Ola infuses â¹50 crore into its cab-leasing arm
Indian cab aggregator Ola has infused over â¹50 crore ($7.68 million) into its cab-leasing arm, Ola Fleet Technologies. In March last year, the homegrown startup invested â¹50 crore in Ola Fleet, which was called GCabs before Ola acquired it in 2015. Ola Fleet also reportedly secured a term loan of â¹1,000 crore last September. 