PhonePe Acquires Indus OS, Settles with Affle Global
Digital payments and financial services company PhonePe said on July 29 that it had completed its long-term acquisition of mobile platform OSLabs following a settlement...
Tag : Ola
Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...
CCPA Issues Unfair Trade Practices Notice to Ola and Uber
Consumer protection watchdog CCPA said on Friday it had issued notices to taxi aggregators Ola and Uber alleging unfair trade practices and consumer rights violations....
Ola Board Approves Buyout of Avail Finance
Ola’s board has approved the acquisition of Avail Finance for $50 million in a share swap deal. The merger comes as Ola planned to list...
Locofy.ai Raises $3 Mn in Pre-Seed Funding
Locofy.ai has raised $3 million in pre-seed funding from investors such as Accel India, January Capital, Golden Gate Ventures and Boldcap, the company announced in...
Ola to Invest Rs 786 Crore in Ola Financial Services
Ola is thinking to invest Rs 786 crores in Ola Financial Services (OFS) and having a 100 per cent subsidiary of the platform, according to...
Nykaa Values About $13 Billion on Debut
Shares of Nykaa made a blockbuster opening valuing the company at around $13 billion in the latest startup listing. Shares of FSN E-Commerce Ventures, the...
Razorpay Raises $160 Mn at $3 Bn Valuation
Digital payments and business banking platform Razorpay said it has raised $160 million in its Series E round of funding, at a valuation of $3...
Startup Funding in Q4 FY21 Stood at $3.65 Billion
A series of large financing rounds for some of India’s best-known startups has propelled the flow of risk capital into the sector to a high...
Policybazaar to Team Up With Paytm, Ola, IndusInd Bank for NUE Bid
SoftBank-backed insurance platform Policybazaar will partner with Paytm and Ola Financial, as well as private sector lender IndusInd Bank and a handful of consortium players...