OLA ACQUIRES COMPANY IN COMPLEMENTARY SPACE

OLA ACQUIRES COMPANY IN COMPLEMENTARY SPACE

Project Description

Ola Cabs: Ola Cabs is a new age travel company which provides cab services to consumers. Ola aggregates cabs on their platform and connects them to the nearest passenger through their automated platform. They have raised capital from Tiger Global, Matrix Partners, Sequoia Capital, Steadview Capital and Softbank. The company was founded in 2010 by IIT Bombay graduates Bhavish Aggarwal and Ankit Bhati

Merisis Advisors advised Ola, a technology company in the taxi aggregation space on its purchase of a company in complementary area in April 2015 in a domestic M&A transaction

Client: Ola Cabs

Date: April 2015

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Project Details

Date September 12, 2016 Categories Author Sumir