Meru Cabs plans to raise up to Rs 400 crore from PE funds

The fundraising plan comes at a time when Meru Cabs is sharpening focus on providing cabs to corporates and expanding its base of electric vehicles in the country.

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Facebook cryptocurrency Libra to launch as early as January but scaled back: Report

Libra was relaunched in slimmed-down form after regulators and central banks across the world raised concerns it could upset financial stability and erode mainstream power over money.

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Spinny reports 20% rise in sales to 1,000 units in festive season

People have increasingly started to prefer personal mobility solutions and the used-car market has proven to be a viable option amid the pandemic.

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ETtech Deals Digest: Cars24, Cashfree, Pravasi Rojgar raise funds this week

A quick look at this week's most important investments in the tech and startup space.

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Kaagaz Scanner secures $575,000 in funding led by Pravega Ventures

Since its launch in June 2020, Kaagaz Scanner is installed on over 1.9 million phones. O

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Ola focussed on aggressively building global electric two-wheeler biz: Bhavish Aggarwal

Ola is planning to foray into electric scooter manufacturing and plans to hit the market with its first vehicle in January next year, according to sources

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Transport ministry issue guidelines to regulate cab aggregators like Ola, Uber

Besides a surge pricing of 1.5 times the base fare, the aggregator will be permitted to charge a fare 50% lower than the base fare.

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