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Ola Acquires Ridlr To Enhance Public Transport

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Ola Acquires Ridlr To Enhance Public Transport,Startup Stories,2018 Latest Business News,Startup News India,Ola Acquires Ridlr,Ola Acquires Public Transport Ridlr,Ridlr Merge with Ola,Ola and Ridlr Tie up,Ola CEO Bhavish Aggarwal,Ola Business News,Startup Finding

In an attempt to improve its navigation technology, homegrown cab conglomerate Ola, acquired transportation and traffic tracking app, Ridlr, for an undisclosed amount. With arch rival Uber racking in the big bucks, Ola made this acquisition to make sure it stands out on all fronts. The buyout comes shortly after Ola recently raised $ 1 billion, started its services abroad, acquired a food platform and shut down its bus unit, Ola Shuttle.

As a part of the acquisition, Ridlr’s workforce of 64 will merge with Ola, while co founder of Ridlr, Brijraj Vaghnani, will continue to lead the day to day operations. Currently operating in New Delhi and Mumbai, the traffic tracking app offers information on bus and train routes. Apart from this, the company also helps users book transportation for public services as well as track real time traffic.

Through the acquisition, Ola is aiming at building a seamless experience for commuters who use its service in conjunction with public transport services like buses, trains and the metro. Furthermore, the acquisition helps strengthen Ola’s efforts in making travelling a truly effortless experience. According to reports, both Ridlr and Ola believe this merger is going to enable multi modal mobility solutions for their users at a larger scale.

Rumours of an Ola and Ridlr tie up have been going around for quite a while. Now that the deal has gone through, Ola has made it clear it wants to uset the resources at hand to bring new technology and mobility options as it makes plans to take over the world one city at a time.

Bhavish Aggarwal, Co-Founder and CEO of Ola shared in a media statement that public transportation is a lifeline of millions of Indians and powering their needs like real-time information, mobile ticketing, cashless payments, and reliable services is bound to impact their end experience.”

“The challenge really is to make the entire ecosystem inclusive and robust for all. Ridlr, in a short span, has made huge strides in this space, and this latest acquisition lends muscle to our efforts in making transportation a far more holistic service,” he added. With this new relationship, it stands to see what Ola can achieve in the long run.

 

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Imarticus Learning Acquires MyCaptain for INR 50 Crore to Boost Non-Tech Upskilling

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My Captain

Imarticus Learning, an IPO-bound professional education firm, has acquired Bengaluru-based edtech platform MyCaptain for INR 50 crore in a cash-and-stock deal. This marks Imarticus’s fourth acquisition in four years and is aimed at expanding its presence in non-tech career training, especially across India’s Tier-II and Tier-III cities. MyCaptain, which has over 500,000 learners and a revenue of ₹27 crore for FY25, specializes in creative and entrepreneurial fields, with 60% of its users from smaller cities.

 

With this acquisition, Imarticus will bring MyCaptain’s employability bootcamps in digital marketing, design, and content to its 20+ classroom centers in 16 cities, blending online and offline learning. MyCaptain will operate as a fully-owned subsidiary, and all 250 of its employees will join Imarticus, expanding the combined workforce to over 850. The move supports Imarticus’s goal to reach five million learners by FY28 and deepen its offerings in non-tech domains.

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Ex-100X.VC Partners Launch 247VC, Announce INR 250 Crore Fund for Seed-Stage Startups

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Former 100X.VC partners Yagnesh Sanghrajka and Shashank Randev have launched a new venture capital firm, 247VC, unveiling a maiden fund with a target corpus of INR 250 crore (about $30 million). The SEBI-registered Category II AIF includes a base of INR 200 crore and a INR 50 crore greenshoe option, and is focused on backing 30 seed-stage startups across India over the next three years.

 

247VC will target high-potential founders in sectors like deeptech, enterprise tech, consumption, and Industry 5.0, with initial cheque sizes ranging from INR 3 crore to INR 4 crore and follow-on capital for top-performing companies. The fund has attracted prominent early backers, including Sachin Tagra (JSW Ventures), Vivek Mathur (ex-Elevation Capital), and Shailendra Majmundar (Johns Hopkins University).

Sanghrajka and Randev, who together have invested in over 200 startups previously, aim to support ambitious founders building for scale and innovation, especially in emerging and underexplored markets. The launch comes as seed-stage investing gains momentum in India, with average cheque sizes rising despite a cautious funding environment.

 

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Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

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AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

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