Ola Becomes ThirdMost Valued Startup After Flipkart and Snapdeal

first_imgAfter raising funds worth ₹2,500 crore this month, online cab aggregator Ola is now the third-most valuable venture-backed company in India after Flipkart and Snapdeal.The Bengaluru-based company’s valuation rose to ₹15,600 crore with the latest round of funding which included investments by Russian billionaire Yuri Milner’s DST Global, Singapore’s state investment arm GIC and New York-based hedge fund Falcon Edge Capital invested along with its existing investors.Founded in 2011 and operations in more than 65 cities currently, the company plans to use the funds to expand its services to new cities and diversify its presence to other business areas, following the acquisition of rival TaxiForSure last month.”We will scale up rapidly and double our products and engineering team to about 1,000 in the next quarter,” Bhavish Aggarwal, CEO of OlaCabs, told The Economic Times.The company is aiming to expand cab aggregation services to about 200 smaller towns and cities, investing about of quarter of latest funds to scale up business of TaxiForSure. Ola claims to have 80% of market share after merging TaxiForSure.”Our growth has been strong and we have a very strong market leadership position, which are key reasons for our investors being so supportive,” said Aggarwal.In the previous round of funding, Japan’s SoftBank invested $210 million in the company in October 2014, taking its valuations to about $650 million.With valuations next to only Flipkart and Snapdeal, the company is trying to compete with Uber, a US-based online cab aggregator.Uber is currently the second most valuable start-up in the world at $41 billion after Chinese smartphone maker Xiaomi Inc. India is an important market to Uber, as it has only minor presence in the Chinese market.Flipkart is currently the most valued start-up backed by big venture capital firms, with its valuation skyrocketing to $15 billion from $1.5 billion in October 2013. In 2014 alone, the company raised a capital of around $2 billion.last_img read more

Article 15 movie review and rating Critics verdict on Ayushmann Khurranas film

first_imgAyushmann Khurrana in Article 15PR HandoutAyushmann Khurrana starrer Article 15 has had a special screening, following which the movie is being widely appreciated by the critics, who have come out with their reviews.The movie is based on the idea of Article 15 under Indian Constitution that guarantees no citizen of the country to be discriminated on the basis of caste, religion, race, sex, place of birth, etc.Trailer of the film had received appreciation, and it was being expected to be a brilliant movie. The viewers’ expectations have been fulfilled as Article 15 has won hearts of the critics. It is being showered with praises by the critics, who declared this film to be a must watch in their reviews.Apart from applauding for dealing with a critical issue, the movie is also being highly appreciated in terms of performances. The film got an average rating of 4 out of 5 stars.Check critics’ reviews and rating for Article 15:Times Now: Overall, Article 15 is not going to be a pleasant watch – let me preface that first. But if you have the courage to accept the reality of this country and the ill-practices that we have been following for thousands of years, then the Ayushmann Khurrana’s film is a riveting experience. I promise you by the time you come out of the theatre, you will stop for a moment and think how gory and disgusting our practices are, and how shameful of a society we continue to be. Article 15 truly is a film that questions our constitution that promises right to equality but is rarely ever put into practice in this country. 4*/5*Republic: If the purpose of art is to comfort the discomforted and discomfort the comforted, Article 15 exemplifies it totally. What makes Article 15 powerful? A sudden widening of the perspective about social layers in our country and viewer’s own discomfort in watching some gruesome scenes — is what Anubhav Sinha has captured and written in a beautiful way. 4.5*/5*Filmfare: Watch the film for its riveting performances and its underlying message that even after 70 years as a free country, we’re still shackled to the chains of caste. Article 15 offers you the truth about today’s society without pulling any punches. But as Jack Nicholson’s character from A Few Good Men says — “You can’t handle the truth.” We hope our audience goes out in droves to watch this important film — and learns to handle the truth. 4*/5*News18: Director Anubhav Sinha who has to his credit entertainers like Tum Bin, Dus and Ra.One has certainly found his groove with movies that qualify as social-issue-based commercial films. He combines elements of popular film-making with realistic story-telling and the result is an outstanding film. Mulk, which released last year made everyone sit up and take note of his work more seriously. With Article 15, Sinha compels us to ask for an encore. 4*/5*NDTV: Sinha draws many of its plot elements from newspaper headlines of recent years, the principal one related to the 2014 Badaun gangrape and killing of two girls and the 2016 Una flogging of Dalit men and employs them methodically to probe caste and gender fissures and fault lines. It remains true to the demands of the plot without losing control over its principal purpose – administering a bitter pill with just a hint of a sugar coating. It works wonderfully well. Article 15 is a not to be missed film. 4*/5*last_img read more

