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Ola To Partner With Tata Motors To Launch Electric Vehicles

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Ola To Partner Tata Motors To Launch Electric Vehicles,Startp Stories,2017 Ola Cabs Business Updates,Nano Electric Vehicle In Delhi,Ola Launches First Electric Vehicles,Ola India Biggest Cab Aggregator Startup,Electric Vehicles 2018,Electric Tata Nano Cabs,Electric Vehicles 2017 Latest News,Tata Motors Electric Vehicles in India 2017

Ola, India’s biggest cab aggregating startup, is set to launch a fleet of electric vehicles (EV) in collaboration with Tata Motors. The cab hailing startup will launch the electric Tata Nano cabs as a part of its fleet of taxis in Delhi NCR by the end of 2017.

Tata Motors first showcased the EV concept car at the Geneva motor show in 2010 and claimed to have a range of 160 km on one charge. The electric cars, however, will not be made completely by Tata Motors but will be a product of Jayem Automotives and will be called the Jayem Neo. The car will also be available for personal use as well soon.

Tata Motors will be joining companies such as Mahindra, Suzuki, Toyota, Honda and Hyundai working on electric car technology. This move is in line with Prime Minister Narendra Modi’s mission to make India go completely electric by 2030. The deteriorating air quality in the northern parts of the country in recent times prompted automakers to accelerate their plans to introduce electric vehicles in India.

Multiple previous reports suggest Bengaluru based Ola would be deploying a million electric vehicles in the next five years to capture the country’s booming electric vehicles market. Ola’s chief investor Softbank also revealed plans to make Ola an electric car manufacturer in collaboration with global carmaker, Toyota. The company was also a part of the launch of India’s first multi modal electric vehicle project held in Nagpur in May this year. Under this project, 200 electric powered public transport vehicles were supposed to be deployed on Ola’s app platform in Nagpur.  

Ola Technologies is also expected to narrow its loss this fiscal year and become profitable during the fiscal year 2018-2019. According to a valuation report by audit firm Jain Ambavat & Associates, Ola could report a net operating profit of over Rs. 1,170 crores which could grow further to Rs. 6,423.33 crores by 2020-2021.

 

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ShareChat Appoints Neha Markanda as CBO

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Sharechat

ShareChat, one of India’s premier social media platforms, has strengthened its leadership by appointing Neha Markanda as Chief Business Officer for both its flagship ShareChat platform and the popular short video app Moj. Markanda, previously Head of Industry, E-commerce at Google India, brings over 22 years of expertise across renowned companies like Meta, GSK Consumer Healthcare, PepsiCo, and ITC. At Google India, she led transformative strategies in e-commerce and health tech, ensuring market growth and technological innovation for global brands. Her proven track record uniquely positions her to drive ShareChat’s revenue strategy, business expansion, and partnerships with advertisers and regional stakeholders.

Markanda’s appointment comes at a pivotal time for ShareChat, which recently achieved profitability and has projected a robust ₹1,200 crore revenue run rate for the year. The platforms boast a combined monthly active user base of more than 325 million, making ShareChat and Moj essential tools for marketers seeking to increase engagement across India’s diverse regions. Markanda’s expertise is expected to further accelerate ShareChat’s business growth, opening doors for brand collaborations and hyper-targeted influencer campaigns, which can connect marketers to local audiences in a culturally relevant manner.

With advanced degrees from the Indian Institute of Foreign Trade and Lady Shri Ram College, Markanda’s leadership is set to reinforce ShareChat’s momentum as India’s go-to platform for marketers and creators looking for trusted, brand-safe environments. Her focus on vernacular content and building robust partnerships will complement ShareChat and Moj’s mission to empower regional creators and deliver authentic engagement. Industry experts have lauded this strategic move, anticipating that Markanda’s vision will help ShareChat and Moj maintain their edge in India’s social media landscape.

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Pune’s SuperGaming Secures $15M to Expand in Emerging Markets

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Super Gaming

SuperGaming, the Pune-based gaming innovator known for hit titles like MaskGun and Indus Battle Royale, has raised $15 million in a Series B funding round, boosting its valuation to an impressive $100 million. This marks a nearly fivefold increase from its 2021 valuation of $21 million, highlighting the company’s rapid growth and the rising investor confidence in India’s booming gaming industry. The funding reflects SuperGaming’s strong market presence and strategic vision to become a global leader in online gaming. 

The funding round was spearheaded by Skycatcher and Steadview Capital, with significant participation from notable international investors including a16z Speedrun, Bandai Namco O21 Fund, Neowiz, and prominent Web3 financiers such as Polygon Ventures and Sandeep Nailwal. Existing backers like AET Japan and BACE Capital also continued their support. SuperGaming aims to utilize this capital infusion to expand its footprint internationally, focusing on emerging markets. A key initiative includes launching its award-winning game, Indus Battle Royale, in Latin America through a partnership with LOUD.GG, alongside rolling out its proprietary SuperPlatform developed with Google Cloud to empower game developers worldwide, especially in resource-constrained regions. 

CEO and Co-Founder Roby John emphasized that this funding milestone is crucial in shifting India from merely a gaming consumer base to a hub for gaming innovation. By adopting a “hyper-local” strategy that tailors games to diverse cultures in underrepresented markets like the Middle East and Latin America, SuperGaming is poised for global growth. With over 200 million installs and an expanding user base, SuperGaming’s recent fundraising solidifies its position at the forefront of India’s gaming revolution, ready to make a major impact on the international stage.

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Swiggy DeskEats: Office Food Delivery Launched in 30 Cities

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Swiggy

Swiggy, India’s leading online food delivery platform, has introduced DeskEats, a unique meal delivery service specifically designed for office-goers and working professionals across 30 major cities. DeskEats aims to streamline office dining by offering a diverse, office-friendly menu, making it easier than ever for corporate employees to enjoy convenient and delicious meals right at their workplace. By simply typing “Office” or “Work” in the Swiggy app, users can unlock curated collections like Value Combos, Stress Munchies, Healthy Nibbles, and Teamwork Bites, catering to every office dining scenario—from solo meals to team lunches and quick snack breaks.

Swiggy’s DeskEats is now operational in over 7,000 tech parks and business centers, granting office workers access to nearly 700,000 menu items from over 200,000 restaurants. This vast variety ensures there’s something for everyone, addressing the growing demand for quick, tasty, and nutritious food that fits seamlessly into the busy schedules of working professionals. Early trends from DeskEats’ pilot phase show a strong preference for easy-to-eat options like chicken popcorn in Bengaluru and garlic breadsticks in Gurugram, reflecting the popularity of meals tailored for the modern workday.

Expanding upon its Corporate Rewards Program, which is already trusted by thousands of organizations, Swiggy enables companies to enhance employee wellness programs by offering food delivery, groceries, and dining benefits efficiently. With DeskEats, Swiggy reaffirms its commitment to transforming workplace dining by prioritizing variety, convenience, and user satisfaction—cementing its position as a key player in the evolution of India’s office food culture.

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