After investing in several companies like Snapdeal, Xiaomi, Paytm etc Ratan Tata has now invested in Olacabs.
Mr. Tata’s inclination towards transportation as a segment with the way he steered Tata Motors under his leadership at the group level is well known. Also, the Tatas at a group level and Mr. Ratan Tata himself, have built businesses that have focused on immense social impact and value creation.
With Ola’s vision to impact mobility and transportation in India by creating a valuable citizen utility and a robust entrepreneurial ecosystem, we look forward to seeking inspiration and learning from this association. It is an honour as well as a huge endorsement for us and reflects Ola’s commitment towards the future of mobility in India. [Bhavish]