Flipkart Co-Founder Sachin Bansal invests Rs. 650 cr in Ola cabs

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Flipkart Co-Founder Sachin Bansal invests Rs. 650 Cr in Ola Cabs and this is his personal capacity which is the largest investment in Ola Cabs till date.

Ola is one the largest ride – hailing platforms today confirmed a investment from Sachin Bansal, who is India’s foremost internet entrepreneur and co-founder of Flipkart.

Flipkart Co-Founder Sachin Bansal, Ola Cabs
Flipkart Co-Founder Sachin Bansal gives Rs 650 cr to 
Bhavish Agarwal, the CEO & Co-Founder of OLA,

Speaking on this occasion Sachin said, “Ola Cab is one of India’s most promising consumer business, which is creating a deep impact and lasting value in the existing eco-system.On one hand, they have created a global force in the mobility space and on the other hand, they continue to build deeper services for various needs through their platform, becoming a believable household name at present”.   

Bhavish Agarwal, the CEO & Co-Founder of OLA, said “ We are extremely thrilled and ecstatic to have Sachin as onboard Ola as an investor. Sachin is the icon of entrepreneurship and his experience in building one of India’s most respected businesses ground up , is unparalleled. His investment is a great encouragement for all of us at Ola and our mission to serve a billion customers”.

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“I personally look forward in learning from Sachin’s journey, his leadership and guidance, as we build one of the most impactful global businesses out of India”, he further added.   

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