olacabs

  • India’s Answer To Uber, Ola Takes $210M Led By Softbank At $1B Valuation

    India’s Answer To Uber, Ola Takes $210M Led By Softbank At $1B Valuation

    SoftBank is doubling down on India, quite literally. The Japanese tech powerhouse, flush with billions from its extremely lucrative Alibaba investment, is today confirming that it has led a $210 million investment in Ola, an Uber-style service in India that aims to use technology to shake up and dominate the car-for-hire and wider transportation market in the country. The news comes at the… Read More

  • Olacabs Makes Live Traffic Heatmaps In India To Solve Its Cab Problem

    Olacabs Makes Live Traffic Heatmaps In India To Solve Its Cab Problem

    Getting a cab in Mumbai isn’t the same as it is in other countries, according to one of the taxi app startups in India. Olacabs‘ co-founder, Bhavish Aggarwal, said it’s harder to flag down a cab in India’s financial capital because there are fewer of them plying the streets. For Mumbai’s 15 million people, there are just 60,000 taxis running around. Car… Read More