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.