India: Ola in talks to raise $200m from tech giant Microsoft

India: Ola in talks to raise $200m from tech giant Microsoft

Photo: Reuters

Cab hailing platform Ola is set to unveil a new connected car project through a strategic partnership with software major Microsoft, which will also include Microsoft pumping in around $200 million into Ola’s parent company ANI Technologies Pvt Ltd., two people are of the deal told Mint requesting anonymity.