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Home News RNT Capital, Falcon Edge Capital set to invest $100 mn in Ola

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RNT Capital, Falcon Edge Capital set to invest $100 mn in Ola

RNT Capital, Falcon Edge Capital set to invest $100 mn in Ola

Monday, April 3, 2017, 7:19 AM

Ola is in advanced talks to raise fresh capital of about Rs 650 crore ($100 million) led by RNT Capital Advisers, a venture fund set up by Tata Sons chairman emeritus Ratan Tata. India’s largest ride-hailing app is also negotiating further funding of $200 million from other investors, the sources said, as it looks to enhance its lead over San Francisco-based rival Uber.
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