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Sachin Bansal Invests $92 Mn In Ola

Flipkart co-founder Sachin Bansal has committed more of his personal $1 billion-plus fortune towards Ola bringing his total personal investment in India’s largest cab-hailing service to roughly $92 million ( Rs 650 crore). Bansal, who reaped an exit of nearly $1 billion after selling his 5-6% stake in Flipkart during its $16-billion sale to Walmart, has invested in Ola in separate tranches over the past few months, as part of Ola’s Series J round. In January, Bansal had parked roughly $21 million ( Rs.150 crore) in Ola, which is aiming…

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