Sachin Bandal invests ₹150 crore in Ola

Former co-founder of Flipkart, Sachin Bansal has invested ₹150 crore in cab hailing service, Ola.

According to business intelligence platform, paper.vc, Bansal has been allocated shares at a price of ₹21,240 per share.

Earlier reports indicate that Bansal plans to invest $100 million into Ola. His current investment in Ola stands at $21 million.

Source: The Hindu