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Ola follows Flipkart
Ola (ANI Technologies Pvt. Ltd) is adopting a holding company structure similar to that of India's most successful internet startup Flipkart to boost the cab-hailing company's valuation, this as per officials who spoke on the condition of anonymity. Once set up the holding company will own different units, including its core cab business, food delivery app Foodpanda and the nascent businesses of electric vehicles and the international unit. These businesses and some others are expected to have their respective heads who will run them independently.
28 May 2018Ola follows Flipkart, moves to a group company structure
Ola will set up a group holding company that will own Ola cabs, Foodpanda and its nascent businesses of electric cabs and international operations
1 min read28 May 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared