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IPO-bound Ola raises $20 Mn from Hong Kong-based Segantii Capital

Shortpedia

Content Team
Image Credit: cnbc

Bhavish Aggarwal-led which cab hailing service Ola Cabs is raising close to $20 Mn (INR 150 Cr) from Hong Kong-based Segantii Capital. As per the regulatory documentary accessed by Inc42, ANI Technologies which operates Ola, is further extending its J1 series, by adding Segantti Capital to the round. The startup, which is almost trying to enter the Super-app race, is allotting a total of 66,269 Series J1 CCPS to Segantii India (Mauritius).