Dst Global

The exit comes after Udaan's CBO and CTO also left the startup in September

Byju Raveendran holds EGM amid crisis, proposes setting up Board Advisory Committee

Byju Raveendran told shareholders that it will be forming a Board Advisory Committee (BAC) to provide advice and guidance to the CEO on matters pertaining to the composition of the board and the governance structure suitable for the company.

SoftBank-backed Cars24 lays off 600 employees in cost-cutting drive

Cars24 joins the likes of well-funded tech startups such as Vedantu, Unacademy, and Meesho to lay off hundreds of employees as investments have dried up.

Byju’s raises $122 million from DST Global at $10 billion valuation

Byju’s is allotting 42,666 Series F preference shares at an issue price of Rs 213,042.13 per share for a 1.2 per cent stake for DST Global

We can learn a lot from world wars: Ola CEO Bhavish Aggarwal

Ola CEO Bhavish Aggarwal at an event today likened his company's rivalry with American rival Uber to World War II, claiming that the 'Americans are carpet bombing India'

Ola raises $500 m from Baillie Gifford, SoftBank & others

Ola has closed the Series F funding, raising USD 500 million from Baillie Gifford, China's Didi Kuaidi and existing investors, including Falcon Edge Capital, Tiger Global, SoftBank Group and DST Global.

China's Didi backs Ola to compete Uber in India

Established in 2012, Kuaidi Group has a peak of six million daily ride requests and focuses on city-bound travel covering nearly 300 cities in China, including Hong Kong.

Ola raises funds, aims to be in 200 cities by year end: CEO

The company will be launching newer categories and taking some of its existing categories into the 100 cities where it is currently present.

Ola in fresh funding talks; can raise up to USD 400 mn

Ola is locked in intense negotiations over the new round of funding as investors are closely "studying the firm's future plans," sources close to the development said.

Ola raises about $314 mn in fresh funding

Ola, backed by Japan's Softbank Corp , also received investments from private equity investors Accel Partners, Tiger Global and Steadview Capital in the latest round of funding. Ola competes with United States-based Uber in India.

Flipkart raises $700 million in fresh round of funding

As with previous funds raised, these funds will be used towards long-term strategic investments in India and to build a world-class technology company, delivering superior customer experiences, the company said in a statement.