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Latest Articles in Ofo

ofo Raises $866M in Latest Funding Round Led by Alibaba

As a precedent of asset mobilization in the bike-sharing industry, ofo uses a combination of debt and equity financing for this round. ofo will drive long-term success independently with the continuing support of leading investors.

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Bicycle Sharing Bubble Burst in China, but in India it’s Still Ballooning

A cycle in Delhi can make the same distance as a car or motorbike in the same time, finds out this founder of a bike sharing startup.

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Minjar Raises Fresh Funds; Vivriti Capital to Raise Rs 650-700 Cr; Team Indus Plans $40M Fund; Ofo Gets $700M Led by Alibaba & More

ETechAces Marketing and Consulting, which owns online financial services marketplaces PolicyBazaar and PaisaBazaar, is looking to raise Rs 500 crore from Wellington Management, one of the world's largest asset management companies with $1 trillion under management.

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