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 […]

Ola expands Ola Money PostPaid to encourage customers go cashless

Bangaluru based cab hailing service, Ola, launched Ola Money PostPaid today, which is an expansion of the existing Ola Money, a cashless system for paying for rides and third-party services. The new Ola Money PostPaid will allow users to avail cab services on credit for a 15-day cycle at no additional cost. It also has […]

Naspers to invest $1 billion in the Indian food delivering app, Swiggy

Naspers is a South African investment company looking to extend their business to make a name for themselves worldwide. A few days back, Naspers had invested a mind-numbing $540 million in an educational startup called Byju’s. Now, Naspers has made yet another investment in another Indian company called Swiggy. Naspers is investing $1 billion in […]

Lovot: A robot companion for humans teased by Japanese startup Groove X

Founded by alumni of SoftBank Group Corp’s robotics unit, Groove X unveiled the giant-eyed Lovot; a robot pet that can sense people’s emotions and communicate with them. The Lovot is a lovable robot designed to make its owners happy by mimicking affection. Japanese startup GROOVE X has adopted a guerilla approach, placing billboards in strategic […]

Ola invests $100 M in bike-sharing platform Vogo; to supply 100K scooters

Vogo the dockless scooter sharing platform which is Bengaluru based has raised funding of $100 million from Ola. This huge investment by the mega riding Ola will surely boost up and help Vogo to increase the supply by investing in 100,000 numbers of scooters, so now the Vogo will also be available of the application […]