Ola raises â¹14 crore from China scooter-making firm: Report
Ride-hailing startup Ola has reportedly raised over â¹14 crore in funding from Chinese scooter-making firm Eternal Yield International by the issuance of preference shares. This follows the Bengaluru-based startup's recent $100-million investment in scooter rental startup Vogo in December 2018. As part of the investment, Ola had added 1,00,000 scooters to its fleet.