Rajasthan Chief Minister Bhajanlal Sharma flagged off Bharat Taxi in Jaipur on Saturday, marking the launch of India’s cooperative ride-hailing platform in the state capital. The event took place at the Bhagwat Singh Mehta Auditorium at the OTS campus, with Union Minister of State for Cooperation Murlidhar Mohol attending as a guest. The cooperative model…
Ola Consumer is now cash flow positive and profitable, while rivals Rapido and Uber reportedly burn over Rs 100 crore monthly. Learn about Ola”s strategy shift. New Delhi, Jun 7 (PTI) Ola Consumer has turned free cash-flow positive and achieved profitability, widening the gap with rivals that continue to spend heavily to gain market share…
Ola Consumer is now cash flow positive and profitable, while rivals Rapido and Uber reportedly burn over Rs 100 crore monthly. Learn about Ola”s strategy shift. New Delhi, Jun 7 (PTI) Ola Consumer has turned free cash-flow positive and achieved profitability, widening the gap with rivals that continue to spend heavily to gain market share…
Maharashtra Transport Minister orders police to shut down unauthorized bike taxi apps like Ola, Uber & Rapido. Legal action against operators. Mumbai, May 12 (PTI) Maharashtra Transport Minister Pratap Sarnaik on Tuesday directed the cyber crime department of the police to shut down unauthorised bike taxi apps of aggregators such as Ola, Uber and Rapido,…
Ola Consumer achieves free cash flow positive in H2 FY26 after restructuring. Focus on ride-hailing, subscriptions, and new revenue streams. New Delhi, May 8 (PTI) India’s oldest cab aggregator, Ola Consumer, has turned free cash flow positive in the second half (H2) of FY26, according to people familiar with the matter. The development comes as…
Ola Consumer achieves free cash flow positive in H2 FY26 after restructuring. Focus on ride-hailing, subscriptions, and new revenue streams. New Delhi, May 8 (PTI) India’s oldest cab aggregator, Ola Consumer, has turned free cash flow positive in the second half (H2) of FY26, according to people familiar with the matter. The development comes as…
A new ride-hailing platform, Bharat Taxi, has been launched in Mumbai, positioning itself as an alternative to established players like Ola and Uber. The app aims to transform the cab service sector through a cooperative, driver-centric model. Union Minister Piyush Goyal highlighted the initiative, emphasising its focus on improving driver welfare and creating a more…
The government-backed Bharat Taxi App was launched in Mumbai on Thursday (23 April), mounting a direct challenge to private ride-hailing aggregators by pitching itself as a driver-first alternative. The driver-side application went live on 23 April, while the passenger version is slated for release in the first week of May. In a notable move, the…
Ola Electric on Thursday announced a price reduction of Rs 60,000 on its flagship electric motorcycle, Roadster X+ 9.1 kWh powered by its 4680 Bharat Cell. The move has been enabled by rapid economies of scale at its Gigafactory and deep vertical integration of its indigenously developed 4680 Bharat Cell, Ola Electric said in a…
Bharat Taxi: Government-backed Bharat Taxi has expanded its presence in the Indian market,posing a significant challenge to the dominance of private cab companies. Cooperative Minister Amit Shah informed the Rajya Sabha that this platform is successfully competing with established companies like Ola and Uber and gaining incredible popularity among drivers. With over 4.31 lakh driver-partners…