Microsoft may invest up to $100 million in Ola: Reports

Technology major Microsoft is reportedly looking to invest $50-100 million (up to ₹640 crore) in ANI Technologies, the parent company of ride-hailing startup Ola. As part of the deal, Ola will reportedly switch from Amazon Web Services (AWS) to Microsoft’s Azure cloud platform. In April, Microsoft invested in Flipkart as part of a $1.4 billion round.