DST Global Leads an INR19.5 Billion Round for Ola (Asia)

Source: VCCircle | Author(s): Priyanka Sahay

ANI Technologies, operator of India-based taxi-booking platform Ola, has raised INR19.5 billion (approximately US$313 million) in a round of funding led by global venture capital firm DST Global, which contributed INR11.5 billion (approximately US$185 million). Other participants in the round included global investment firm Tiger Global, hedge fund Steadview Capital and global venture capital firm Accel Partners.