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A collection of 3 posts
uber

Uber and Ola Halt Delhi Rides as India Enforces Pandemic Lockdown

Ride-hailing giants Uber and Ola suspend all services in New Delhi and restrict operations across India to comply with government lockdown orders aimed at slowing the coronavirus spread.
23 Mar 2020 1 min read
ola

Ola Electric Reaches Unicorn Status After $250M SoftBank Investment

Ola Electric secures $250 million in a Series B round from SoftBank, reaching a $1 billion valuation to expand India's electric vehicle infrastructure. The funding supports the country's ambitious goal to convert 40% of its fleet to electric by 2026.
01 Jul 2019 1 min read
softbank

SoftBank Breaks Industry Rules by Funding Multiple Rival Startups

SoftBank's massive Vision Fund routinely ignores the traditional venture capital rule against backing direct competitors. This aggressive strategy distorts market dynamics and puts startup founders in difficult negotiating positions.
26 May 2019 1 min read
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