Ola raises $50 million from New York-based hedge fund Tekne Capital

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Homegrown cab aggregator Ola has raised a fresh round of funding worth $50 million from New York-based hedge fund Tekne Capital. The latest funding is expected to take Ola’s valuation to $3.65 billion from $3.5 billion in February.
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Ola teams up with Google to launch Progressive Web App for 2G networks

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Ola has teamed up with Google to launch ‘Progressive Web App’ (PWA), a lightweight mobile website that offers users, especially in smaller towns and cities, an app-like experience on simple smartphones. Continue reading “Ola teams up with Google to launch Progressive Web App for 2G networks”

Bharti Airtel, Ola team up for integrated digital services

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Bharti Airtel has teamed up with Ola to offer a range of digital services. Under the strategic partnership, Airtel Payments Bank will integrate with Ola app while Ola Money will integrate with Airtel digital properties. This will allow Ola users an additional digital payment mode while booking rides. Continue reading “Bharti Airtel, Ola team up for integrated digital services”

Ola secures Rs. 670 crore in funding from Falcon Edge, Ratan Tata

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Homegrown cab aggregator Ola has raised $100 million (Rs 670 crore) in the latest round of funding. Investors in the latest round of funding comes from Falcon Edge Capital and Ratan Tata’s UC-RNT capital, a joint venture between Tata and and the University of California Investments, according to documents filed with the Registrar of Companies on May 2.
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Ola offering monthly Share Pass worth Rs. 299 for Re. 1 till Dec 16

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Ola is hosting a sale for its Share Pass rides under which the company is offering Share Pass worth Re. 299 for Re. 1 till December 2016. The Share Pass offers differ from city to city. Continue reading “Ola offering monthly Share Pass worth Rs. 299 for Re. 1 till Dec 16”

OnePlus, Ola team up to offer on-demand OnePlus 3T experience at your doorstep

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OnePlus and Ola have partnered to provide exclusive access of the latest OnePlus 3T to customers. Users in Mumbai, Hyderabad, Pune and Kolkata can avail this service. Continue reading “OnePlus, Ola team up to offer on-demand OnePlus 3T experience at your doorstep”

Ola, Yes Bank collaborate to set up 30 mobile ATMs

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Ola has teamed up with Yes Bank to set up mobile ATMs across 30 locations in the country that will allow people to withdraw up to Rs 2,000 per card. The service will be made available in over 30 locations across 10 cities, including Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Chandigarh, Ahmedabad, Hyderabad and Jaipur.

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Ola joins hands with SBI and PNB for mobile ATMs

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Ola is making it easier for people to beat the cash crunch following demonetization of Rs. 500 and Rs. 1000. The homegrown ride hailing service has teamed up with State Bank of India (SBI) and Punjab National Bank (PNB) to set up mobile ATMs in the country.
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Ola Play in-car connected entertainment system launched

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Ola has launched in-car connected entertainment platform dubbed as Ola Play that lets users control car features like music and air-conditioning. The home grown cab hailing service has teamed up with Apple Music and Sony Pictures India for the same. Continue reading “Ola Play in-car connected entertainment system launched”

5 ways to sail through out the day cashlessly

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Prime minister Narendra Modi surprised the whole nation yesterday with a decision to scrap Rs. 500 and Rs. 1000 notes as part to create corruption-free India. As a direct consequence, all the ATMs, banks will be shut down for a day or two to make way for Rs. 100 notes till the Rs. 2000 and Rs. 500 note arrives. Continue reading “5 ways to sail through out the day cashlessly”

SoftBank likely to invest Rs. 2000 cr in Ola

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SoftBank is all set to invest Rs. 2000 crore in homegrown taxi hailing service Ola, according to a latest report from Economic Times.  Ola may raise USD 250-300 million in a new round of funding led by the Japanese telecom and Internet major, and other existing investors may also participate. Continue reading “SoftBank likely to invest Rs. 2000 cr in Ola”

You can now book Ola and Uber rides directly from Google Search

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Google is now making it easier for you to book Ola or Uber rides directly from the Search. With the latest update you can now find directions and choose from a menu of ride service options straight from its Google Search App or through the mobile search browser.

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Ola app now lets you book a ride with Siri, gets Maps integration

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Ola has updated its iOS app which adds the ability for users to book a ride using Siri from their iPhone or iPad. Users will have to update their Apple devices to iOS 10 in order to use this feature.

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Ola shuts down TaxiForSure, lays off around 700 employees

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Ola had acquired TaxiForSure in March 2015 for $200 million following which the service was integrated into the former’s app. Now, the homegrown taxi hailing service has announced that it is shutting down TaxiForSure business.

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