race dominated by players such as Google, Microsoft, and OpenAI.
However, what sets the firm apart from thes... |
| 06.03.2024 | Disturbing Account of Ola Cab Ride Assault Sparks Safety Concerns | ECONOMY & POLICY Disturbing Account of Ola Cab Ride Assault Sparks Safety Concerns
06 Mar 2024 CW Team
A routine Ola cab ride turned into a nightmare for Kiran Verma and his 6-year-old son when a disagreement over payment spiraled into ... |
| 27.01.2024 | Ola Founder Bhavish Aggarwal's Krutrim Becomes India's First AI Unicorn The startup was valued at $1 billion after it successfully raised a remarkable $50 million investment led by key investors, incl... | - |
