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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
Aggarwal’s floundering venture is back in the market for funds, barely months after a hefty debt raise. Time for Ola Electric’s board to finally stir from its sleep.
The service that disrupted the entire ride-hailing sector two years ago isn’t fighting to counter its well-funded, larger rivals. It is building something else altogether.
Its business in a rut, the Bhavish Aggarwal-led firm has burnt through over Rs 1,000 crore in the first six months of the current fiscal. A fundraise is now critical.
Aggarwal’s floundering venture is back in the market for funds, barely months after a hefty debt raise. Time for Ola Electric’s board to finally stir from its sleep.
The service that disrupted the entire ride-hailing sector two years ago isn’t fighting to counter its well-funded, larger rivals. It is building something else altogether.
