July 20, 2017

Ola raises additional $50 million funding from U.S-based hedge fund Tekne Capital



Ola Founders
Image Courtesy of Ola

India’s largest cab aggregator Ola is continuing its fundraising momentum. The company has now added additional $50 million to its coffers, raised from US-based hedge fund Tekne Capital Management.

As per the sources, the New York-based investment firm has infused around $50 million in the company as part of its ongoing round , which has also seen participation from Ratan Tata’s venture fund RNT Capital Advisors and US hedge fund Falcon Edge.

Another source aware of the matter said that the company is still continuing  […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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