BNP gets permission to hold Fridays rally

first_imgLogo of BNPThe Bangladesh Nationalist Party (BNP) on Thursday said it got permission from the Dhaka Metropolitan Police (DMP) to hold a rally in the city on Friday demanding the release of its chairperson Khaleda Zia from jail.”We’ve got verbal permission from police to hold our scheduled rally in front of our Naya Paltan central office at 3:00pm on Friday,” party senior joint secretary general Ruhul Kabir Rizvi told UNB.He hoped that the DMP authorities will also give them the written permission soon.Rizvi said the DMP commissioner gave the permission when their party’s delegation, led by party chairperson’s adviser Abul Khair Bhuiyan, met him at his office.He said their party and its associate bodies took all the necessary preparations for making the rally a success.On 15 July, BNP secretary general Mirza Fakhrul Islam Alamgir announced that their party will stage demonstrations across the country, including the capital, on Friday demanding the release of its chairperson Khaleda Zia from jail and her better treatment.He said their programme is also meant for registering the party’s protest against the government’s ‘inhuman’ attitude towards Khaleda by keeping her in jail ‘without treatment’.last_img read more

We are about feel good music

first_imgSantana seems to have given Delhi a taste for rock for sure. And now Delhiites will get a chance to listen to Five 8 — a glam / Progressive Rock band from the city. The band has Robin Mathew on vocals, Aveleon Vaz on drums, Pranav on guitars, Steve Peter on bass and Shiv Ahuja on keyboards. Millennium Post caught up with the band members before their performance. Here are excerpts from an interview:How did all of you get together? We were all a part of the Kirori Mal College Music Society where the band was initially formed in 2005. But it was only in 2007 that we started playing our own music in the Delhi University circuit. After graduating, we started doing gigs in pubs. Our band was started with the idea of performing our own music and of course we also did a few covers. Also Read – ‘Playing Jojo was emotionally exhausting’How would you define your music?Essentially it is pop funk as a genre. Our music is all about feel good music. It is hip,  happy, funky. Overall, it is about having a good time.What will you be performing today? E.P. and some of our new compositions. This time we have also roped in Pranav for guitars in place of our official guitarist, who is studying music in Chennai.What is the USP of your band?The fact that our sound is ever evolving. We keep innovating our songs and also rework our older numbers. Also Read – Leslie doing new comedy special with NetflixWhy Five 8?Actually, Five 8 is a musical term, a time signature. It was once during a competition that our drummer randomly played the Five 8 and we are kind of stuck with it ever since. It is just that we never decided to change it since.Who composes the music? Also what story does it tell? Most of our lyrics is written by Robin Mathew, our vocalist and the drummer Aveleon Vaz. But all of us contribute to the lyrics. Earlier, we wrote on everything under the sun. But over time, we started focusing on our surroundings and added critical commentary about the society. Tell us one thing your band is completely addicted to…Food. We draw our inspiration when we hang out together and food is one factor we cannot do without. When we jam we go to our drummer Aveleon’s house where his parents are quite supportive. He is a Goan and his mother cooks us a lot of Goan dishes.What next?More gigs. This time of the year is really busy so probably more gigs. Also as a band, we do not have high and lofty ideas of conquering the world music, but this is not to say we are not serious. We take music very seriously but for us it is all about having a quality time jamming and creating good music. DETAILAt: Hard Rock Cafe, DLF Place, Saket When: 15 NovemberTimings: 9 pm onwards Phone: 47158888last_img read more

Video of couple getting scammed by Paris taxi driver goes viral

first_img<< Previous PostNext Post >> PARIS — A Thai couple is being hailed for keeping their cool after a Paris taxi driver tried to charge them nearly five times the actual fare from Charles de Gaulle airport to the city centre.The couple filmed their exchange with the driver while still seated in the backseat and uploaded it to YouTube earlier this month where it quickly went viral with over 220,000 views.In the video, the driver is seen demanding €247 for the 45-kilometre ride, nearly five times the flat €50 or €55 fee official Paris cabs charge from the airport to Paris’ right or left bank, respectively. The driver repeatedly insists that taxi fares in Paris are not fixed – “it’s by metre” – and shows the couple an app on his phone that indicates the price of 247.The couple, who were previously told by friends that a cab ride from the airport should cost “less than €70”, refuses to pay and questions whether he is a legal taxi.More news:  Save the dates! Goway’s Africa Roadshow is back“It’s not my car, it’s the company, you understand?” the driver angrily replies.He claims it’s a company car from Chauffeur Prive, a legitimate company, reports the Independent. But according to the company’s website, a ride from Charles de Gaulle airport to Paris costs a flat fee of €45.The couple asks to be taken to the police station where they suggest the matter can be resolved, but the driver refuses. They eventually offer to pay €100, but the driver calls them “crazy” before speeding up.At this point, the couple is heard calling emergency services but are unable to pinpoint their exact location. They eventually agree to pay the driver €200 simply to get out of the car.“The doors were locked and we had all our luggage in the trunk. He did not want to let us out, and kept driving while [supposedly] phoning his company to find a compromise,” Charkrid Thanhachartyothin, one of the passengers, told Le Parisien.More news:  Apply now for AQSC’s agent cruise ratesBoers, the city’s specialist taxi police brigade, is currently investigating the incident. Posted by Travelweek Group Friday, November 16, 2018 Tags: Crime, Paris Video of couple getting scammed by Paris taxi driver goes virallast_img read more