Tech Company Financing Transactions
Ola Funding Round
On 3/21/2019, Ola announced $300 million in funding from Hyundai Motor Company and KIA.
Transaction Overview
Company Name
Announced On
3/21/2019
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Undisclosed
Investors
Hyundai Motor Company (Euisun Chung)
Proceeds Purpose
This partnership will help accelerate micro-entrepreneurship in India's growing pool of aspiring driver-partners.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bhavish Aggarwal
Chief Technical Officer
Ankit Bhati
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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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