Ather

Tiger Global invests $12M in Ather Energy

Ather Energy, a Bangalore based start-up, that is currently designing a smart electric two-wheeler, has received funding of US $12 million (Rs 75.33 crore) from Tiger Global. The new round of funding will be used for development, testing, production and the launch of Ather’s first smart electric two-wheeler – the …

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cab

Bookcab.in now serving tier III cities

Outstation car rental aggregator, Bookcab.in, has launched its services in India’s tier III cities. Responding to the increased demand for outstation cab bookings in smaller cities, Bookcab.in is now serving Haridwar, Ujjain, Rishikesh, Ooty, Panipat, Meerut and Ambala among others. Established in 2011, the Bangalore based company focuses entirely on …

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boeing-patent

Sci-fi in the theater of war: Boeing patents plasma force field

Boeing (NYSE: BA), has obtained a patent for a plasma force field.  Actually, the patent is for something called a “method and system for shockwave attenuation via electromagnetic arc,” so the term “force field” is perhaps being used a bit loosely.  Nevertheless, the force field is intended to envelop and …

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olataxi

Ola acquires TaxiForSure for $200 Million

In its continued effort to revolutionize India’s personal transportation sector, Ola today announced that it has acquired TaxiForSure, India’s second largest cab aggregator, for $200 million in a cash and equity deal. Ola, which already boasts over 1 lakh vehicles on its platform, has further expanded its presence with TaxiForSure’s …

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