Ola Cabs

April 2012
ADVISED OLA CABS ON ITS SERIES-A FUND RAISE FROM TIGER GLOBAL
Service:
Capital Raise
Value:
US$ 4 Mn
Sector:
Transportation
Sub Sector:
MOBILITY & LOGISTICS
Invested By
About
Ola Cabs

Ola Cabs is a new age travel company which provides cab services to consumers. Ola aggregates cabs on their platform and connects them to the nearest passenger through their automated platform. They have raised capital from Tiger Global, Matrix Partners, Sequoia Capital, Steadview Capital and Softbank. The company was founded in 2010 by IIT Bombay graduates Bhavish Aggarwal and Ankit Bhati Merisis Advisors advised Ola, a technology company in the taxi aggregation space on its purchase of a company in complementary area in April 2015 in a domestic M&A transaction

Deal Led by
Fazal Ahad
Sumir Verma
Sub Sector
US$ 4 Mn
Founding Team
Bhavish Agarwal
Testimonial

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