India’s ride-hailing giant Ola makes serious bet on two-wheeler

Ola, the largest ride-hailing service in India, said today its two-wheeler service — Ola Bike — is now operational in 150 Indian cities and towns and it intends to grow this business by three times in the next one year. The eight-year-old SoftBank -backed firm said Ola Bike is enabling it to reach the “hinterlands […]

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India’s Ather Energy raises $51 million to grow its electric scooters business

There’s more money racing into India’s increasingly-competitive two-wheeler market after electric scooter maker Ather Energy said today it has raised $51 million in new funding. The round was led by early backer Sachin Bansal, the co-founder of Flipkart, who invested $32 million. The rest of the money was provided by Hero MotoCorp, which added $19 million […]

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Uber begins trialing e-bikes and bicycles rides in India

Uber has partnered with bicycle sharing platform Yulu in India as it looks to grab a piece of the growing e-bikes market that is increasingly posing a challenge to taxi services in the nation. The San Francisco-headquartered firm, which is expected to go public later this week, said it will provide its users in Bengaluru with […]

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