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Tata Invests in Taxi Aggregator

  • NDTV, Monday, July 6, 2015 12:30 PM
Ratan Tata has acquired a stake in taxi aggregator Ola, making it his latest personal investment in startups. "We are thrilled to share that Mr. Ratan Tata has recently invested in Ola, in his personal capacity. While I am personally very excited about this, as a company we can now learn from the rich experience of one of the finest business leaders of our times," Bhavish Aggarwal, CEO and co-founder of Olacabs said. Olacabs calls itself India's largest aggregator of point to point and rental cabs with operations in over 100 cities and 1.5 lakh vehicles registered on its platform. Ola was founded by IIT Bombay alumni Bhavish Aggarwal and Ankit Bhati in in January 2011.

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1 comment about "Tata Invests in Taxi Aggregator".
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  1. Arun Kumar from NDOT, August 27, 2015 at 8:58 a.m.

    For Mr. Ratan Tata it's one amongest great investment in unique startup. After many controversials of uber, OLA, meru, taxiforsure and meru are drastically marketing their service against Uber. Not only in India, all over the world, many taxi firms seeking a <a href="http://www.taximobility.com">uber clone</a> app for compite with uber.

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