Ola collects more than 7,000 crores from venture funds
Ola collects more than 7,000 crores from venture funds
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Ola has raised investment of 1.1 billion (Rs 7,150 crore) from various venture companies. Ola says she has got her latest funding round in China's Internet company Tencent Holding Ltd. These funds have been mobilized under the leadership of 

The company said, "Our investor Softbank and other US investors also participated in this funding round." Ola is talking to her new investors besides raising funds. Ola's co-founder and chief executive officer Bhavish Agarwal Said, "We are very pleased to receive Tencent Holdings as our new partner. Our aim is to provide a global competitive Is to build a futuristic transportation system. "

He further said, "Our new partners share together our passion for building together with the future of transport together in India. We look forward to learning and gaining from their global scenarios and ecosystems." Martin Lau, president of Tenant Holdings said, "Ola's unique local offerings have been made in line with India's growing transport needs." 

Ola is present in 110 cities across the country. These are equipped with Connected Car Platform- Ola Play for all Ridesharing. With its new round of funding, important investments will be made in supply, technology, and state-of-the-art innovations to meet the country's unique traffic needs. The statement said that the company would make a remarkable technical investment in Artificial Intelligence and Machine Learning capabilities to solve India's unique mobility problems.

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