Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market, Bloomberg reported Monday (July 17). With 38% share of that market, Ola Electric has sold...
In today’s FinTech news, ride-hail firm Ola acquires challenger bank Avail Finance, while Relay Payments launches a payments solution for the fleet industry. Plus, a recent survey shows financial advisors are slow to recommend digital assets for clients’ portfolios. India’s Ola to Acquire Neo Bank...
Today in the connected economy, Netflix adds game developer Boss Fight Entertainment to its creative team, while Sony prepares to debut its subscription video game service. Also, delivery service Gopuff signs a multi-year partnership with British grocery chain Morrisons, and Indian ride sharing service Ola...
Indian ride-hailing platform Ola is set to acquire Avail Finance, a neo-bank founded by the brother of Ola’s co-founder. As New Indian Express reported Friday (March 25), the deal, which is still subject to approval from shareholders, will help Ola Financial Services, a subsidiary of...
February 22, 2024
Uber reportedly wants to move deeper into India’s two- and three-wheeled vehicle market. Speaking during an event Thursday (Feb. 22) in Bangalore, CEO Dara Khosrowshahi said the company was trying out services from scooters to motorbikes in what he referred to as his “toughest market,” providing a blueprint for expansion in other countries, per a report by Bloomberg News. […]
July 17, 2023
Indian startup Ola Electric Mobility is reportedly in line for an initial public offering (IPO) sooner than anticipated. This change is due to its success in India’s electric scooter market,...
March 25, 2022
Today in the connected economy, Netflix adds game developer Boss Fight Entertainment to its creative team, while Sony prepares to debut its subscription video game service. Also, delivery service Gopuff...
March 25, 2022
Indian ride-hailing platform Ola is set to acquire Avail Finance, a neo-bank founded by the brother of Ola’s co-founder. As New Indian Express reported Friday (March 25), the deal, which...
