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Ola to invest in Bengaluru online lending startup Avail Finance
short by Kanishka Pandey / on Saturday, 29 June, 2019
Ola has announced it plans to invest an undisclosed amount in Bengaluru-based online lending platform Avail Finance. The ride-hailing giant is entering into a strategic partnership with the lending platform to build financial solutions for its 15 lakh drivers. Last year, Avail Finance had raised $17.2 million from Ola Co-founder Bhavish Aggarwal, Flipkart Co-founder Binny Bansal, among others.
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