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BlackBuck to expand by 2021 with million drivers to solve India’s trucking puzzle

There are near about 40 variants of freight trucks plying India’s roads. Trucking technology startup Blackbuck is aiming to triple the size of its truck-hailing platform within the next two years following a round of funding. The startup aims to solve the complex puzzle of matching loads with capacity by connecting shippers with trucks something […]

SmartE bags Rs. 100 crore from Japan’s Mitsui & Co for EV startup

India’s largest electric mobility service provider startup – SmartE has raised Rs 100 crore from a Japan-based trading house major Mitsui & Co in a Series B funding round. The new funds for the Delhi based company are to expand its markets. The company plans to expand its three-wheeler rickshaw to 10,000 units operating at […]

Cancer startup Tempus gets a $3.1B valuation, raises fresh $200M

Malignant growth informatics and accuracy medication organization Tempus said today that it has landed $200 million out of a Series F speculation around. This new round brings the four-year-old company’s absolute funding to $520 million and valuation to $3.1 billion. The organization reported the financing round on Thursday, alongside designs to extend its clinical information […]

Uber launches ScUber submarine rides in Australia

The Uber company announced today the launch of the new project “ScUber”. Now through the application, you can order … submarine. True, this can only be done in Australia. ScUber was developed jointly with the State of Queensland. And the destination of the submarine is only one, but what – the Great Barrier Reef. “ScUber” […]

Nvidia to collaborate with DataDromSky startup to analyze road traffic

The drones, together with the powerful cameras they equip, are starting to become tools that go far beyond the recording of videos for leisure and work. There are companies that are already using them to analyze the traffic of vehicles and pedestrians. These companies are taking advantage of the research and data, even to be […]

Uber to pay hefty sum as settlement for Uberpop and violating taxi laws

Uber, the transportation network company, has acquired a load of controversies despite being operational for less than a decade. Now, as per the official statement given by Dutch prosecutors on Friday, Uber had offered its ‘Uberpop’, an unlicensed peer-to-peer ride-hailing service in the Netherlands around 5 years back, in 2014-2015, where an unlicensed someone could […]

The Deal: Food-delivery startup Swiggy to acquire Uber Eats in India

As per reports count, Uber India is in the final stage of a deal that would see Swiggy, the food delivery service to acquire Uber Eats in India. Swiggy in exchange would provide the U.S. ride-hailing firm with a 10 percent share of its business. The company was most recently said to be valued at $3.3 […]

Ola to reportedly Invest $4.2 million in Carpooling Startup sRide for 26% Stake

Ola is reportedly in talks with Gurugram-based carpooling startup, sRide, and may soon invest $4.2 million in the company for a minimum stake of 26%. The startup is attracting good business because other venture capital funds have also shown an interest in investing in it along with Ola or during more substantial funding round. Founded […]

Ola Cabs becomes India’s largest private micro-insurance service with 20 Million users

If you use Ola’s cab, there’s a piece of good news for you. As One of the biggest ride-sharing platforms in the world, Ola, with a modern insurer under its flagship and industry-first program, offers a unique achievement of providing 20 million in-trip micro-insurance facilities per month to its customers. This service was designed to […]

Uber has a head start with Loyalty Rewards program crossing over a slew countries

In a new initiative to attract more customers to its base, the global ride-hailing service provider, Uber is all set to deliver its customers a slew of new incentives and point rewards for using the Uber App over other apps for multipurpose interests. Loyalties like upgrades to nicer cars, flexible cancellations, and premium support would […]

Ola eyes to expand in fin tech sector; applies for NBFC license

The country’s largest taxi service company Ola is exploring new ways of business growth. Trying to get every opportunity available, the company has applied for non-banking finance services. Looking to further expand to the Financial Service Department, sources said that Ola has focused on strengthening its short-term credit services. Ola has been reported to apply […]

Zomato and Paytm partners to strike on online food delivery services in India

Paytm the digital payments company has partnered with food delivery company Zomato to take food orders using its payment app from across the country, primarily focussing on Tier 2 and Tier 3 cities. It has emerged as next big frontier for several consumer internet companies, who are in one way or another exploring investments, acquisitions […]