In last 15 months Ola spent $60 Mn in international operations: Source

07:30:00 AM, Thursday 16th of May 2019 | in business

In the last 15 months, the cab-hailing app Ola has spent over $60 Million into its international operations, a source reported, who also said that this amount reflects only the additional expenses to run local operations, marketing, and incentives. The source further said that it is expected that the international business will account for more than 1/3rd of Ola’s overall revenue by the end of this FY.