Latest Articles in Ofo
#TodayDeals: Shop101 Raises $5M, SmartVizX Bags Rs 10 Cr, Ofo Decides to Shut Down Its Indian Operations & More
Chinese bicycle sharing behemoth Ofo has finally decided to shut down its operations in India. It has around 30 employees in India.
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Mobike to Start India Operations from Pune Soon, Appoints Former EY Executives
The company officially launched its service in Shanghai in April 2016, and in just two years, has now expanded the service to over 200 cities in 16 countries globally.
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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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