OLA

January 2015
ADVISED OLA ON ITS ACQUISITION OF A COMPANY IN COMPLEMENTARY SPACE
Service:
M&A
Value:
UNDISCLOSED
Sector:
Transportation
Sub Sector:
MOBILITY
Acquired
About
OLA

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
Sumir Verma
Sub Sector
UNDISCLOSED
Founding Team
Bhavish Agarwal
Testimonial

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