Swiggy, Zomato Orders May Become Costlier Due to GST Update
Food ordering from platforms including Swiggy and Zomato may become costlier soon as they will be required to collect and pay tax on behalf of all restaurants starting January 1,…
Ahead Of IPO, Ola Raises $500 Million Loan
The ride-hailing company Ola said on Thursday it had raised $500 milllion loan from international institutional investors, as the SoftBank Group backed start-up preps to make its stock market debut…
Ola To Raise Over $1 Billion Through Equity, Debt In Pre-IPO Round: Report
Ola is in discussions to raise a pre-IPO round of over $1 billionOla is in talks to raise over $1 billion in funding through a mix of equity and debt…
Softbank-Backed Ola Unveils First Operating Profit Ahead Of Potential IPO
Ola plans to raise up to $1 billion through an IPO in the next few months.New Delhi: Indian ride-hailing company Ola, backed by Japan’s Softbank Group, has notched up its…
Ola Buys GeoSpoc To Develop Next-Generation Location Technology
Ola plans to go public sometime in next year, but the actual date for the IPO hasn’t been decided yet.New Delhi: Ride-hailing aggregator Ola on Tuesday announced that it has…
From Scooters To Flying Cars, Ola Has Ambitious Future Plans
Ola plans to produce kick scooters and even flying cars as part of its future mobility solutionsOla plans to produce kick scooters, e-bikes, drones and even flying cars under its…
Women Only for Ola’s E-Scooter Factory Which Is World’s Largest
Exports for Ola’s inaugural S1 e-scooter are to begin later this year.Ola Electric Mobility Pvt’s new electric-scooter factory aims to build 10 million two-wheelers annually, or 15% of the world’s…
Ola Aims To Raise $1 Billion Through Initial Public Offer
Cab hailing giant Ola is planning to raise funds through the initial public offer routeRide-sharing giant Ola plans to raise up to $1 billion through an initial public offering (IPO)…