BUSINESS
Ola says it sold Rs 1,100 crore of electric scooters in two-day sale
Ola now plans to reopen the sales window on November 1 in time for Diwali. Consumers can book their reservation slots on the Ola Electric website for Rs 499.
BUSINESS
US market will surpass India for us in the near future: MPL's Sai Srinivas
After expanding at a breakneck pace for 2-3 years, MPL is now looking at predictable and meaningful growth so that in future it can be a global, publicly listed company, Srinivas says.
BUSINESS
Ridiculous state of affairs, says MPL cofounder Sai Srinivas on Google's app policies
Srinivas's comments come at a time when a slew of India's top digital startups are calling for legislative action against app store operators Google and Apple.
MCMINIS
What is A15 Bionic and why is it in the news?
BUSINESS
Truecaller seeks to raise $116 million in IPO
The offering is expected to comprise new shares offered by Truecaller.
BUSINESS
Gaming startup MPL joins unicorn club with $2.3 billion valuation
MPL plans to use the funds to finance global expansion, invest in technology and strengthen its footprint in India, the world’s largest market for game downloads with an estimated 840 million installs in June.
BUSINESS
Snapchat parent ropes in former Amazon executive Uttara Ganesh as public policy head for India
India has been a major growth market for Snapchat. In May this year, Snap CEO Evan Spiegel had said that they have witnessed over 100 percent year-over-year growth in daily active users in each of the last five quarters.
BUSINESS
Why Intuit's $12 billion Mailchimp acquisition stands out
Mailchimp is Intuit's largest-ever acquisition and comes more than a year after it purchased Credit Karma for $7.1 billion in February last year.
BUSINESS
Ola Electric FutureFactory to be run entirely by women
"We have invested significantly to train and upskill them in core manufacturing skills and they will be responsible for the entire production of every vehicle manufactured at Ola Futurefactory" Ola chief executive Bhavish Aggarwal said
BUSINESS
Moneycontrol Masterclass | Quick commerce is here to stay, but being empathetic to delivery partners is key
What toll does hyperlocal delivery take on its workers? Do you really need your groceries delivered in 15 minutes? Is this a sustainable business model? These were some of questions answered by an ace panel of experts
BUSINESS
Amagi raises $100 million from Accel, Avataar Ventures and others
Amagi enables content owners to launch, distribute and monetise live linear channels on free-ad-supported television and video services platforms through a suite of solutions.
BUSINESS
Udaan co-founder Vaibhav Gupta named CEO; company eyes IPO in 18-24 months
While Gupta takes charge as CEO, the other two co-founders Amod Malviya and Sujeet Kumar, as board members will work with him to ensure that the organisation transitions to a CEO- led structure.
