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Ola to Invest Rs 50 Crore in Taxi Leasing Programme

Ola to Invest Rs 50 Crore in Taxi Leasing Programme

Wednesday, March 1, 2017, 3:14 PM

Ola has invested Rs 50 crore into its leasing subsidiary, Ola Fleet Technologies Pvt. Ltd . This is Ola’s first significant capital infusion into the entity, since its acquisition two years ago. As a part of the strategy, Ola has hired Rahul Maroli to head the leasing business. Prior to joining Ola, Mr Maroli was working for a fleet management company, LeasePlan.
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