Sachin Bansal invests ₹150 cr in Ola
This is one of the first investments made by Bansal after he quit Flipkart.
Parul January 16, 2019
MORE IN News
Flipkart co-founder Sachin Bansal has invested ₹150 crore in cab aggregator Ola. This is one of the first investments made by Bansal after he quit Flipkart following US retail giant Walmart picking up 77 per cent stake in the e-commerce company. The board of ANI Technologies, the entity that runs Ola, passed a resolution to this effect on January 12. It is reported that Bansal is likely to invest a total of ₹650 crore in the ride hailing company.