Tech Company Financing Transactions
Ola Funding Round
Ola, operating out of Bangalore, secured $330 million in investment from SoftBank Group.
Transaction Overview
Company Name
Announced On
2/28/2017
Transaction Type
Venture Equity
Amount
$330,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new cash, nonetheless, will come as a shot in the arm for Ola as it fights to stay ahead of Uber.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Maruthi Infotech Center A Block - 5th Floor Challaghatta 414
Bangalore, 560071
India
Bangalore, 560071
India
Phone
Website
Email Address
Overview
Ola is India's most popular mobile application for booking your cab, changing the way you travel in your city, forever! We bring together cab drivers and customers using technology to make transportation hassle free for everyone.
Management Team
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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