Ratan Tata invests in Ola in his personal capacity

Bullish about the future of mobility in India with Ola at the forefront

Ola, India’s leading mobile app for personal transportation, today announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested

Mr. Tata’s strong inclination towards transportation as a segment and philosophy of creating widespread social impact through business creates a strong connection to this investment Bhavish Aggarwal, CEO and Co-founder, Ola said, "It is our honor to have Mr. Ratan Tata onboard as an investor Ola currently serves millions of customers in over a 100 cities across India through 150,000 vehicles registered on its platform. Through Ola’s mobile app, customers can book cabs, autos and taxis from around them to their doorstep within minutes of requesting. This growth has been further accelerated with the acquisition of TaxiForSure, India’s second largest cab aggregator in March 2015. Ola has leveraged its strength as an on-demand platform by going beyond transportation into instant food delivery with OlaCafé, currently available in beta across four cities.