Trends

Ola raises $11M from Deshe Holdings

Ola parent company ANI Technologies Pvt Ltd has now secured $11 Million in the fresh funding round from some of the new investors which include the US-based Deshe Holdings, DIG Investment and two other founders of the Dubai based Jabbar Internet Group.
The report revealed that investment was a part of the Ola ongoing Series J round. The company as of now has received $470 Million in investments in this round.
Before this year, Ola has also revealed a $100 Million investment from the Co-founder of Flipkart Sachin Bansal which is even followed by a $300 Million investment announcement from the Korean automotive companies that is Kia and Hyundai Motors.
Ola also has revealed its plans to raise around $1 Billion as a part of its ongoing funding series.
Ola as of now has been engaged in a race to raise the capital while at the same time diversifying its investor base to save itself from ceding too much control to its largest shareholder SoftBank.
Source: Ola
Source: Techstory

Follow Us On Facebook, Twitter & Instagram . Please Share Your Stories, Press Release & Articles At [email protected]. To Read More News Daily, Subscribe To Our Push Notification at https://www.inventiva.co.in/
This article is automatically sourced by automatic news feeds through online softwares, Inventiva team has not made any modifications and adjustments in the article and is published as it is after giving due credits to its original source.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker