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Ola raises its funds up to $500 mn

Ola app on demand transportation has raised $500 million led by Baillie Gifford, Tiger Global, soft bank, DST and China’s biggest taxi aggregator Didi Kuaidi.

Till date Ola has raised around external funds around $1,3 billion, and this got closed at $1,2 billion last year.

Ola raises its funds up to $500 mn

Source

According to a report, talking about the raising funds, C.E.O and Co – Founder of Ola Bhavish Aggarwal said “We are really looking forward and we are excited too to bring our partners onboard, who are helping us to grow faster”.

These investments in will help company to extend itself and to go deeper in the existing markets.

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