The company targets to have 5 million merchants by next 18 months
The US-based company has marked India as its third biggest target market only after USA and China
The Ola Operator platform will enable operators to track the location of the vehicles, monitor the log-in, earnings and performance from a single window.
Sebi has decided to tweak the regulations to make them more attractive after incorporating some fresh suggestions from the industry and market players.
Reports suggest Flipkart is not the only company from e-commerce and related sectors to have deferred the joining dates for their campus hires and there are many others including InMobi, CarDekho and Hopscotch.
Over the past few months, Flipkart has also faced a series of markdowns from its investors.
The company claims to make emergency response available with just one tap on a mobile phone in under nine minutes in urban areas.
The idea to build a comprehensive platform of this scale first took root in 2014 when Sindhu, a IIIT Bangalore graduate, read about Narayan Singh Rao's work for the BJP during the Lok Sabha elections.