To offer an alternative to commercial platforms, the Telangana Gig and Platform Workers Union (TGPWU) has demanded the creation of a government-run ride-hailing app. Additionally, it called on the government to establish a Welfare Board to provide equitable salaries, social security benefits, and open fare regulation, as well as to
E-two-wheeler retail sales reached their second-best monthly performance, only missing March's 140,333 units, thanks to festive season demand and alluring OEM discounts. While Ola has recovered to levels above 41,000, TVS and Bajaj are still engaged in a fierce war. This segment all set to reach
According to reports, Sidharth Shakdher has been named the new Chief Marketing Officer (CMO) and Business Head of Paytm, a fintech company. Within nine months of joining the company run by Bhavish Aggarwal, Shakdher left Ola. Among other accomplishments, he was instrumental in the establishment of the consumer loans section,
On October 13, 2024, the Central Consumer Protection Authority (CCPA) announced that Ola, a ride-hailing company, has been ordered to make improvements that will benefit customers. These modifications include giving refund alternatives and giving receipts for auto rides. Chief Commissioner Nidhi Khare of the CCPA noted that Ola's
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India is becoming the world's fastest-growing startup ecosystem with 117 Unicorn Startups, as of March 2024. In today's world, unicorn startups are not as uncommon as before; however, building a unicorn startup is not easy. It takes a lot of hard work, commitment, and perseverance throughout
On Thursday, Ola co-founder and CEO Bhavish Aggarwal stated that India must establish its future on its own terms in order to dominate the technologies of the future, specifically mentioning artificial intelligence (AI). At a press conference in Hosur, where new products were unveiled by Ola's electric vehicle,
Ola Electric, headed by Bhavish Aggarwal, is speculated to conduct its highly anticipated initial public offering (IPO) as soon as the first two weeks of August. An Indian electric two-wheeler supported by Japanese investor Softbank is reportedly aiming to raise $740 million through a mix of a new offering and
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In a groundbreaking move, OLA Electric, the renowned electric vehicle (EV) manufacturer, is gearing up for its much-anticipated Initial Public Offering (IPO). This milestone event is poised to make history, representing the first IPO by an automaker in India in over two decades. The last instance dates back to 2003
đź“„Company Profiles
Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. Ola needs no introduction. The first Indian cab aggregator company, Ola has made availing of cab services a smooth experience. Owned by ANI Technologies Pvt. Ltd. and formerly known as OlaCabs, Ola was launched
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As said, “Success is not final and failure is not fatal”, Businesses nowadays have grown exponentially. Business organizations and their players ought to play by the rules while being ferocious at times whenever required. The willingness to take extraordinary chances assists them in achieving more than those who play safe.
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The world is evolving at a fast pace, right from climate change to pollution and everything in between — things are moving fast towards a more sustainable and economical future that is built upon the grounds of frugal innovation and so is India's push towards sustainable use of resources
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Just because of valuation, startups often take the limelight as unicorns even when they are losing hefty amounts of money. This may seem strange, but older businesses are not regarded as strongly as startups, and in most cases, these existing businesses are valued well below their genuine value. Every day,