Ola Electric’s Stock Plunges to Record Low Amid 47% Monthly Sales Decline
Shares of Ola Electric Mobility hit an all-time low on Monday, sliding to Rs 23.82 on March 2.
Tag: Ola
Karnataka High Court Reinstates Bike Taxi Operations for Rapido, Ola, and Uber
The Karnataka High Court lifted the ban on bike taxis, allowing platforms like Rapido, Ola, and Uber to resume.
SoftBank Offloads 2.15% Stake in Ola Electric Through Open Market Transactions
SoftBank's SVF II Ostrich sold 2.15% of Ola Electric, dropping its stake from 15.68% to 13.53%.
SoftBank Adjusts Its India Approach Amid Departures and a Fresh Emphasis on AI
SoftBank's recent activity in India indicates a strategic reset, focusing on AI and enterprise technology.
Uber CEO Identifies Rapido as a Greater Competitor than Ola in India
Uber's Khosrowshahi sees Rapido as India's main rival, praising its subscription model for drivers.
New Regulations Unveiled for Ride-Hailing: Double Surge Caps, Cancellation Charges, and a Boost for Bike Taxis
The new Motor Vehicle Aggregator Guidelines 2025 allow surge pricing and support bike-taxi services.
Post-CCPA Notice: Tipping Trends Rise for Ola, Uber, Rapido, and Namma Yatri
The advance tipping feature on ride-hailing apps remains active despite user criticism and a CCPA notice.
Krutrim Expands Horizons by Acquiring BharatSahAIyak from Samagra Tech Consulting
Krutrim acquires BharatSahAIyak to enhance AI solutions for public infrastructure in India.
Karnataka’s Ongoing Ban on Ola, Uber, and Rapido Bike Taxis
The Karnataka High Court upheld the suspension of bike taxi services, affecting drivers and commuters.
Vanguard Pegs Ola’s Valuation at $1.25 Billion
Vanguard has marked down Ola's valuation to $1.25 billion, over 80% drop from its peak of $7.3 billion.
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